TRACTOR REGISTRATIONS

Figures just released by the AEA confirm that tractor sales for March totalled 1650 units, down 6.8% compared with March 2017. Total registrations for the first three months of 2018 were 2932, 3% down on the same period last year.

Stephen Howarth, AEA economist says "March is normally the peak month for tractor registrations and this year looks to be no exception. However, for the second month in a row, UK registrations of agricultural tractors (over 50hp) were below last year's level. March 2017 was a particularly good month, though, so the fact that this year's total of 1,650 was less than 7% lower could be seen as positive. Nevertheless, total registrations for the first quarter of 2018 were still 3% down on the same period last year..