Brazil Narrowing Ag Production Gap with U.S.

Through the first seven months of 2012, Brazilian farmers purchased nearly 31,000 tractors and 2,700 combines. This compares with the U.S. growers’ purchases that amounted to slightly more than 108,000 total tractors and 4,100 combines between January and July 2012. Despite the difference in unit sales of farm equipment, the value and volume of agricultural production in Brazil continues to creep closer to that of the U.S., the world leader in overall agricultural production. 

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