IT’S BEEN an interesting month in the Queensland grazing property market, with cattle price adjustments, seasonal outlook and rises in cost of production starting to have an impact.
In one location, those eager to get their hands on a quality asset battled it out on auction day to achieve a district record price.
In other areas, properties have been passed-in, with agents now negotiating with interested parties, while good offers (from those reluctant to compete on auction day) have been accepted by a number of vendors prior to auction.
In this week’s property review, rural sales…