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Australian farmland prices set for a 3% rebound in 2025 after a 6% drop in 2024, forecasts suggest.
Australian farmland prices are predicted to rebound by about 3% in 2025, after a 6% decrease in 2024.
Despite the overall decline, Western Australia and South Australia saw price increases.
Factors like falling commodity prices and higher interest rates contributed to the slowdown.
Rabobank forecasts modest growth in 2025, supported by improvements in production prospects and commodity prices.
However, some experts predict further declines due to reduced institutional investment and lower profitability.
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Las previsiones sugieren que los precios de las tierras agrícolas australianas se recuperarán un 3% en 2025 después de una caída del 6% en 2024.