Land value reports contradictions

TWO recently-released bank reports on the value of farmland have given divergent views. Photo: MARK RABICH / Table: SUPPLIED.

By Admin

May 11, 2024 | 4:00 PM

THIS week, two farmland market reports were issued by leading farm lenders; Rabobank and Rural Bank, however, the reports appear to be at variance regarding land value movements in recent years.

Rural Bank, a subsidiary of Bendigo and Adelaide Bank, issued its Australian Farmland Values 2024, while specialist rural lender Rabobank released its Australian farmland price outlook 2024.