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Exports of American-Made Agricultural Equipment Gained 16%

U.S.-Made Agriculture Equipment Gained 16% in 2012 to $12.8 Billion

By , Farms.com

An export of United States-made agriculture equipment increased by 16% in 2012 for a total of $12.8 billion says the Association of Equipment Manufactures (AEM). The 16% gain for 2012 follows 23% growth in 2012 and 12% growth in 2010. AEM says that they are optimistic that global sales will continue to grow.

The top 10 export destinations for American-made agricultural machinery in 2012 (by dollar volume):

1. Canada - $4 billion, up 18%
2. Australia - $1.1 billion, up 5%
3. Mexico - $959 million, up 19%
4. Brazil - $729 million, up 41%
5. Germany - $497 million, up 9%
6. China - $468 million, up 42%
7. Ukraine - $382 million, up 30%
8. France - $370 million, up 18%
9. Russia - $334 million, up 42%
10. South Africa - $315 million, up 47%


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Video: Will the 2025 USDA December Crop Report Be a Market Mover/Surprise?


Historically, the USDA December crop report is a non-event or another dud report as the USDA reserves any final supply changes to the final report in January of the following year in this case 2026. But after the longest U.S. government shutdown in history at 43 days and no October crop report will they provide more data/surprise and make an exception?
Our China U.S. soybean purchase tracker is now at 26.6% or a total of 3.2 mmt but for traders it’s taking too long to unfold.
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Australia is expected to produce its 3rd largest wheat crop ever at 36 mmt adding to the global glut of supplies.
Reports of ASF in hogs in Spain the largest pork exporter in Europe could see the U.S. win more pork export business long-term.
If the rains verify into next week of 3-5 inches for Brazil it would go a long way to fixing the dry regions from the last 2-months, but the European weather model has been wrong for the past 2-months!
Natural gas futures are surging to the 3rd price count as frigid hold temps set in.
CDN $ is also surging to end the week on a very resilient economy and better employment numbers suggesting no interest rate cuts next week.
Finally, the CFTC report showed funds were net buyers of soybeans but sellers of corn, canola and wheat. In real time the funds have gone back to selling as they take some profits.