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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]
Agricultural equipment is any kind of machinery used on a farm to help with farming. The best-known example of this kind is the tractor . From left to right: John Deere 7800 tractor with Houle slurry trailer, Case IH combine harvester, New Holland FX 25 forage harvester with corn head.
Hesston 5670 round baler, in 2010. AGCO was established on June 20, 1990, when Robert J. Ratliff, John M. Shumejda, Edward R. Swingle, and James M. Seaver, who were executives at Deutz-Allis, bought out Deutz-Allis North American operations from the parent corporation Klöckner-Humboldt-Deutz AG (KHD), a German company which owned the Deutz-Fahr brand of agriculture equipment.
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