For Gilson Farias, business development manager for the states of Paraná, Sao Paulo and Rio de Janeiro, the rate cut is more of a long term issue. The total credit available during the show was R$3 billion ($641 million at current exchange rates).
In February and March, two major agricultural shows are held in Southern Brazil. Attendees at both shows demonstrated a high level of interest in loans for machinery.
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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.