Even with the worsening conflict between Russia and Ukraine, some South American companies have reported to have received more orders for agricultural machinery.
Agrishow, one of the largest agricultural fairs held in Brazil, has generated more than R$ 11.2 billion ($2.1 billion) in sales of machinery and agricultural machinery in April 2022.
The province of Buenos Aires, the largest Argentinian province, has launched a plan to boost the production of agricultural machinery and aims to reach 95% of the inputs used to assemble the machinery made in Argentina.
According to a report from Observator, Kharkiv Tractor Plant, a Ukrainian tractor manufacturer that suffered bombing during the initial invasion of Ukraine, has announced it will move production to neighboring Romania.
According to multiple reports, AGCO manufacturing facilities in Marktoberdorf and Asbach-Bäumenheim, Germany, as well as the company's plant in Beauvais, France, have either restarted production or plan to next week following last week's ransomware attack.
In an April 29 press release announcing an investment in the company's factory in Bad Saulgau, Germany, Claas said it would "discontinue the production of loader and forage transport wagons at the end of the 2022 season" to create additional capacity for ORBIS row-crop header production.
The Brazilian government announced it will start free registration of agricultural machinery vehicles in October. According to Brazil’s Agriculture Ministry, the registration will be completely free, and it aims to increase safety and security.
The agricultural fair known as the kick-off for the end of the soybean harvest in the Brazilian state of Rio Grande do Sul is also recognized for featuring the latest technologies, an opportunity for farmers to test-drive the combines and sign the contracts if they like the innovations they have seen.
Expoagro, the agricultural fair held annually in March in different locations of the Buenos Aires province, Argentina, gathered more than 100,000 people and 600 companies during its 2022 show.
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In this episode of On the Record, brought to you by Associated Equipment Distributors, we take an initial look at the Dealer Business Outlook & Trends Report and what dealers are forecasting for 2025.