Unit sales of tractors in the U.K. last year rose 10.1% over 2007, according to the Agricultural Engineers Assn. (AEA), making it the industry’s best year since 1996. On average, the horsepower of the tractors has also risen significantly during the same period, as has their costs.
The AEA reports that total units sales in 2008 were 17,104 tractors. Twelve years earlier, industry sales of all tractors were 18,395 units. According to Farmers Weekly…
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In this episode of On the Record, brought to you by Associated Equipment Distributors, we look at AGCO’s plans for its precision business and its 2029 targets. In the Technology Corner, Noah Newman talks with Eis Implement’s precision team. Also in this episode, the interest savings dealers could see with the latest rate cut by the Fed and a look at the used 100+ horsepower tractor market.
