Worldwide Exports of Ag Machinery Expected to Decline in 2014

While U.S. ag equipment manufacturers rank second behind Germany in exports of farm machinery, it is far less reliant on overseas sales as a percentage of total sales than its European Union counterparts. The expected slowdown in unit sales of equipment during 2014 will also show up in export levels.

U.S. Exports. The domestic market has always proved to be the most fertile ground for U.S. manufacturers of farm equipment. According to Frankfurt, Germany-based VDMA…

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