News RaboResearch agriculture analyst Vitor Pistoia said prices were expected to continue to rise this year, albeit at a likely slower pace. Agribusiness banking specialist Rabobank's Australian Agricultural Land Price Outlook said the strong performance was driven by high commodity prices and good weather conditions for the majority of the country. The bank's analysis – which comprised genuine rural sales and excluded lifestyle and non-market transactions – showed agricultural land prices across the country rose by 29 per cent (median price per hectare) last year, with cropping land increasing by 29 per cent, livestock grazing land by 26 per cent and dairy by 29 per cent.

https://www.theguardian.com.au/news/ag-land-prices-keep-rising

#theguardian