On June 29, Brazil’s national government announced its Crop Plan for the 2022-23 season. The plan, which is known as the Brazilian version of the Farm Bill, subsidizes farm investments aimed to increase productivity in the field. The amount released this year is R$340.9 billion (nearly $63.1 billion) or 36% more than what was released last year.
The subsidized interest rates account for R$195.7 billion ($36.2 billion), which is over 25% more than the previous…
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In this episode of On the Record, brought to you by Associated Equipment Distributors, we look at AGCO’s plans for its precision business and its 2029 targets. In the Technology Corner, Noah Newman talks with Eis Implement’s precision team. Also in this episode, the interest savings dealers could see with the latest rate cut by the Fed and a look at the used 100+ horsepower tractor market.
