Cycle helps good times return

Cycle helps good times return

News
Photo: SHUTTERSTOCK

Photo: SHUTTERSTOCK

Aa

THERE is something about agriculture and a cycle.

Aa

THERE is something about agriculture and a cycle.

It is very much an industry full of peaks and troughs. And when you're on a peak - it's certainly something to see.

At several points in my career I have been caught up covering escalating record sheep prices. Sometimes, by the time the story is written, it's already out of date with a new high price achieved.

It's a cycle I've seen repeat many times across multiple species - and it feels like that's where we are now.

But of course, it eventually settles down again.

It's not just livestock. In the past five years we've gone from a massive oversupply in hay to an extreme shortage and now heading back into a buyer's market.

Dairy is also experiencing near-record returns after some extremely tough years.

Land prices seem to be the one thing that doesn't see the troughs as well as the peaks - although there are definitely periods where prices grow faster.

I believe the reason land is so consistently popular is because, while agriculture can certainly provide some short-term pain, long-term, it's going to lift again.

It's what keeps us going through the tougher times - confidence that these good times are on their way again.

Start the day with all the big news in agriculture. Sign up here to receive our daily Stock Journal newsletter.

Aa

From the front page

Sponsored by