The Brazilian National Assn. of Vehicle Manufacturers (Anfavea) released new numbers on tractor and grain combine sales for the month of October in Brazil. The number of tractor units sold reached 3,362 in the period.
The Brazilian National Assn. of Vehicle Manufacturers (Anfavea) reports August wheel tractor sales reached 3,558 units in the month — a 5.4% drop compared to July. But year-over year, wheel tractor sales improved by 6.7% vs. August 2019.
The Brazilian National Assn. of Vehicle Manufacturers (Anfavea) sales of wheel tractors came in at 2,614 units during June, which is down 14.74% from May sales. On a year-over-year basis, unit sales were down 23.3%.
The latest report from Brazil’s Anfavea reveals that year-over-year tractor sales in March fell by 1.3% to 2,823 units but increased 44.5% vs. February.
The latest report from Brazil’s Anfavea reveals that year-over-year tractor sales in September increased by 14.5%, but sales declined on a month-to-month basis.
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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.