Tractor sales fall back after ‘robust’ start to year - farmers weekly
Tractor sales fall back after ‘robust’ start to year - farmers weekly"
- Select a language for the TTS:
- UK English Female
- UK English Male
- US English Female
- US English Male
- Australian Female
- Australian Male
- Language selected: (auto detect) - EN
Play all audios:
© Tim Scrivener Tractor sales eased off over the harvest period, ending a run of four months of double-digit growth compared with 2017 sales levels. Tractor registration figures published by
the Agricultural Engineers Association (AEA), the trade body representing tractor and machinery manufacturers, show sales of new tractors larger than 50hp in August were nearly 2% lower
than the previous year at 862 units. However, total sales during the first eight months of 2018 remain 7.7% ahead of last year’s levels at 8,738 units. See also: Fourth month of double-digit
growth in tractor sales AEA agricultural economist Stephen Howarth said new tractor registrations had taken “a breather” during August. “It remains to be seen whether this is a short-term
blip or represents the start of a reversal of fortunes, after the robust growth seen in the first seven months of the year.” Mr Howarth said the pressures of this summer’s drought conditions
may have been a contributory factor in sales falling back. Although many of the tractors registered in August would have been ordered during May – before the full impact of the hot and dry
conditions had been felt – crops were starting to show signs of drought stress at that point. “Or it may just be a case that we’ve had three or four very strong months and the purchasing
for this year has happened. “August is also a busy month for farmers and hence a relatively low month [for sales] anyway. “There is no particular sign that for other types of farm machinery
there has been a slow down during August,” he added. The biggest month for tractor purchases this year was March, when dealers sold 1,650 machines. But the month with the strongest growth in
sales was July, when farmers and contractors bought 1,347 units, compared with 1,091 in July 2017 and 942 in July 2016.
Trending News
12 real, honest-to-god news headlines that will make you go wtf! - scoopwhoopLet’s face it, between anchors that scream their heads off and news stories that count the number of times a celebrity b...
Stories | VA Asheville Health Care | Veterans AffairsStories VA Asheville health care top stories. The Charles George Veteran Affairs (VA) Medical Center hosted its 21st Ann...
Fighting to end the war against womxn while fighting for the rights of sikhsTUESDAY, JULY 28 2015, WAS THE DAY I FINALLY SAW THE INFINITE INTERSECTIONS OF SO MANY OF MY IDENTITIES IN PLAY. _ _ Upd...
Iceland recalls product because they contain milk - check full listThe supermarket chain, Iceland, has issued a recall on one product due to allergy fears. Those who have been shopping in...
Aging playfully: the ‘just do it’ lifestyle | members only accessWhen I was in Yellowstone National Park a few winters ago cross-country skiing, I met Doug. Doug was planning to celebra...
Latests News
Tractor sales fall back after ‘robust’ start to year - farmers weekly© Tim Scrivener Tractor sales eased off over the harvest period, ending a run of four months of double-digit growth comp...
Trouble in aap: party blames bjp in swati maliwal case, kejriwal named in ed chargesheetTaking almost a backseat to this disarray is that Delhi Chief Minister Arvind Kejriwal, presently out on 21-day interim ...
Governor calls for continuous capacity building of teachersAt a meeting held at the Civil Secretariat here, Governor N N Vohra called for continuing capacity building of teachers ...
Katie price exposes nipples after embarassing wardrobe malfunctionThe Loose Women star's nipples were impossible to miss after an embarrassing wardrobe malfunction. The 38-year-old,...
Climate security vs. National securityPhoto by Susanne Miller, courtesy the U.S. Fish and Wildlife Service Get your news from a source that’s not owned and co...