After an increase of 7.3% from the 43,077 units sold in 2020, Brazil’s National Assn. of Automotor Vehicle Manufacturers (Anfavea) expects to get a similar growth in the sector of agricultural machinery in 2021.
The latest report from Brazil’s Anfavea reveals that year-over-year tractor sales in October increased by nearly 34.5%, but sales declined on a month-to-month basis
Organizers and exhibitors at the 41st Expointer, the largest open-air agricultural show in Latin American, are reporting increased sales at the expo vs. 2017.
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In this episode of On the Record, brought to you by Associated Equipment Distributors, Deere Director of Investor Relations Josh Beal told JP Morgan analysts that the OEM is confident it will be “producing to demand” in fiscal year 2025.