FTMTA News 10th August 2017

Upturn In Tractor Registrations    

Tractors

Since the introduction of the split year for motor vehicle registration purposes in 2013, the month of July has assumed as great a significance in relation to tractor registrations as it has for car registrations and is now second only to the key month of January in terms of registrations of new tractors. The latest figures from FTMTA in relation to registrations of new tractors during this July have been much awaited by observers of the trade given the reduced level of registrations during the first half of the year which saw a drop of 13% as against the same period of 2016.  July has brought some relief, while not offsetting the decreased market of the first six months, and saw 238 units registered which is, as expected, the second highest level of monthly registrations after January. Perhaps more importantly, the July registrations were only 2% down on July 2016 whereas January’s were some 15% down year on year. Hopefully, July’s performance is an indication of returning confidence on the behalf of customers, probably driven mainly by a resurgent dairy sector. It is to be hoped that this confidence will continue to manifest itself in the remaining months of the year in terms of orders for delivery during the early months of 2018. It is worth bearing in mind that even the full market experienced in 2016 of 1,876 units is less than 40% of that seen at the height of the pre-recession years. This much reduced market presents many difficulties to those businesses operating within it.                                                                                   

A total of 1,406 new tractors have been registered during the first seven months of this year and while that is some 11% less than in the corresponding period of last years the rolling year on year percentage reduction in registrations is now at the lowest level seen all year. As normal, Cork continues to be the county with the highest level of registrations during the year to date with 174 units and is followed by Tipperary with 120 units. Wexford and Galway show nearly identical levels with 88 and 86 tractors registered respectively. Clare has the fifth highest level of registrations during the period under review with 75 units.

Teleporters, backhoe loaders and wheeled loaders all continue to show improvements in registrations when compared to the first seven months of 2016. Teleporters are up slightly at 216 units versus 209 last year. Backhoe loaders are also up slightly at 34 versus 31 units. Wheeled loaders have performed strongly with 68 units registered which is an significant increase of 16 units on the same period last year.

Be a part of a stronger, professional, farm machinery industry – join the Farm Tractor and Machinery Trade Association – contact FTMTA at 045 409309 or membership@ftmta.ie for details.

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FTMTA News 1st August 2017

FTMTA Farm Machinery Trade Auction

The FTMTA Farm Machinery Trade Auction to be held in conjunction with Paul Cooke Auctions continues to attract strong support from the membership of the Association. The unreserved auction will take place at Punchestown Event Centre on Saturday, September 30th, and will consist of lots from FTMTA member firms only including whole goods, parts and accessories. All FTMTA member firms, be they retail dealers, manufacturers or distributors, can enter machines to the auction. At this point, hundreds of lots have already been consigned to the auction including tractors, trailers, balers and wrappers, cultivation equipment of all types, combine harvesters, foragers, slurry spreaders, mowers, rakes, tedders, teleporters, loaders and much more. It is clear that there will be an impressive and varied range of lots for sale at the auction.

The auction is fully open to the public and bidding will be registered bidders only whether in person, online, by telephone or by proxy. Viewing will be possible on Thursday and Friday, September 28th and 29th, from 10am to 5pm on both days and also on the morning of the auction. Selling will take place in two rings with a drive through ring for tractors and self propelled machinery and a second for implements and other stationary lots such as parts. Sales will commence at 11am.

Many of the lots entered thus far can be viewed at www.paulcookeauctions.com with hundreds more to be added in the coming days. Member firms of the FTMTA can obtain further information about the auction by contacting the Association’s offices at 045 409309 or at membership@ftmta.ie .

Paul Cooke

 

Be a part of a stronger, professional, farm machinery industry – join the Farm Tractor and Machinery Trade Association – contact FTMTA at 045 409309 or membership@ftmta.ie for details.

 

 

 

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FTMTA News 24th July 2017

FTMTA Welcomes New Members

The July meeting of the FTMTA Executive Council was pleased to admit a further three firms to membership of the Association.

Murphy AGRI Machinery Ltd., trading as Murphys of Headford, of Horsevalley, Headford, Co. Galway is well known main dealer for Deutz-Fahr and a number of other machinery ranges including Tanco, MX and Sip among others. The Murphy family are heavily involved in the business with father John, son Trevor, and nephew / cousin Cathal. The business can be contacted at 093 36095 and the website can be found at www.murphyagrimachinery.ie .

New member

Pat Timmins Tractors of Killinure House, Tullow is a long established business primarily involved in the import and sale of seconh hand New Holland and Ford tractors for over 40 years. The business is led by father Pat and son Karl and can be contacted on 059 9156125 while the website can be found at www.timmins-tractors.ie .

