Investors are buying substantial dairy farms for immediate lease out to farmers
Dairy farms are being purchased by non-farmers, for whom it is tax-efficient to buy the farms and lease them out to farmers, say auctioneers.
The year of the Great Lockdown has ended and although 2021 begins with yet another oppressive lockdown, there are signs of hope that the siege will be lifted and that the return of normal life may happen within a matter of months.
The agricultural land market seems to have finished the year pretty much as it began, with sustained activity that was seemingly unaffected by the lockdown, including "Good Life" enthusiasts targeting smallholding, and investors continuing to shift their resources out of the bank and into the land.
