MARCH SEES MONTH ON MONTH INCREASE In tractor registrations
According to figures released by the AEA, UK registrations of agricultural tractors (over 50hp) followed the typical seasonal pattern, showing a large month-on-month increase in March, which is normally the peak month for registrations.
Stephen Howarth, agricultural economist at the AEA said, "Although not quite reaching the same level as last year, at 1763 machines the total for March 2020 was only 4% lower. This is despite the potential for some deliveries to have been delayed due to the Coronavirus outbreak, although reports suggest this has not been widespread so far.
"The total for the first three months of the year was 8% down on the opening quarter of 2019, with 2,815 units registered."