Springtime is said to be the best time of year to put your farm on the property market, and those across the real estate sector are feeling optimistic about the way the market is heading with rising milk payouts, and more interest from investors back into the dairy sector. After a tough couple of years, it looks like confidence and capital are building – so could it be a good time to look at buying land?

Guests include:
Bruce Weir, General Manager of Country Banking, Rabobank
Conrad Wilkshire, General Manager - Rural, Property Brokers 
Craig Bates, Otago/Southland Sales Manager, PGG Wrightson Real Estate

Hosts:
Sheryl Haitana, Editor, Dairy Exporter
Anne Lee, Deputy Editor, Dairy Exporter

Rabobanks General Manager of Country Banking Bruce Weir says in their latest Rural Confidence Survey 26% of farmers surveyed were looking to expand their farm business. He says at the moment they’re seeing confidence begin to grow after a tough couple of years, and are seeing a lot more diversification of farm systems, into the likes of solar, arable, and agritourism. 

Rural General Manager for Property Brokers Conrad Wilkshire says that while dairy payouts have gone up, turnover of farm sales has gone down – with the lowest year in the past decade being 2019, when the Reserve Bank tightened up access to capital. He says the valuation of land at the moment is low, but that will change over time, and in the past twelve months they’ve had a higher number than usual of farmers buying their first dairy farms. 

Craig Bates says they’ve been getting a steady number of people interested in buying their first dairy farm, or diversifying their current farm with dairy, as well property being sold by those already in the industry. He’s optimistic about the spring season with loan interest rates coming down, and interest from investors increasing. 

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Springtime is said to be the best time of year to put your farm on the property market, and those across the real estate sector are feeling optimistic about the way the market is heading with rising milk payouts, and more interest from investors back into the dairy sector. After a tough couple of years, it looks like confidence and capital are building – so could it be a good time to look at buying land?
Guests include:
<ol>
<li aria-level="1">Bruce Weir, General Manager of Country Banking, <a href="https://www.rabobank.co.nz/">Rabobank</a></li>
<li aria-level="1">Conrad Wilkshire, General Manager - Rural, <a href="https://www.propertybrokers.co.nz/">Property Brokers </a></li>
<li aria-level="1">Craig Bates, Otago/Southland Sales Manager, <a href="https://www.pggwre.co.nz/">PGG Wrightson Real Estate</a></li>
</ol>
Hosts:
<ol>
<li aria-level="1">Sheryl Haitana, Editor, Dairy Exporter</li>
<li aria-level="1">Anne Lee, Deputy Editor, Dairy Exporter</li>
</ol>
Rabobanks General Manager of Country Banking Bruce Weir says in their latest Rural Confidence Survey 26% of farmers surveyed were looking to expand their farm business. He says at the moment they’re seeing confidence begin to grow after a tough couple of years, and are seeing a lot more diversification of farm systems, into the likes of solar, arable, and agritourism. 
Rural General Manager for Property Brokers Conrad Wilkshire says that while dairy payouts have gone up, turnover of farm sales has gone down – with the lowest year in the past decade being 2019, when the Reserve Bank tightened up access to capital. He says the valuation of land at the moment is low, but that will change over time, and in the past twelve months they’ve had a higher number than usual of farmers buying their first dairy farms. 
Craig Bates says they’ve been getting a steady number of people interested in buying their first dairy farm, or diversifying their current farm with dairy, as well property being sold by those already in the industry. He’s optimistic about the spring season with loan interest rates coming down, and interest from investors increasing. 
<a href="https://dairyexporter.co.nz/shop/spring-2024/">Buy the Dairy Exporter Spring Issue here</a>
SUBSCRIBE TO DAIRY EXPORTER  - <a href="https://dairyexporter.co.nz/sign-up/">EMAIL NEWSLETTER (FREE - WEEKLY)</a>
SUBSCRIBE TO DAIRY EXPORTER  - <a href="https://dairyexporter.co.nz/shop/">MAGAZINE ($59/YR FOR 4 JOURNALS)</a>

DAIRY Country is your mainstay in dairy farming as your trusted source for adding value to your dairy farming business with seasonal on farm stories and exclusive technical advice weekly with your host, Anne Lee.

Formally the NZ Dairy Exporter since 1925, DAIRY Country is part of the CountryWide network based in Canterbury, New Zealand.

Get in touch with our Anne Lee - anne@countrywidemedia.co.nz if you have a great insight to share with our
thousands of readers and listeners in New Zealand and around the world.

Don’t miss our weekly episodes of the DAIRY Country Podcast by hitting the subscribe button now and join our DAIRY Country weekly email newsletter to get the latest in-depth stories in your mailbox so you are always ahead of the game in the
business of dairy farming into the future.

DAIRY Country is your mainstay in dairy farming as your trusted source for adding value to your dairy farming business with seasonal on farm stories and exclusive technical advice weekly with your host, Anne Lee.
Formally the NZ Dairy Exporter since 1925, DAIRY Country is part of the CountryWide network based in Canterbury, New Zealand.
Get in touch with our Anne Lee - anne@countrywidemedia.co.nz if you have a great insight to share with our thousands of readers and listeners in New Zealand and around the world.
Don&rsquo;t miss our weekly episodes of the DAIRY Country Podcast by hitting the&nbsp;subscribe button now and <a href="https://dairyexporter.co.nz/sign-up/">join our DAIRY Country weekly email newsletter</a> to get the&nbsp;latest in-depth stories in your mailbox so you are always ahead of the game in the business of dairy farming into the future.