Triple dip La Nina to lift farmland prices, but not everywhere
A rare triple dip La Nina will likely drive up competition for farmland in northern Australia, but could inhibit transactions in flood-prone regions.
Source: afr.com
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A rare triple dip La Nina will likely drive up competition for farmland in northern Australia, but could inhibit transactions in flood-prone regions.
In 2021 a total of 10.8 million hectares of Australian farmland was traded for a record-breaking combined value of $15.6 billion.
Farmland values have set a new record following what the Rural Bank has described as “a near perfect mix of ingredients” that combined to drive demand. The bank’s general manager of sales partn
The prices of Australia's farmland have soared by 20 percent in 2021, reaching the highest growth in 27 ...