Strong tractor sales continue

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The AEA (Agricultural Engineers Association) has released figures that show sales of new tractors over 50hp was 23% higher in July 2018 than July 2017.

This is the fourth month in a row that sales have increased which puts the total sales for 2018 at 7,876 tractors, more than 600 more than the first seven months of 2017.

Stephen Howarth, agricultural economist at the AEA said the July 2018 figures are the highest percentage growth of the year to date.

He added, “Furthermore registrations over the 12 months ending in July were the highest for any 12 month period since October 2013 – September 2014.”

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