U.S. Farm Equipment Exports Fall Sharply

U.S. farm equipment exports declined by 20% during the first half of 2009 compared with the same period in 2008, according to the Assn. of Equipment Manufacturers (AEM). The association estimates that U.S. farm machinery exports totaled $4.7 billion during the first half of 2009, down from $5.8 billion a year earlier. 

Export sales to Europe declined the most, dropping 35% in the first half when compared with 2008. Similarly, export sales for the period…

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