In December, there were three combine harvester sales, the same as the previous December. For the full calendar year, combine harvester sales were up 25% compared with the previous year.
Market sentiment continues to be very positive.
Good crops in general, good commodity prices, and favourable rainfall in most areas contribute to this. Underlying economic factors, highlighted in the Agribusiness Confidence Index, also contribute to this positive market sentiment.
Initial estimates for the 2021 calendar year are quite encouraging, with sales likely to be up to 10% higher than in 2020. – Press release, South African Agricultural Machinery Association