German Equipment Sales Upswing Surpasses Projections

Production and sales of German ag machinery is in “high gear” as increasing demand continues as measured by current incoming orders, according to VDMA, the German Agricultural Machinery Assn. Overall sales of farm equipment in 2011 rose by 27% to $9.2 billion, which approached the all-time highs seen in 2008.

“The speed with which orders received by agricultural machinery manufacturers climbed again surprised us. A year ago we did not anticipate such a significant upswing,”…

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