VDMA: German Farm Machinery Sales Grow by 10%, ‘Second-Best Result Ever’

Agricultural machinery and tractor manufacturers production in Germany experienced an exceptionally good business year in 2017, a strong growth in turnover of 10%, to €7.9 billion ($9.7 billion). According to VDMA Agricultural Machinery Assn., this represented the second-best annual result ever achieved by the industry. “The demand for innovative agricultural machinery is greater than it has been for a long time,” said Dr. Bernd Scherer, managing director of the association. Satisfactorily high milk prices, in…

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