NEWS
Machinery Chatter
Russ Quinn DTN Staff Reporter
Wed Mar 5, 2014 11:03 AM CST

U.S.-manufactured agricultural equipment exports dropped 6% in 2013 for a total of $12 billion, according to press release from the Association of Equipment Manufacturers (AEM). AEM stated the figures came from the U.S. Commerce Department.

The 6% drop for 2013 follows three years of export growth. Exports were up 16% in 2012, 23% in 2011 and 12% in 2010. These strong years followed a 2009 decline of 23% during the depths of the recession.

There were many global causes at work to explain why the U.S. saw a slight downward trend in farm equipment exports, said Charlie O'Brien, senior vice ...

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