According to the New Zealand Institute of Real Estate (REINZ) today, there were 26 additional farm sales (+ 7.8%) for the three months ending July 2021. Compared to 400 farm sales for the three months, the three months ended July 2021, June 2021 (-10.3%), and 333 farm sales for the three months ended July 2020.
1,720 farms sold during the year up to July 2021, 42.5% more than sold in July 2020, 146.7% more dairy farms, 17.9% more dairy support, 27.8% more grazing farms, 58.4% more completion farms and 38.1% of Arada farms sold at the same time. Less.
The average price per hectare for all farms sold in three months to July 2021 was $ 27,015, ending in July 2020 (+ 12.3%) with a record of $ 24,050 for three months. The average price per hectare has decreased by 0.6% compared to June 2021.
The REINZ All Farm Price Index increased by 10.4% in the first three months of July 2021. From three months to June 2021. The REINZ All Farm Price Index increased by 16.9% compared to the three months ending July 2020. The REINZ All Farm Price Index, which does not adjust for these reasons, adjusts to differences in farm size, location, and type of agriculture, in contrast to the average price per hectare.
7 Regions Increase Agricultural Sales for the Three Months July 2021 The most popular are Otago (+14 sales) and Northland and Nelson / Marlboro (+12 sales) with the three months ending July 2020. Manawatu: Wanganui (-14 sales) and Wellington (-8 sales) recorded the biggest reductions in sales. Compared to the three months since the end of June 2021, 3 states have seen sales increase, Oakland, Majority and Wellington (+2 sales).
Brian Peacock, RIN spokeswoman for REINZ, said: “Sales for the three-month period, which ends in July 2021, are improving in most categories, although they are still stronger in 2019 and 2020.
“Apart from the easing trend expected during the winter, it is a category of real estate sales that will continue to be strong at current levels, which is a continuing feature in the current market.
“While issues such as the COVID-19 epidemic and the recent Olympics have dominated the media in recent weeks, the rural community has continued to crave animal feed in changing weather conditions, which is normal for July.
Breeding in the national dairy herd has improved significantly, as is the case in the national herd, except in the southern highlands, so flooding is still more of a problem than heavy snowfall.
“On the animal front, rational fodder stock was paid more than usual for the last time the lambs were slaughtered last winter / early spring market. The bull market is on the rise, promising more and more, and the dairy industry is taking a closer look at the changing dynamics of the global dairy market and the impact of the new season on payment.
Lack of energy is a constant thorn in the side of the country in terms of water and climate change, which hangs on the edge of a relentless and unsympathetic political environment. ”
Interest points around New Zealand include:
Northland / Auckland
- Radiation and grazing properties in northernland for radar-based horticulture; There is no activity in the dairy sector; Light effects on the finish and milk support units north and west of Auckland.
Waikato / King Country / Taupo
- Strong activity in Hawraki Woreda in the northern and western parts of Weikato Woreda with similar results in milk, milk support and finishing materials; Good results in dairy, finishing and grazing areas in Otorohanga, South Waikato and Taupo areas.
Abundant Bay / Rotatorua
- Sales of garden blocks, particularly kiwi fruit farms, were a major feature in the Western Gulf and Wakatan provinces; Light Dry Stock Exchange South Rotatorua.
Gisborne / Hawke Bay
- Strong rise in sales for small garden blocks in Gisburn: Proportional supply of dry stock in central and coastal areas has increased. Heavy sales of large orchards in the Hawke Bay Hertaunga plains have been recorded at the end of grazing in central Hawke Bay.
- Very quiet in the energy district – only one finishing unit for sale.
Wanganui / Manawatu / Tararua
- Lack of motivation from their northwestern neighbors has resulted in little activity in this busy region.
Wararapa / Wellington
- In the small finishing rooms, the winter heat clearly spread to the lower north of the island.
Tasman / Nelson / Marlboro
- Good activity in Tassman and Marlboro counties Strong prices for good vineyards in both counties, additional finishing, grazing and forestry sales.
Canterbury / West Coast
- Distributed results in the vast Canterbury region of Completion, dairy, dairy support and forest units in Hurunui, Waimakariri, Selwyn, Ashburton and Waimate counties; Enthusiasm with zero activity on the chart did not clearly extend to the West Coast.
- Consistent with their respective northern provinces, fixed prices, dairy support, finishing and grazing properties were distributed uniformly throughout Waitaki, Central Otago and Kluta districts.
- Still, in most parts of the South Island there is a positive trend towards consistent prices, dairy, finishing and grazing assets, especially in Gore and Southland counties.
Completed farms in July 2021 account for 33% of all sales. Grazing farms account for 31% of all sales, fruit and vegetable farms account for 13% of all sales, and dairy farms account for 10% of all sales. These three types of assets accounted for 86% of all sales in the first three months of July 2021.
Milk farms have averaged 35,740 (36 properties) per hectare in the last three months of July 2021; % Increased. The average milk production for the three months was 136 hectares in July 2021.
Sales per kilogram of milk solids were $ 33.30 per kilogram of milk solids for the first three months of July 2021, $ 31.53 for the first three months of June 2021 (+ 5.6%), and $ 32.50 per kilogram of dairy products for the first three months of July 2020 (+ 2.5%). ) no longer.
The REINZ dairy farm price index increased by 1.6 months to July 2021 in the first three months. The REINZ dairy farming index rose 17.4% compared to July 2020. The REINZ dairy farm price index adjusts the difference in farm size and location compared to the average price per hectare, which is not correct for these reasons.
Completion of farms
In the three months leading up to July 2021, the average selling price per hectare was 33,345 (117 assets), compared to 34,805 (118 properties) for the three months ended June 2021, and 31,170 (98 properties) for the three months ended July 2020. It increased by 7.0% in months. The average completion rate for the three months was 42 hectares in July 2021.
During the three months ending July 2021, the average selling price for grazing farms was $ 11,905 (112 properties), compared to June 1121, compared to $ 11,405 (124 properties) and 10,190 (100 properties) for the three months, July 2020. The average price per grazing farm per hectare. In the last 12 months, it has increased by 16.8 percent. The average grazing season for the three months was 117 hectares in July 2021.
In the three months to July 2021, the average selling price for fruit and vegetable farms was 241,650 (45 properties), compared to 320,435 (40 properties) in June 2021 and 275,275 (48 properties) in July 2020. The average price per hectare per hectare was 12 Decreased by -12.2% in months. The average garden size completed in July 2021 was 8 hectares.
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