Items Tagged with 'VDMA Agricultural Machinery Association'

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Forecast & Trends

2015 Global Ag Equipment Sales Forecast to Decline by 10%

Worldwide production and sales of farm machinery are expected to decline by 10% in 2015, according to the VDMA Agricultural Machinery Assn. based in Frankfurt, Germany.  After reaching an all-time sales high of $116 billion in 2013, sales of ag equipment fell slightly to about $114 billion last year.
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