Farm Tender Daily

Farm Tender Daily - All the news from Friday, the 25th of May, 2024.

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By Dwain Duxson

Get ready Danny - Danny Thomas, the leading Rural Property Agent for LAWD, spoke at our last 2 Farmer Tender events, and he told us both times that overseas institutional investors have a liking for Australian Farm Land. 

Well, according to my sources, he is on the money, and he is only going to get busier. I was listening to The Australian Ag podcast (Weekly Times) yesterday morning that featured Liam Leneghan from gofarm Australia. You can listen here. These guys run an Agriculture Management and Investment business and have over 1 billion in Agricultural assets under management.

Liam said that there is a wall of capital coming from overseas wanting to invest in Australian Farm Land. We are, according to Liam, a very attractive proposition for a number of reasons.

This might scare people, and that is understandable, but the family Farm is the backbone of Australian Ag, and it will remain that way. But we probably need to look at some of the opportunities this institutional money might bring. Upgraded infrastructure, cash for Farmers wanting to get out or retire, the transformation of Farms, the potential for new markets, Farms set up and ready to walk into, etc etc. For me, if they stick to the main Farming pursuits, then we will be able to coexist happily. What’s your opinion of these overseas institutions coming in and buying our Farm Land? Reply to [email protected]

The Farmers Club headlines - Our 3 topics tomorrow are:
1) Do you have Farming rules? (Free).
2) Nissan has instructed Dealers to sell their vehicles at below wholesale. Is this a trend waiting to happen? (Paid).
3) When times are tough, it’s the questions we ask that will lead to the best answers. (Paid).
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Clearing Sale Auction - 29th of May, 8 am to 8 pm. Acc - Glendhu Grazing Co. Click here.

National Cattle prices: EYCI 618 (-6), WYCI 488 (+49), Feeder Steer 324 (-2), Heavy Steer 296 (-2), Processor Cow 214 (-14). National Sheep prices: Trade Lamb 677 (+28), Heavy Lamb 678 (+11), Restocker Lamb 547 (-6), Mutton 310 (+5). Goat prices: 180 (NC). All prices are up until Friday, the 24th of May, and are cents/kg. Ranges are from a week ago. Source MLA.

Today's Trends - Sales trends included Clover Hay, Lucerne Hay, Vetch Hay, Oaten Hay, Field Bins, GPS Equipment, Barley Straw, Wheat Seed, and Canola Straw

End of message

Dwain Duxson
P - 0427 011 900
E - [email protected] 

What was listed today.

What was sold today.