AGFACTS Newsbrief Summary – July 2016
- The overall trend in year-on-year price changes of agricultural machinery has largely stabilized in recent months. The current overall year-on-year price increase in nominal terms is 16.3% (smoothed).
- The sixth production estimate for commercial maize for the 2015/2016 season is 7.161 million tons. This is 28.1% less than in the 2014/2015 production season.
- Year-to-date (6 months to June) tractor sales of 2 952 units are 10.8% down on last year.
- Year-to-date (6 month) self-propelled combine harvester sales are 11.9% down on last year.