Farming News - Tractor registrations fell in October
Tractor registrations fell in October
Month : 671 Units -13.0% change (compared with October 2019)
Year to Date: 8,541 Units -21.6% change (compared with January-October 2019)
UK agricultural tractor registrations (over 50hp) fell back below last year's level in October. At 671 machines, the monthly total was 100 lower than in October 2019, a decline of 13% in percentage terms.
That was a smaller fall than those recorded during between April and July but suggests the market remains subdued, with the uncertain climate perhaps affecting farmers' willingness to invest.
Registrations for the year to date are 22% lower than by the same point last year and the annual total could fall below 10,000 machines for the first time since 1998.