Tractor registrations slow down

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The AEA report anticipated UK registrations of agricultural tractors over 50hp showed down in February 2018 relative to the same month last year.

At 584 units, the number registered was nearly 6% down year on year and represented the lowest monthly total since December 2016. Nevertheless, the monthly total was still higher than in February 2016, following good growth this time last year.

The number of tractors registered in the first two months of the year remained 2% higher than a year before.

Stephen Howarth, Agricultural Economist at the AEA said, “The monthly total was still higher than in February 2016, following good growth this time last year. The number of tractors registered in the first two months of the year remained 2% higher than a year before.”

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