Government tenders boost tractor sales, Saama

Combine harvester sales rose 52.4% to 64 units in April, compared with 42 units recorded in the previous comparable period. Market fundamentals remained positive, Saama said in a statement.

"Recent deliveries on government tenders continue to give the market a boost," the statement said, adding that the market is still very competitive. "Crop prices are still holding up well, with stock levels being finely balanced between supply and demand. This will have a bearing on crop prices as local and international grain stocks are quite low." Business Live reports that industry predictions for tractor sales for the 2012 calendar year are currently between 6,700 and 7,300 units, almost 10% down on 2011 sales.

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