Low growth for agricultural land

Growth of agricultural land values is forecast to stagnate, but we’re being told it’s not a bad thing.

Nationally median agriculture land prices had risen by nearly 9 percent per year, between 2014 and 2019.

A Rabobank report highlights prices for properties in reliable rainfall areas are likely to remain strong.

Rural editor Eddie Summerfield spoke with Agricultural Analyst Wes Lefroy

Listen to the full interview above or Subscribe to the National Rural News podcast: http://bit.ly/RuralNewsPodcast