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Articles Tagged with ''Brazil''

Kuhn Acquires Brazilian Ag Equipment Maker

December 15, 2020 | Posted in Mergers & Acquisitions

A Brazilian manufacturer of cultivators and grain chasers is set to become the latest addition to the Kuhn Group portfolio.

Brazil’s Competitiveness in Global Ag Markets Rooted in Currency Depreciation

October 22, 2020 | Posted in Data & Trends

Brazil’s macroeconomic policies — currency devaluation, in particular — have played an important role in its position as one of the top exporters of agricultural products, including soybeans, corn, cotton, sugar, coffee, orange juice and meat.

MF’s Momentum Wins Machinery of the Year Prize for 2020-21 in Brazil

October 15, 2020 | Posted in Ag Equipment Worldwide

Massey Ferguson’s Momentum planter was awarded the 2020-21 Machine of the Year in the seeder category, the company announced. The event is organized by a media group in Brazil and took place on Sept. 22 and occurs every 2 years.

Brazil Launches Machinery Funding Bill

July 15, 2020 | Posted in Ag Equipment Worldwide

In early June, Brazil launched its package of farm subsidies funding bill, which is known mostly for its loans to machinery purchases and known locally as the Crop Plan. For the 2020-21 crop season, starting in July of this year, the Brazilian government increased the total budget for the program by 6.1%, which accounts for R$236.3 billion (nearly $44.2 billion).

New Holland Bets on Digital Presence in Brazil

June 15, 2020 | Posted in Ag Equipment Worldwide

As the result of the suspension or cancellation of several agricultural fairs in Brazil due to the COVID-19 outbreak, New Holland is working with dealerships, like Lider Tratores of Rio Grande do Sul, to promote digital events to showcase their products.

Valmont Acquires Majority Stake in Brazil-Based Solar Energy Company

June 4, 2020 | Posted in Technology

Valmont Industries, a global provider of engineered products and services for infrastructure development and irrigation equipment and services for agriculture, has announced the purchase of a majority stake in Energia Solar do Brasil (Solbras), a solutions provider in the photovoltaic (PV) energy sector.

Coronavirus Causes Deere to Shut Down Brazilian Manufacturing Operations

March 25, 2020 | Posted in Equipment & Equipment Sales

According to a March 24 Bloomberg report, Deere said it will stop production at its six plants in Brazil in an attempt to contain the spread of the coronavirus.

Brazil to Surpass U.S. as Top Soybean Producer

January 14, 2020 | Posted in Commodities

Source: USDA

According to a recent report from USDA, Brazil is forecast to overtake the U.S. as the leading worldwide soybean producer during the 2019-20 season.

Brazil Increases Funds for 2019-20 Crop Plan

July 19, 2019 | Posted in Ag Equipment Worldwide

During the past month, Brazil announced its 2019-20 Crop Plan, a subsidy program aimed at mitigating production risks for the country’s farmers.

Brazil June Combine Sales Offset Tractor Slowdown

July 17, 2019 | Posted in Ag Equipment Worldwide, Equipment & Equipment Sales

The July 2019 report from Brazil’s Anfavea shows that wheel tractor sales in June fell 18.5% year-over-year with 3,412 tractors sold.

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