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
Jonathan majors’ former girlfriend granted full temporary order of protectionby CEDRIC 'BIG CED' THORNTON April 28, 2023 ------------------------- In the latest development of the domesti...
James bond: sam heughan suffers massive blow in race to replace craigJames Bond fans will be introduced to a brand new 007 actor when Daniel Craig exits the role after 14 years. The franchi...
United Network TVUnited Network TV This site is no longer available here. If you have questions, please reach out to our support team by ...
Cathode region of a vapour arcABSTRACT THE total potential across a short arc discharge is normally a few tens of volts, and the cathode and anode fal...
Aarp vital voices research, 2025-2027AARP VITAL VOICES RESEARCH enables AARP state offices to gauge local opinions on a range of topics through regular surve...
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...
Senior Judicial Appointments - GOV.UKPress release SENIOR JUDICIAL APPOINTMENTS The Queen has been pleased to approve the appointment of the Right Honourable...
How teams are adjusting to remote workMemorial Day Sale! Join AARP for just $11 per year with a 5-year membership Join now and get a FREE gift. Expires 6/4 G...
F1 news: ross brawn hints friday practice could be scrappedLiberty Media completed their takeover of the sport before the beginning of the current season and have been working har...
Gps-based highway toll collection system to be introduced by march 2024, says nitin gadkariTHE UNION MINISTER INFORMED THAT THE AVERAGE WAITING TIME AT TOLL PLAZAS IN 2020-21 AND 2021-22 REDUCED IN COMPARISON TO...