Ag equipment exports drop 13.5% in 2015

Long-term slump in commodity prices worldwide has negatively pressured agricultural exports and, thus, agricultural equipment.

Exports of U.S.-made agricultural equipment dropped 13.5% in 2015 compared to the previous year, with a total of $7.4 billion shipped worldwide, the Association of Equipment Manufacturers (AEM) reported, citing U.S. Department of Commerce data it uses in global market reports for members.

“The global economy is experiencing a long-term slump in commodity prices, which has put downward pressure on agricultural exports,” Benjamin Duyck, AEM director of market intelligence, said. “In

All access premium subscription

This content requires a subscription to Feedstuffs in order to access. If you are a paid subscriber, use your email and password to Log In now.


Current Feedstuffs Subscribers: Online and mobile access are now included at no charge to you. To read this article, use your subscriber email and password to log-in to your account (or contact us for assistance in updating your account.)


Not Currently a Subscriber: Subscribe NOW to Feedstuffs and receive our print and/or digital publications, enewsletters and premium online content. Visit Feedstuffs.com and click on Subscribe at the top of the page for more information.


SUBSCRIBE NOW https://circulation.feedstuffs.com/Publications.aspx


TO RENEW YOUR SUBSCRIPTION https://circulation.feedstuffs.com/SubscriptionOffers.aspx


Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish