LOWER THAN NORMAL TRACTOR SALES

For month of August
LOWER THAN NORMAL TRACTOR SALES

According to figures released by the AEA, the number of agricultural tractors being registered in the UK remained lower than normal in August.

At 495 machines, the monthly figure was over 30% lower than for August 2023. It was also less than two-thirds of the average number logged in August over the previous five years.

The Association went on to explain that the total of 7,325 agricultural tractors registered during the year to date was 15% fewer than in the opening eight months of last year and the lowest for four years.

Agricultural economist at the AEA, Stephen Howarth, said of the August figures, "The month typically sees reduced numbers, as farmers are occupied with harvest and related activities. The challenges of the past 12 months, both with the weather and the financial situation for some farm businesses, meant the decline was bigger than usual this year."

aea aug24 graph sml

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