According to analysis from Yaroslav Navrotsky, Ph.D. at the Ukrainian Department of Investment and Logistics of the National Research Center Institute of Agrarian Economics, tractor production in Ukraine has decreased noticeably over the last 4 years.
A total of 154,522 tractors were registered in the EU in 2020, down 2.6% from 158,607 in 2019, according to the Axema 2021 Economic Report. 2020’s tractor registrations also represented a 1.8% increase from the 151,880 tractors registered in the EU in 2018.
According to analysis from Yaroslav Navrotsky, Ph.D. at the Department of Investment and Logistics of the National Research Center "Institute of Agrarian Economics," tractor production in Ukraine has decreased dramatically over the last 4 years.
Several industry representatives expressed their concerns about the lack of resources released by Brazil’s federal government since last year. However, many of them are optimistic due to the high commodity prices and strong demand for exports.
As Brazil’s Anfavea stopped releasing sales numbers by the end of last year, the market now can only rely on quarterly data divulged by the country’s National Federation of Distribution of Automotor Vehicle (Fenabrave).
Ag equipment sales closed out the first quarter with a strong performance in March. In the U.S. the tractor unit sales growth streak continued to 11 straight months and Canada also extended its sales streak, according to the latest data from the Assn. of Equipment Manufacturers.
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In this week's episode we take a look at President Joe Biden's recent executive order that encourages the Federal Trade Commission to make rules related to Right to Repair. In the Technology Corner, Ben Thorpe discusses the results of the 8th Annual Strip-Till Operational Benchmark Study and what precision technology strip-tillers plan to invest in in 2021. Also in this episode: Art's Way's second quarter and first half earnings and Kubota's results in the latest EDA Dealer-Manufacturer Relations report.