SIGNS OF RECOVERY
For tractor registrations in June
 
Tractor registrations showed signs of recovery in June

According to figures released by the AEA UK agricultural tractor registrations (over 50hp) showed some signs of recovery in June, although they remained below the level seen last year.

 

At 932 machines, the monthly total was 15% down year on year but that is a much smaller decline than those seen in April and May.

 

"This is likely to be partly due to an easing of the impact of Covid-19 on delivery times as factories across Europe were generally back and running, albeit sometimes at reduced capacity," said Stephen Howarth, agricultural economist at the AEA.

 

"The effect of the virus, along with other factors negatively impacting on demand for tractors, such as the weather and political uncertainty, can be seen in total registrations for the first half of the year, which were down by almost a quarter, at 5,195 units," Stephen contined. "That means around 1,700 fewer tractors were registered this year, compared with the first half of 2019."

 

 

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