Overshot and Undershot: Unlocking Opportunities to Buy Australian Cropping Land
A significant decline in the number of properties on the market, and increased demand from family farms and corporate investors, have made it harder for prospective buyers to purchase the right property at the right price. Complicating this challenge is the heterogeneity of regional land markets across Australia, according to Rabobank’s report ‘Overshot and Undershot: Unlocking Opportunities to Buy Australian Cropping Land.’
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“With these developments in mind, we see the reasons for interregional purchases becoming more compelling for farmers,” writes Wes Lefroy, agricultural analyst. However, interregional purchases are complex, and can bring operational and managerial challenges.
“We consider that now, and in the future, farmers should broaden their land expansion horizons, using our ‘inside, then out’ approach to unlock opportunities to buy Australian cropping land.”
Wesley LefroyAnalyst - Agriculture Read more