All day and into the night at massive Grafton store sale
The largest yarding in nearly 40 years put 3292 head through the Grafton selling ring on Thursday. Steers to 400kg comprised 2107 head which sold to an average of 436.8c/kg and $902 (341.8c/kg and $820 last sale), reaching a top of $1698. Heifers to 540kg included 1145 head which averaged 394c/kg and $853 (345c/kg and.
Rural Bank finds 13.5pc Aussie farmland price lift despite drought
Drought and bushfires across Australia have failed to dent a soaring buyer appetite for farmland. In fact, last year the eastern states’ big dry actually helped fuel a 13.5 per cent jump in rural property’s median price. That’s the biggest jump in six years of consecutive farm value growth, and firmly above the 10.7pc lift.
Southern rain sparks purchasing interest, in 20,500 head AuctionsPlus offering
Recent widespread rainfall across regions of Southern & Central New South Wales, Victoria and South Australia stimulated purchases on AuctionsPlus this week, resulting in a dearer market across most stock categories. The most significant increase was achieved by PTIC heifers where category average prices leapt $237 to $1806 this week. Central Western NSW continues to.
Blackall’s Listowel Downs sold after online auction
The highly regarded Blackall property Listowel Downs has sold by negotiation soon after an online auction conducted by Colliers International. While the sale price has not been disclosed, the figure is believed to be in excess of $12.6 million, the top bid at the auction. Bidding opened with the auctioneer on $11.8m. Located 90km south.
Smith’s clean, green Allendale on the market
Warwick producers Sandy and Sally Smith have placed their high quality fine wool growing property Allendale on the market. Located 69km west of Warwick, 112km south west of Toowoomba, and 225km from Brisbane, the property is described as being in easy commuting range for a country lifestyle. The property comprises a total area of 3818.
Rural property values to hold firm in pandemic year
Driven by global food demand, favourable growing conditions and a low Australian dollar, rural property values are expected to hold firm in 2020 despite the threat COVID-19 poses to global supply chains. “The outlook for the Australia agribusiness sector is positive and supported by a growing worldwide population, the more affordable nature of Australian land.
Sharp rise in post-Easter AuctionsPlus offering
Cattle numbers rose this week back to pre-Easter levels to 23,854 head listed, an increase of 9643 head. While still about 7000 head short of the all-time AuctionsPlus record offering set back on March 21, the offering still ranks in the top half-dozen of all time. Prices in most stock categories remained firm with a.
Growers already well into sowing programs after general rain
Anzac day is upon us and with it comes the traditional commencement of the 2020/21 sowing window. However, the general and mostly generous rains throughout NSW over the months of March and April have presented conditions simply too good to wait for the green light normally heralded by April 25 and many growers are well.