AGFACTS Newsbrief Summary – July 2017
- 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 reduction in nominal terms is 1.7% (smoothed).
- The fifth production estimate for commercial maize for the 2016/2017 season is 15.631 million tons. This is 101% more than in the 2015/2016 production season.
- Year-to-date (6 months to June) tractor sales of 3 038 units are 2.9% up on last year.
Year-to-date (6 month) self-propelled combine harvester sales are 11.0% down on last year