Farm prices hold up; farm investor MyFarm eyeing dairy opportunities

Tue, 15 Sep 2015

By Fiona Rotherham Sept. 15 (BusinessDesk) - Farm prices are holding up well on a drop in volume over the winter months, according to the latest Real Estate Institute of New Zealand rural farm sales data. There were only three dairy farm sales recorded in the past month and the median sales price per hectare for dairy farms for the three months ended August fell to $26,906, compared to $35,304 for the three months ended July and $43,125 for the three months ended August 2014. But the REINZ Dairy Farm Price Index, which adjusts for diff...

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