Cheffins reported more than £15.1m in sales of second-hand machinery during the third quarter of 2026, through its monthly auctions at its base near Ely as well as vintage auctions and on-farm sales across the UK.

The figure marks a 34pc drop from the previous quarter.

Cheffins noted that the third quarter is traditionally the quietest part of its year, as many farmers are focused on harvest rather than buying equipment.

However, this year’s seasonal slowdown has been amplified by uncertainty ahead of the Autumn Budget and broader financial pressures facing the industry.

Oliver........

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