More cattle farms are interested in purchasing a new tractor in 2017. The desire to purchase a second-hand tractor is also increasing. This is evident from the Cattle Scanner 2017.
In the months of May to July, more than 13.000 cattle farms were approached with questions about their future and their investment plans. The Cattle Scanner was created on that basis.
Downtrend broken
From 2014, the percentage of cattle farmers who wanted to invest in a new tractor was decreasing. This trend has now been broken. The survey shows that 3,2% of companies are interested in purchasing a new tractor. The percentage has doubled compared to 2016, when only 1,5% were interested in buying a new tractor.
The same research shows that the interest in purchasing a second-hand tractor increases from 2% to 3,8%. This number has also been declining since 2014. The trend should be logical, because the economy has improved considerably this year.
Text continues below table.The increasing percentage of cattle farmers that want to invest in a (new) tractor.
Large companies highest increase
The largest increase in investment plans can be seen in farms with more than 100 cows. The plans there rose from 2% in 2016 to 4,1% in 2017. The desire for second-hand tractors rose the fastest among farms with more than 70 cows. It rose from 2% to 3,9%.
The desire grows fastest among the larger cattle farms.
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