SA agriculture machinery sales remained on a firm footing in October 2020

Published: 09/11/2020

South Africa’s agricultural machinery sales remained solid in October 2020. Tractor and combine harvester sales were up by 37% y/y and 136% y/y, with 789 units and 26 units sold, respectively. The tractor sales were boosted, to a certain extent, by improved farmers’ financial position following a large summer grains harvest in the 2019/20 production season, combined with higher commodity prices. South Africa’s 2019/20 maize, sunflower seed, and soybeans production was up 37% y/y, 16% y/y and 8% y/y, estimated at 15.4 million tonnes, 785 910 tonnes and 1.3 million tonnes, respectively.

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