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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).
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AGCO Rolls Out Fendt in Brazil

July 15, 2020 | Posted in Ag Equipment Worldwide
AGCO is introducing its Fendt-branded equipment in Brazil. The company tested the Ideal combine in 45 different properties in the country. In addition, it began selling the Momentum planter and launched the Fendt 900 Vario tractor for the Brazilian market in an online event.
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