New member.2

Kehoe Brothers Machinery Ltd. is a well established dealership based in Ballydaniel, Camolin, Enniscorthy, Co. Wexford with a branch in Tullow Industrial Estate, Bunclody Road, Tullow, Co. Carlow. The business, led by brothers Denis, Laurence and Joseph, was founded in 1984 and is a main dealer for Manitou, Fendt, Massey Ferguson, Abbey, Krone, Amazone and Quicke. The Camolin head office can be contacted on 053 9383255 and the website is at www.kehoebros.ie .

New member 3

These three firms are the latest in a significant number of new members recruited by the Association in recent months. The growing membership of FTMTA will greatly assist the Association in delivering on its mission of promoting the highest standards of professionalism in the farm machinery industry in a manner that delivers a viable machinery industry into the future for the benefit of trade and customer alike.

Be a part of a stronger, professional, farm machinery industry – join the Farm Tractor and Machinery Trade Association – contact FTMTA at 045 409309 or membership@ftmta.ie for details.

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FTMTA News 13th July 2017

FTMTA Farm Machinery Trade AuctionAuction

The first ever FTMTA Farm Machinery Trade Auction continues to receive a very positive reaction from members of the Association. The FTMTA Farm Machinery Trade Auction will be held, in conjunction with well known auctioneering firm Paul Cooke Auctions,           at Punchestown Event Centre on Saturday, September 30th.

Numerous lots have already been entered to the auction by FTMTA members across the country. Among the many quality lots entered and certain to attract strong interest from machinery buyers at home and also overseas are tractors, combines, self propelled silage harvesters, tillage implements, grass implements and construction equipment.  The auction will facilitate the sales of lots coming from FTMTA member firms only and lots from other sources will not be considered.

Viewing will be open at Punchestown on the two days prior to the auction, Thursday and Friday, September 28th and 29th. Full details, including photographs, of most lots will be available on line at www.paulcookeauctions.com in advance of the auction. Bidding will be possible onsite, online or through a pre bid service. To bid at the auction, potential buyers must first place a bidding deposit with the auctioneers and this is fully refundable in the event of not making a purchase.

FTMTA members can receive further information in relation to the auction from the FTMTA office on 045 409309 or at info@ftmta.ie.

Be a part of a stronger, professional, farm machinery industry – join the Farm Tractor and Machinery Trade Association – contact FTMTA at 045 409309 or membership@ftmta.ie for details.

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FTMTA News 10th July 2017

FTMTA ProDealer Credit Policy

In the midst of the busiest months of the year for mechanised activity on Irish farms and consequently a very busy time in farm machinery businesses, it is an opportune time for FTMTA member firms to consider implementation of the FTMTA ProDealer Credit Policy. The policy was designed a number of years ago to improve the cash flow position in the farm machinery industry by tackling the long standing issues around credit in the sector.

The viability and sustainability of the farm machinery sector overall and of many individual businesses within the sector is undermined by inadequate control of credit. Many dealerships have levels of outstanding debtors that are totally disproportionate to their turnover. As well as the amount owned there is a substantial problem with the age of some of the debt. Such a situation, in the long term, benefits neither supplier or customer.  FTMTA believe that it is in the interests of our members’ customers that a viable, local, farm machinery industry continues to exist to deliver the support that they require within their farming businesses. The level of support required by modern farm machinery can only be provided by well funded, professional, farm machinery farm machinery businesses and credit management has a role to play in this.

The Association calculated some years ago that it was costing many dealerships up to 20% of the book value of their debtors to collect the money owed. This was made up of staff costs, cost of money and write downs. It seems unlikely that any sector can sustain such a cost and the farm machinery trade certainly cannot. The sector is one of extremely tight margins and much reduced credit from suppliers at the wholesale level in comparison to that enjoyed in years gone by.

The bench mark figure to gauge the health of the farm machinery sector has traditionally been the registrations of new tractors. A look at the current numbers gives an indication of how challenging a business environment the farm machinery sector is to operate in. The registrations of tractors fell some 13% in the first five months of the year when compared to 2017 and is slightly less than one third of the level of registrations in the same period of 2008, the last year prior to the downturn.

Credit can be an important aspect of any business relationship and the FTMTA ProDealer Credit Policy very much allows for the provision of credit but on an agreed and controlled basis to benefit of both parties.

FTMTA member firms should contact the FTMTA office to receive their copy of the full FTMTA ProDealer Credit Policy which will be issued by post.

