An Agricultural commentator has sounded a warning siren over the declining values of dairy farms in New Zealand. Prices have fallen over the past year and there is no indication of them stabilising anytime soon. Lincoln Unversity honourary professor of Agri-Food systems, Keith Woodford, raised these concerns in a recent blog post. He says changes in lending policies, which are set by the big banks in Melbourne, has stifled the interests of buyers.
A generic herd of dairy cows on a South Canterbury farm. Photo: RNZ Maja Burry
