Used tractor registrations on the decline
Figures released by The Farm Tractor & Machinery Trade Association (FTMTA) show that used tractor registrations are down 45.3% for the year to date, with just 925 second hand tractors registered in the first four months of 2022, as compared to 1,691 units in the same period in 2021. This marks a steep decline in used tractor registrations for the year to date. Recent FTMTA statistics also indicate that new…