The latest pastoral report shows that land prices continue to climb, driven by commodity prices and strong carbon market. Under the impact of high commodity prices and large scale operation potentials, fattening and dairy are among the most productive land classes. Buyers place attention on compliance due to environmental standards.
The latest horticulture report shows whilst maturing production and sound Orchard Gate Returns (OGR) have built confidence in the market in recent years, fruit quality and pack out yields have presented challenges in the last two seasons for growers. Lower comparative OGR and cost inflation have also reduced returns.
The latest viticulture report shows the market remains primarily focused on securing supply of Sauvignon Blanc grapes. Given global consumer demand has continued to outstrip supply, with this year’s yield volume said to be “about average”, quality is expected to provide for one of the best vintages in recent years. Production capacity remains a key driver of value.