U.S. farm equipment exports: 2009 ends with 23-percent decline

U.S. exports of agricultural-related machinery totaled nearly $8 billion in 2009, a 23-percent drop compared to the previous year, with the largest declines in business to Europe and South America, according to the Association of Equipment Manufacturers (AEM). The AEM trade group consolidates U.S. Commerce Department data for off-road equipment with other sources into quarterly export trend reports.