Brazilian Ag Equipment Sales Rebound in May

Sales of farm tractors and combines in May bounced back from lows seen in previous months according to the Brazilian National Assn. of Vehicle Manufacturers (Anfavea). In May, sales of farm tractors totaled 3,066 units, up 58.7% from April. Year-over-year sales rose by 22.9%, up from the 2,494 units.

Sales of combines used for harvesting grains jumped 30.3% to 317 units vs. April. Year-over-year sales were up 117% compared to the 146 units sold in…

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