Harvesters slow down // Farm equipment sales slow down
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Sales of domestic agricultural equipment continued to grow in the third quarter, showing a growth of 19% in nine months. But market demand weakened on the back of low grain prices. Rosspetsmash believes that in the fourth quarter the market will remain at the level of the third quarter, and they call for increasing state support next year. Analysts agree with this, warning that the increase in operating costs for farmers is forcing them to postpone the purchase of new equipment, which could lead to an “investment pause”.
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