Tractor sales dropped 24% in November 2024, reflecting financial pressures and past drought impacts, but analysts remain optimistic about the 2024-25 farming se
Lost your password? Please enter your username or email address. You will receive a link to create a new password via email.Lost your password? Please enter your username or email address. You will receive a link to create a new password via email.Farmers intend to plant 4.47 million hectares of summer grains and oilseeds in the season, up by 1% year-on-year.
They look at the weather outlook and commodity prices, which influence farmers’ decisions about how much area they can plant. For example, higher prices are always an incentive, especially when the weather is favourable. An email from the South African Agricultural Machinery Association, which presented the country’s tractor sales for November 2024, reminded me of this.
To an occasional observer, the figures would seem worrying and perhaps suggest trouble for the season ahead. However, the data is not a concern for industry stakeholders and analysts because unique factors are behind the weak sales.
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