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In 2014, the AEM stated that "U.S. domestic sales of agricultural machinery and equipment rose from about $20 billion in 1999 to $38 billion in 2012. Since 1998 and through 2012, U.S. exports of agricultural equipment have grown relatively quickly, more than doubling from about $4 billion to $8.7 billion. [26]
In February, the USDA forecast net farm income in 2024 will fall by $43 billion, about 27%, after reaching a record high in 2022. Crop and animal product sales are also expected to generate $21 ...
Website. aem.org. The Association of Equipment Manufacturers (AEM) is a North American trade association representing off-road equipment manufacturers and suppliers. AEM represents more than 1,000 companies with more than 200 product lines in agriculture and construction-related industry sectors worldwide.
The World Agricultural Supply and Demand Estimates ( WASDE) is a monthly report published by the United States Department of Agriculture (USDA) providing comprehensive forecast of supply and demand for major crops (global and United States) and livestock (U.S. only). The report provides an analysis of the fundamental condition of the ...
Agriculture. Agricultural machinery relates to the mechanical structures and devices used in farming or other agriculture. There are many types of such equipment, from hand tools and power tools to tractors and the farm implements that they tow or operate. Machinery is used in both organic and nonorganic farming.
Precision agriculture uses many tools but here are some of the basics: tractors, combines, sprayers, planters, diggers, which are all considered auto-guidance systems. The small devices on the equipment that uses GIS (geographic information system) are what makes precision agriculture what it is. You can think of the GIS system as the “brain.”
In 1976, Kinze Manufacturing, Inc. moved to Williamsburg, Iowa where its factory facilities grew to keep pace with the production of agricultural equipment. Today, Kinze is a leading manufacturer of row crop planters, grain carts, and high-speed disks. Kinze opened a production facility in Vilnius, Lithuania in 2013 to meet the growing demand ...
CLAAS is an agricultural machinery manufacturer based in Harsewinkel, Germany, in the federal state of North Rhine Westphalia. Founded in 1913 by August Claas, CLAAS is a family business and one of the market and technology leaders in harvesting technology. It is the European market leader in combine harvesters and considered as world market ...