Be a part of a stronger, professional, farm machinery industry – join the Farm Tractor and Machinery Trade Association – contact FTMTA at 045 409309 or membership@ftmta.ie for details.

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FTMTA News 30th June 2017

FTMTA Farm Machinery Trade Auction

Auction 3

The FTMTA Farm Machinery Trade Auction announced last week has received a lot of interest. The auction, to be held in conjunction with well known auctioneering firm Paul Cooke Auctions, will take place at Punchestown Event Centre on Saturday, September 30th. It must be reiterated that this auction will facilitate the sales of lots coming from FTMTA member firms only and lots from other sources will not be considered.

Viewing will be open at Punchestown, the long time home of the biennial FTMTA Farm Machinery Show, on the two days prior to the auction, Thursday and Friday, September 28th and 29th. Full details, including photographs, of most lots will be available on line at www.paulcookeauctions.com in advance of the auction. Bidding will be possible onsite, online or through a pre bid service.

FTMTA members have received information about the auction in recent days and further information is available from the FTMTA office on 045 409309 or at info@ftmta.ie.

Be a part of a stronger, professional, farm machinery industry – join the Farm Tractor and Machinery Trade Association – contact FTMTA at 045 409309 or membership@ftmta.ie for details.

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FTMTA News 26th June 2017

FTMTA Welcomes New Members

The June meeting of the FTMTA Executive Council was pleased to admit a further three firms to membership of the Association.

Pat Brogan Tractors Ltd. is a family owned, farm machinery business established in 1986 and based in Stokestown, Co. Roscommon.  The firm is a well known second hand tractor dealership and is also a dealer for Landini tractors and a wide range of machinery including the Bellon range of mowers. The business has fully stocked and equipped stores and workshop departments. Pat Brogan Tractors can be contacted at 086 8201285 and the website can be found at www.patbrogantractors.com .

Pat Brogan

AgriArgo UK Ltd. is the distributor of the McCormick, Landini and Valpadana ranges of tractors and Pegoraro power harrows in the UK and Ireland. The company has recently been appointed as the Landini and McCormich distributor in Ireland and has recruited Will Doyle as the area sales manager for Ireland. The company is based in Doncaster in England and the website can be viewed at www.agriargouk.com .

Agriargo

Finance Ireland Leasing is a relatively new entrant in the agricultural machinery finance market having exhibited at this year’s FTMTA Farm Machinery Show in Punchestown. The parent company was established in 2002 and the website can be found at www.financeireland.ie. The business works with dealers and retailers supplying finance solutions to support sales and has a national network of sales personnel including Sean O’Meara who is known to many in the trade from his previous service with another provider.

Finace ireland

Be a part of a stronger, professional, farm machinery industry – join the Farm Tractor and Machinery Trade Association – contact FTMTA at 045 409309 or membership@ftmta.ie for details.

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FTMTA News 20th June 2017

FTMTA Farm Machinery Trade Auction

Auction 2

The FTMTA has this week announced a new departure for the Association and the wider farm machinery trade. The Association, in conjunction with well known auctioneering firm Paul Cooke Auctions, will hold a first auction of stock from FTMTA member firms only at Punchestown Event Centre on Saturday, September 30th. This will be a national auction of machines and parts and will accept lots from all FTMTA member firms including retail dealers, manufacturers and distributors. As an auction promoted by the representative body of the Irish farm machinery trade, this event is sure to attract a high number of quality lots from farm machinery businesses across the country and this, in turn, is sure to attract a good level of interest from potential purchasers both at home and abroad.

Paul Cooke Auctions is based in Naas and has a growing reputation as an auctioneer dealing with farm machinery and plant equipment among other products. The Association is pleased to partner with the team at Paul Cooke Auctions in the introduction of this innovative service for FTMTA member firms. Furthermore the Association believes that the Punchestown site is the ideal venue for such a national event and will also be very accessible for international buyers and transport.

Viewing will be open at Punchestown, the long time home of the biennial FTMTA Farm Machinery Show, on the two days prior to the auction, Thursday and Friday, September 28th and 29th. In what is sure to be an attractive feature of the event, tractors and self propelled lots, will be sold in a drive – through auction to be held in the main event centre building. Bidding will be possible onsite, online or through a pre bid service.

FTMTA members have received information about the auction in recent days and further information is available from the FTMTA office on 045 409309 or at info@ftmta.ie.

Be a part of a stronger, professional, farm machinery industry – join the Farm Tractor and Machinery Trade Association – contact FTMTA at 045 409309 or membership@ftmta.ie for details.

