Mail & Guardian
Mail & Guardian
agricultural machinerylatest news & developments
Tractor sales increased for the second consecutive month, up 21% year-on-year in February 2025 (File photo)
AGRICULTURAL MACHINERY

Weak agricultural machinery sales do not reflect crop season prospects

The agricultural sector has had a few seasons of higher machinery sales, supported by improved incomes for farmers due to ample harvests and higher commodity prices

  • Wandile Sihlobo
3 min read
Sales of agricultural equipment are likely to slow going into 2024 because of rising interest rates (Photo by Karl-Josef Hildenbrand/picture alliance via Getty Images)
AGRICULTURAL MACHINERY

Agricultural equipment sales not as robust as recent figures suggest

Sales are likely to slow going into 2024 because of rising interest rates, the rand/dollar exchange rate and lower grain and soybean prices

  • Wandile Sihlobo
4 min read