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As a company, Property Brokers has stood back from the debate on forestry, carbon, and pastoral farming; when it comes to selling rural real estate, it always pays to stay on task with the job at hand.

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As we round into the winter months, there are some valuable reflections from the current season and what might inform the following season for pastoral hill country.

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Confidence in the dairy industry continues, even with all the current global uncertainty. Typically, high international dairy commodity prices are a precursor for increased international milk supply; however, the significant forward pricing for grain and associated inputs appear to be dampening most global milk supply forecasts.

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2021 was a record year for Hill Country property sales, with the median price equalling $10,300/ha to the end of December on the rolling 12-month average for 200 ha+ properties.

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2021 was a record year for large sheep and beef sales, with the highest median price per hectare equalling $10,300/ha for properties 200 hectares or more in size on a rolling 12-month average to 31 December 2021. This is up by 30% on 2020, representing the most significant year-on-year increase in 20 years.

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2021 was a bumper year by all accounts. December was Property Brokers’ strongest ever month with 51 rural sales equalling $233m, and just under a billion dollars of rural farm sales for 2021, equating to 50,000 ha’s of rural land throughout heartland New Zealand.

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