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 November numbers from Brazil’s Anfavea reveal that farm tractor sales in November dropped 16.3% year-over-year with 2,371 tractors commercialized during the month. Sales were also down 25.6% vs. October when 3,187 tractors were sold.
LS Tractor, the tractor division of the LS Mtron, headquartered in South Korea, confirmed to Ag Equipment Intelligence its intention to double the production capacity of its Brazilian factory in Garuva, Santa Catarina.
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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.