17-02-2014 03:28 AM | New Zealand

“Massive” increase in land and livestock values

The sheep and beef sector has an “incredible” opportunity to realise on wealth most farmers don’t know they are sitting on.

Mike Peterson, who is stepping down after 10 years with Beef+Lamb, says there had been a “massive” increase in land livestock values over the past 10 years and this had somewhat “snuck up” on farmers.

These farmers in the main were on rugged or high country with 80% equity which meant as much as $60 billion could be available for investment.
Full Story : Interest.co.nz