date:Apr 20, 2016
Good prices for high quality dairy farms in New Zealand, despite very low milk prices, reflect long term optimism in the sector, the Real Estate Institute of New Zealand (Reinz) said.
Overall dairy farm prices in New Zealand have strengthened, a little, in the last month, the institute said.
And prices for horticultural farms continue to buck a bearish trend in New Zealand agriculture, with high quality kiwi fruit orchards in short supply.
Milk price pressure
The Reinz dairy farm price index