“Income contraction in agriculture, monetary tightening, geopolitical uncertainty, and inflation have influenced the performance of the agromechanical market in the first quarter of the year.” This is how FederUnacoma, the association of agricultural machinery manufacturers, introduced the data on tractor registrations recorded by the Motorization in the first three months of the year. The organization identifies four reasons behind a decline exceeding 25 percent, and indeed, they all hold true. However, there are two other equally significant reasons. The first lies in the excessive generosity with which the State has…
Read MoreTractor market january-march 2024: all as expected
