MARCH TRACTOR SALES DOWN ON LAST YEAR

According to figures released by the AEA, the number of agricultural tractors (over 50hp) registered in the UK in March was 1,939.  

Agricultural economist at the Association, Stephen Howarth, said of the figure, "That is 13% lower than the exceptionally high figure recorded in March 2023 but is 4% above the average for the time of year in the previous five years."

He continued, "That means that, although the total of 2,891 machines for the year to date is 14% lower than in the opening three months of last year, it is only 5% down on the average for January to March in recent years."

Stephen concluded, saying, "The latest figures suggest that, while demand is clearly not as strong as it was in the previous couple of years, there are still plenty of buyers out there for tractors."