Farm prices down 21.6%

Median farm prices fell sharply year-on-year to the end of July but the overall index is firmer after taking farm types, sizes and location into account.

Signs good for spring market

Tougher rules on overseas investment in farms look to be having an impact on sales while the industry waits to see how Mycoplasma bovis affects the market in the spring.

Farm sales quiet but resilient

The rural real estate market remained resilient through the quiet June trading period, especially for drystock farms even though prices were lower overall.