Lower commodity prices, drier conditions and higher interest rates curb demand for farmland.
Farmland values plateau as demand declines. Picture Mark Saunders.
In its mid-year update on Australian farmland values, Rural Bank said a sudden and sharp decline in agricultural commodity prices during the first half of 2023, combined with the expectation of drier conditions...
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Delivering high-value research and information on best practices to help improve farming productivity, efficiency and profitability.
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