Viticulture markets remain selective as oversupply and export pressures weigh on margins. Buyers are prioritising vineyards with strong contracts, quality production and operational resilience, while turnkey assets attract stronger interest.

Horticulture remains led by strong kiwifruit returns, supporting firm land values. Demand is strongest for premium varieties and turnkey orchards, with buyers also factoring rising supply chain and cost pressures.

Pastoral demand remains underpinned by strong export returns and firm cattle pricing. Buyers are prioritising productive, low-cost operations, while policy, forestry changes and compliance continue to influence decision-making.

Dairy demand is strengthening as lending conditions improve and banks show greater appetite to support the sector. With dairy viewed as a low-risk, high-return land asset, buyers are showing strong interest in quality, scalable farms.

Lifestyle confidence is lifting as buyers refocus on quality and pricing aligns with market reality. Lower rates and improved connectivity are supporting steady demand across key regions.

Pastoral sentiment is steadying, supported by easing rates and firm returns. Quality breeding and finishing country with good infrastructure continues to hold value despite tighter margins.

Dairy demand is strengthening as banks reopen to lending and farm balance sheets improve. Buyers are re-engaging for well-run, scalable farms with strong compliance and long-term potential.

Viticulture remains under pressure as oversupply and soft demand weigh on performance. Buyers are selective, favouring efficient, contracted vineyards in proven regions.

Kiwifruit confidence is rebuilding on the back of stronger returns and export performance. High-performing orchards with secure licences and packhouse alignment remain the most sought after.

Buyer interest remains strong across quality dairy farms, particularly in Canterbury and Southland. Waikato is also seeing solid activity, especially for well-maintained properties. Strong farmgate returns are translating to higher levels of liquidity.

Sheep and beef prices have performed well and wool is improving, but rising input costs and compliance demands continue to squeeze margins. Interest rates are easing, buyer enquiry and offer levels are well above what’s been seen over the past two years.