On the 20th and 21st of November, just three weeks after the Labour Party budget, the Midlands Machinery Show will take place at Newark Showground.
Tax rises and funding cuts are expected to compound an already challenging year for farming, however, machinery dealers state that customers simply want some clarity so that they can move forward.
Chandlers Farm Equipment will be at the event and believes that many have postponed purchases until after the budget.
“We’ve had a few people say they’re going to hold off on big purchases until after the budget,” says Rob Immink, director of sales.
“They want that clarity – most will probably end up making those purchases anyway because they’ve identified a need for them, but they want to make the final decision when there aren’t as many unknowns.
“By the time the Midlands Machinery Show takes place, everyone will know where they stand and will have an expectation of what the future will look like. That will instil more confidence in the sector.”
Despite market uncertainty and a continued downward trend in tractor registrations this year, the Midlands Machinery Show is reporting strong support from exhibitors, with more than 200 stands booked.
Events and development manager, Elizabeth Halsall, said: “This will be the tenth Midlands Machinery Show and over the years we have seen farming’s highs and lows. What always comes through is the resilience in the agricultural community.
“When farm businesses come up against challenges they need the innovation and the technology developed by suppliers to help them become more efficient and profitable, and our show is a great platform to explore options and do business.
“Among our exhibitors are firms such as Brown & Co and Wilkin Chapman who can also help digest and evaluate what the budget will mean for farm business from their respective points of expertise.”
For more information and to book tickets, go to www.midlandsmachineryshow.com