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    Machinery

    Registrations still down but peek over five year average

    Matthew TiltBy Matthew TiltNovember 8, 20241 Min Read
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    Just 818 machines were registered in October, according to the Agricultural Engineers Association (AEA). This was an 18.8% reduction compared to the same month in 2023 but was slightly above the five year average, only the second time this has happened in 2024.

    It brings the total for the year to 9,042, which is 15.6% lower than the same period last year, and 12% below the average.

    According to the AEA, the market is being affected by the low level of confidence among farmers, caused by lower prices, high input costs, poor weather and political uncertainty.

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    Matthew Tilt
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    Machinery editor for Farm Contractor & Large Scale Farmer. Matt has worked as an agricultural machinery journalist for five years, following time spent in his family’s Worcestershire contracting business. When he’s not driving or writing about the latest farm equipment, he can be found in his local cinema, or with his headphones in, reading a good book.

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