AGRICULTURAL NEWS - The SA Agricultural Machinery Association (SAAMA) reported sales of 569 units for June this year compared with the 479 units sold in June 2017.
Wandile Sihlobo, Agbiz’s head of Agribusiness Intelligence, said that the June 2018 tractor sales were the highest recorded for this particular month since 2014.
“This far exceeded our expectations, which is a surprise given that June is a fairly quiet month in terms of planting for both summer and winter crop areas,” he said.
SAAMA’s figures indicated that year-to-date tractor sales of 3 405 units were 11,9% up on the 3 042 units sold nationwide during the first six months of last year.
Strong tractor sales figures for June
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Analysts of South Africa’s agricultural machinery sales expressed surprise about the 18,8% year-on-year increase in tractor sales for June.
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Posted on: 09:12 Mon, 16 July 2018
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