are nz farm sales prices up or down

Fert prices begin to ease

Cash-strapped farmers are getting relief through a major drop in the price of key farm input - fertiliser.

Published in General News

Volumes decline, values hold steady

On-farm inflation costs such as fuel, fertiliser and labour are also impacting farm sales.

Recently released data from the Real Estate Institute of New Zealand (REINZ) shows there were 224 fewer farm sales (-48.6%) for the three months ended April 2023, compared to the same period last year.

Published in General News

Co-op offers $1.50/kgMS more in Oz

Fonterra Australia managing director René Dedoncker notes that Australian farmgate pricing for the season ahead remains higher than international commodity values.

A shrinking milk pool in Australia is forcing major processors, including Fonterra, to outbid each other and secure farmer suppliers for the new season.

Published in General News

Strong demand drives positivity

Dairy

Published in Agribusiness

Editorial: Costly livestock export ban

A nationwide ban on live exports by sea is now in place.

OPINION: As the Galloway Express left Port Taranaki last month with cattle for China, it marked the end of livestock export.

Published in Opinion

China's reporting a positive

Rabobank analyst Genevieve Steven says China’s beef consumption is predicted to steadily expand in the coming years.

China's reopening and changes in Chinese consumer behaviour is expected to provide business opportunities for beef exporters but also generate volatility in global markets.

Published in Agribusiness

Rising to the challenge

Dairy Commodity markets start the new year on softer ground and with a weaker tone to linger into New Zealand’s new season. Commodity prices have been losing momentum since the midpoint of 2022.

Published in Agribusiness

Farm prices steady - REINZ

Increased environmental compliance has required greater preparation by sellers and has meant more due diligence by buyers, thus pushing out traditional selling times of farms.

Recent data from the Real Estate Institute of New Zealand (REINZ) shows that the prices of dairy farms could be on the rise.

Published in General News

Ag sector set to weather storm

RCNZ chief executive Andrew Olsen believes contractors and farmers are best placed to weather any recession.

OPINION: Since the end of World War II, New Zealand has had nine recessions.

Published in Opinion

Farmers embrace online bidding

Bill Sweeney says that farmers are now well accustomed to having choice when it comes to selling or buying livestock.

When the door slammed shut on New Zealand in March 2020 it also closed the gate to one of the viability fundamentals of the country’s livestock industry – stock auctions.

Published in Management