AgribusinessAugust wholesales rose 6.5 percent but retail registrations only 0.8 percent; with El Niño rainfall at 85 percent of the long-period average, deficient kharif harvests could delay replacement buying.
Czech tractor maker Zetor says energy, labour and material costs make manufacturing in Brno uncompetitive; once current orders are finished, its sub-130hp tractors will be built in India and later China, with the new 5-series sourced from Turkey's Hattat, while headquarters and engineering stay in B
Farm tractor sales in the United States fell 8% year on year in August to 14,571 units and self-propelled combine sales dropped 4%, the Association of Equipment Manufacturers reported, with Canadian combine sales down more than 40%.
FTMTA executive director Michael Farrelly sees grass machinery selling well on the back of dairy, horsepower creeping up as labour gets scarce, and renewed interest in efficient four-cylinder tractors as fuel costs bite.
