Agricultural machinery manufacturers in Russia are expected to have seen a 25% increase in production by the end of this year as state support to domestic manufacturers helps spur demand.
After averaging an annual growth rate of 11% since 2009, worldwide ag equipment sales are expected to take a breather this year, according to Frankfurt, Germany-based VDMA Agricultural Machinery Assn.
Exports could drop slightly in the coming years as local production is to be increased through political measures in important sales markets such as Russia, China and Brazil, according to VDMA Agricultural Machinery Assn. based in Frankfurt, Germany.
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In this episode of On the Record, we take a look at the most recent push for right to repair, this time at the federal level. In the Technology Corner, Mackane Vogel shows us some new tech he recently encountered from Solinftec.