The Brazilian Assn. of Machinery and Implements Manufacturers (Abimaq) released August’s numbers for agricultural machinery sales. The revenue in the month reached BRL 6.4 billion (or nearly $1.1 billion), which is 8.4% more than July. For the first 8 months of 2024, there was a 15.8% drop in sales.
Total unit sales of tractor and combines fell 29% from January to August to 29,390 machines. The exports…
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