The governor of the Brazilian state of Sao Paulo, Tarcisio de Freitas, recently said during an ag show that he will extend the tax exemptions for the purchase of agricultural machinery. The total amount of exemptions equals nearly $107 million. “This is a recognition that the agricultural sector has invested in our state and country non-stop,” he said.
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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.
