Farm prices slowing down

The value of cropping land is expected to outperform grazing land.

Australian farmland prices are set to rise again this year, but growth will be slower than in the past three years, according to the yearly snapshot from Rabobank.

The agricultural lender forecasts farmland value will increase in the next 12 months across all sectors by five per cent per hectare, with cropping land to outperform grazing land.

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