Bernd Scherer Agricultural Machinery Page World Tendencies in the Agricultural Machinery Industry First Agricultural Machinery Russian Dealer‘s Day in Russia 4th March 2010, Moscow Bernd Scherer Managing Director VDMA Agricultural Machinery

Bernd Scherer Agricultural Machinery Page Development of sales in global engineering branch real variation compared to previous year in % Source: National Associations, VDMA Italy Sweden Switzerland Germany Austria Norway Western Europe Spain Netherlands Belgium Great Britain US Denmark France Finland Japan China Forecast 2010 Estimation 2009

Bernd Scherer Agricultural Machinery Page German machinery exports 20 high-range sales markets Jan -Nov 2009; nominal variation compared to previous year in % Source: Federal Statistical Office, VDMA Russia Spain Sweden Czech Republic Italy Poland US Denmark France Turkey Great Britain Japan Brazil India Netherlands Belgium Austria Switzerland Republic of Korea China In total: -24,4 %

Bernd Scherer Agricultural Machinery Page Global economic climate and incoming orders in engineering industry *) Rate of change compared to the previous month of seasonally adjusted and smoothed indexes of incoming orders Index Global economic climate % Source: ifo-Institut, VDMA Incoming orders* Global economic climate

Bernd Scherer Agricultural Machinery Page Impact of crisis on agriculture

Bernd Scherer Agricultural Machinery Page Agrarian Markets (1): Cereals and Oilseeds Rapeseed Wheat

Bernd Scherer Agricultural Machinery Page Declining Income in the Past Two Years (1)

Bernd Scherer Agricultural Machinery Page Declining Income in the Past Two Years (2)

Bernd Scherer Agricultural Machinery Page Source: Freedonia, VDMA, Expert Interviews, Oliver Wyman Analysis

Bernd Scherer Agricultural Machinery Page

Bernd Scherer Agricultural Machinery Page Development of the Main European Agricultural Machinery Markets

Bernd Scherer Agricultural Machinery Page Development of the Export Business - Main Markets for the German Industry Outside the EU -33% +1% +6%+2% -62% -67%

Bernd Scherer Agricultural Machinery Page German Agricultural Machinery Industry

Bernd Scherer Agricultural Machinery Page Economic Climate in Agriculture: Recent Recovery

Bernd Scherer Agricultural Machinery Page CEMA Business Barometer: Different Turnover Expectations within the Branch

Bernd Scherer Agricultural Machinery Page CEMA Business Barometer: When does the upswing come?

Bernd Scherer Agricultural Machinery Page Source: OECD, 2009

Bernd Scherer Agricultural Machinery Page Source: Rabobank based on FAO/Freedonia

Bernd Scherer Agricultural Machinery Page Thank you very much for your attention Bernd Scherer VDMA Agricultural Machinery Phone +49 (0)