According to figures released by the AEA, the number of agricultural tractors (over 50hp) being registered in the UK remains above last year's level.

In July, 1097 machines were recorded, 13% more than in the same month of 2022.

However, as agricultural economist at the Association, Stephen Howarth explained, "Registrations a year ago were unusually low and the monthly figures have dropped below the seasonal average over the last couple of months."

Stephen continued, "July's figure was 8% below the five-year average for August between 2017 and 2021. Nevertheless, the total of 7,874 machines for the year to date was still 4% above average (and 7% higher than in January to July 2022)."