In Britain the farmers have until recently had a good run of profitable years, and their tractors & machinery are relative new and in good condition. But the BIG problem is shifting large HP 3 year old tractors with huge hours, this is due to the high value of the GB Pound against other currencies and lower demand from European Countries who are going through tough economic times.
CaseIH went through a bad sales time for several years and lost a lot of market share. In past 2-3 years Fiat have been throwing money into their CaseIH dealers to buy back market share. The crazy thing is the identical tractors in NH blue colour are much more expensive than red CaseIH models.
JD is still market leader but there is a back-lash against them with their premium prices and their higher fuel consumption against most competitors.
Kubota have set on more agricultural dealers but their tractors are having serious mechanical & castings problems when fitted with larger sized mounted implements. They have however increased their market share dramatically to Councils and municipal type buyers.
Fendt are enjoying increased sales, although expensive to buy new, they have higher residual values secondhand.
The family livestock farmers have been buying new sub-100HP tractors. These are often older designs with new Tier3 engines, made in Turkey, India and China sold by CaseIH, NH, MF & JD who are looking for cheaper production costs.
With decreasing margins in arable farming due to lower farm-gate prices and rapidly increasing costs of seed, fertilizer, sprays and machinery costs sales are decreasing.
Livestock farmers, especially dairy farmers are in a desperate financial state so they are not going to be buying anything unless absolutely essential.
Official figures for dairy farmers to producing milk are $1.70 US gallon. Currently milk processors are paying the farmers $1.14 per US gallon. The super markets are selling fresh milk at $1.33 for 4 pints!!!
I work on conversion rate of 1 GB Pound {£} = 1.50
We sell tractor parts! We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today. [ About Us ]
Today's Featured Article - Good As New - by Bill Goodwin. In the summer of 1995, my father, Russ Goodwin, and I acquired the 1945 Farmall B that my grandfather used as an overseer on a farm in Waynesboro, Georgia. After my grandfather’s death in 1955, J.P. Rollins, son of the landowner, used the tractor. In the winter 1985, while in his possession the engine block cracked and was unrepairable. He had told my father
... [Read Article]
Latest Ad:
2022 John Deere 5045E, 4wd, front end loader and 3rd function with grapple. 120 hrs, 55k new, must sell
[More Ads]
All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy
TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V.
