The tractor sales industry has performed well this year in Ireland. At this stage, with two months of sales still to come in, there are five extra units sold compared with last year’s total sales. The historical data on sales in November and December suggests that another 55 tractors could be sold this year.

The sales in Ireland are certainly bucking the trend over the rest of the world, where sales and outlook are not as good. AGCO and CNH recently predicted tough times ahead for their sales in high-horsepower tractors and combines.

The trend towards increasing horsepower in Ireland is continuing, with 63% of all tractors sold in the 101hp to 150hp power band. The production of tidy four-cylinder models, with power-boosted engines dominates this class. It is now difficult to find a six-cylinder model under 150hp. The sale of tractors over 200hp is still relatively rare in this country, accounting for only 3.2% of the market. Tractor sales in the 71hp to 100hp category account for just 15% of total year-to-date sales.

It’s clear from discussion with the main dealers and manufacturers that providing a financial solution for customers is a vital sales tool. Page 17 of this supplement looks at the finance options available in Ireland. The majority of new tractor sales are bought on asset finance.

Looking at the most popular models sold by some of the manufacturers so far this year, Ireland’s most sought-after John Deere is the 6115. Massey Ferguson’s four-cylinder 5612 is on top for its Irish sales. The New Holland T7.200, a six-cylinder tractor, is just ahead of its T6.140 model in the Irish market this year. Zetor has indicated that the Major 80 is still its top performer, with Irish farmers remaining loyal. The figures come as no surprise as the power offered by these tractors is more than adequate for the bulk of work on Irish farms.

Last year, the Massey Ferguson 5455 was top of the pile. It sold more units than any other tractor model in 2013, and the company had good deals available ahead of the arrival of the 5600 series.

Looking to the future, tractor sales for 2015 should remain steady, if the current farming markets prevail. A boost in returns from arable and drystock farmers should increase that potential.

Finally, a quick word on safety. Take some time to examine your tractor and look out for any potential hazards that could lead to an accident. The mindset is that it will never happen to me, but it is happening on an all-too-regular basis this year.