2017 United States Agriculture Equipment Market StatusPosted by QYRtina on April 28th, 2017 Analyst: Wang Haile Publisher: QYR Research Center Date: 27 Apr, 2017 The report 2017 United States Agriculture Equipment Market Status and Future Trend published by QYR Research Center shows that U.S. agricultural equipment exports will continue to decline in 2017-18 in the absence of major increases in global agricultural commodity prices. Such increases are unlikely. High interest rates in markets such as Brazil and South Africa will further constrain the recovery of U.S. exports. Low interest rates in others, especially the Eurozone, may mitigate somewhat the effects of low agricultural commodity prices. Weak local currencies relative to the U.S. dollar will also remain a barrier to exports of U.S. agricultural equipment. Low petroleum prices, if they continue, will hold down farmers’ production costs, while restraining economic growth and demand for imported foodstuffs in petroleum-producing countries. Table 2016 U.S. Exports at a Glance
Source: QYR Agriculture Equipment Research Center, Apr 2017 This article was first released by QYResearch analyst, if reproduced, please indicate the source. Media Contact: press@qyresearch.com More details about the report: http://qyresearch.com/; sales@qyresearchglobal.com Like it? Share it! More by this author |