 

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FTMTA News 13th June 2017

May Tractor Registrations

The figures for new tractor registrations during May issued this week by FTMTA continue to illustrate what has been a challenging year thus far for sales of new tractors. May saw 199 new units registered as against 225 machines in the same month of 2016. The total level of registrations during the first five months stands at 1,102 tractors which a drop of some 13% year on year. As mentioned previously in this column, July has become a very important month for tractors registrations since the introduction of the split year for vehicle registration purposes in 2013 and close attention will be paid to the performance of tractor registrations in the coming July.

Slightly over 87% of all new tractor registrations during the first five months of the year have been of machines with greater than 100 hp and 53% were of units with more than 120 hp. Nearly 25% of all tractors registered during the period were machines with in excess of 150 hp.  The five counties with the most registrations for the year to date remained unchanged at the end of May: Cork, Tipperary, Wexford,  Galway and Kilkenny have seen 144, 104, 74, 64 and 60 units registered respectively which between them account for just over 40% of total registrations.

The telehandler market continues its recent strong performance with 27 units registered in May which is a substantial increase on the 16 units in May of 2016.  The total  number of telehandlers registered during the first five months is 166 units which is an 8.50% increase year on year.  Backhoe loaders have also seen a significant improvement with 26 units registered during the period under review as against 20 in the same months of 2016. May is traditionally a month with higher levels of registrations of wheeled loaders, no doubt driven by silage pit activity, and this year is no exception with 28 units registered last month bringing the total for the first five months to 49 units as against 43 machines year on year. Cork and Tipperary have seen levels of 10 and 8 respectively of these machines registered thus far.

Be a part of a stronger, professional, farm machinery industry – join the Farm Tractor and Machinery Trade Association – contact FTMTA at 045 409309 or membership@ftmta.ie for details.

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FTMTA News 31st May 2017

Date Announced For FTMTA GRASS & MUCK 2018

The very popular FTMTA Grass & Muck event will return to the popular Gurteen College site near Birr on Thursday, May 17th, 2018.  FTMTA Chief Executive, Gary Ryan stated that the Association is delighted to once again make use of the excellent facilities and central location of Gurteen College which has proven to be a such successful site for this event since it was first held in 2010.

Grass & Muck Logo

From the first such occasion which drew an attendance of 7,5000 through to last year’s event which attracted nearly 11,000 visitors , FTMTA Grass & Muck has developed to become a regular biennial showcase run by the Farm Tractor & Machinery Trade Association on alternate years to the FTMTA Farm Machinery Show at Punchestown. Both FTMTA organised public machinery events are run in accordance with the ethos of “organised by the trade for the farmer and contractor”. FTMTA Grass & Muck was put in place by the Association from the outset as Ireland’s national grassland technology event and has proven very popular with the trade’s farming and contracting customers as well as with exhibitors. FTMTA Grass & Muck has progressed on each occasion that it is held and is now a flagship event for the Irish farm machinery industry

Grass & Muck 2016 008

Grassland management is the largest user by far of agricultural mechanisation in Ireland with silage making and slurry spreading remaining as the two most heavily mechanised activities in Irish farming. FTMTA Grass & Muck provides the farm machinery buyer with a unique opportunity to view the very latest developments in the various grass machinery technologies in a working setting. The proven and very popular format of ongoing demonstrations throughout the day in the grass, reseeding, silage pit, slurry spreading and farm yard manure spreading areas will be continued in 2018 as well as a large area of trade stands in the trade village.

Grass & Muck 2016 026

FTMTA is pleased to announce that it will be possible to provide another 15 acres of grass working plots at next year’s event bringing the total grass demo area to nearly 100 acres. It will also be possible to increase the size of the trade village area significantly. It is intended that exhibitors will showcase a wide range of products from many brands of tractors, farm machinery and accessories to animal care products, seeds and agro chemicals. In keeping with the FTMTA ethos for both Grass & Muck and the FTMTA Farm Machinery Show , only stands from genuinely agricultural focused businesses will be excepted.

Grass & Muck 2016 123 - Copy

Full details will be issued to prospective exhibitors in mid autumn. Any firm which is interested in exhibiting for the first time at the event can register their interest in advance by contacting the FTMTA office on 045 409309 or at admin@ftmta.ie .

Be a part of a stronger, professional, farm machinery industry – join the Farm Tractor and Machinery Trade Association – contact FTMTA at 045 409309 or membership@ftmta.ie for details.

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