This reader response references the Hoard's Dairyman Intel item, "New Zealand dairy land is expensive, too."
I just read the article about land prices in New Zealand. Land prices in the Netherlands are even higher, as we pay €50.000 to €67.000 (euros) per hectare ($55,000 to $75,000 U.S.). Some dairy farmers are even paying more.
There are multiple reasons land prices have been surging.
To milk cows, we need land to place the phosphate from the manure. Also, when the milk quota system ended on April 1, a lot of farmers wanted to milk more cows, so that raised the price of land, as well. At the moment we get only 30 cents per liter for our milk (2.205 pounds in a liter).
Minne Heeg, the Netherlands
(c) Hoard's Dairyman Intel 2015
July 6, 2015
