Lack of agricultural machinery worries producers
Oct, 07, 2021 Posted by Ruth HollardWeek 202138
The lack of tractors and other agricultural machines on the market is worrying farmers.
These sales are heated this year, according to FENABRAVE (the national federation of automotive vehicle distribution). In the first 7 months of 2021, almost 31,000 tractors and trucks were sold in Brazil, an increase of more than 30% compared to the same period last year.
But with greater demand than supply, many resellers are not able to deliver.
A movement of R$ 33 billion is forecast for 2021, according to ABIMAQ (the Brazilian association of machinery and implements industries). But manufacturers face problems with the shortage of inputs such as steel, tires, and chips, which are essential for the equipment technology to work.
Source: G1
To read the full original article, visit the link:
-
Grains
Aug, 18, 2022
0
High prices curb Brazilian wheat exports
-
Ports and Terminals
Jan, 10, 2025
0
Cofco Expands Export Capacity in Brazil with Terminal in Santos
-
Ports and Terminals
Sep, 17, 2024
0
Port of Rio Grande Reports Increase in Grain and General Cargo Volumes
-
Grains
Feb, 08, 2022
0
Soybean prices in Brazil are US$ 180 higher than Argentina’s; both are more expensive than US prices

