IMHO dairy farming is all about capital gains and NOT about marketing, that is ending now as they are increasingly finding it harder and harder to sell their farms.
Agricultural products I have not paid a lot of attention to - though I do pay through the nose for perfect specimens of Zespri Gold!
I understand the right to produce Kiwifruit Gold is sold under licence by Zespri and the going rate is close to $300,000 per hectare incl GST.
Last edited by Beagle; 27-08-2019 at 05:08 PM.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
IMHO dairy farming is all about capital gains and NOT about marketing, that is ending now as they are increasingly finding it harder and harder to sell their farms.
The ban on overseas buyers is definitely having a profound effect on values, likewise the various regulations and impositions by the Greens via lovely Jacinda (she who came from a small town background! )
They are going in the right direction, focusing on what fonterra is good at. Price will probably drop a fair bit further though, will be sub 3 soon by the looks
They are going in the right direction, focusing on what fonterra is good at. Price will probably drop a fair bit further though, will be sub 3 soon by the looks
going in the right direction? selling off all there assets so they will end up with only milk the commodity to sell in a world where milk demand has peaked? and alternatives are on the rise. farmers going bankrupt due to falling land values and what about if the milk price were to drop ? it would be nightmare senario for farmers. $3 not far away now the only option in my view is partial listing and value add strategy in the long run there is no future in the new world for soley commodity players to earn anything but crumbs.
has fonterra been cooking the books to pay a higher milk price? who know only maybe the fma at the end of the day lol but the way the share price been crashing some people must know something
Reply With Quote
Originally Posted by whatsup
)
Bookmarks