Agricultural Property Sale in South West Slopes Region Expected to Exceed $26 Million
What happened
An agricultural property, Jillimar, located near Cootamundra, is being offered for sale with price expectations exceeding $26 million. The 1623-hectare property features 1529 hectares of arable country and is suited for dryland cropping, fodder production, and livestock breeding. The operation currently includes a self-replacing fine-wool Merino flock of 3500 ewes and 841 hectares of winter crops, including wheat and canola.
From theland.com.au
Why it matters
The sale involves a large, highly productive agricultural enterprise in the South West Slopes region. The property is well-equipped with infrastructure, including silo storage and a reticulated water network, indicating a significant scale of farming operations in the area.
From theland.com.au
Who's involved
- CootamundraTown near which the agricultural property sale is located
- merinoType of livestock currently running on the property
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- merinoSpeculative
The sale might remove a large, productive Merino flock from the local supply chain, impacting regional market dynamics.
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The entities involved
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Cootamundra
town in New South Wales, Australia
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Wagga Wagga
city in the state of New South Wales, Australia
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