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PGG Wrightson General Manager for Livestock and Rural Real Estate Peter Newbold has been on the road around the country and Rowena Duncum from The Country caught up with him in the mighty Manawatū.
As far as the general state of the rural real estate market is concerned, Newbold reckoned it had been an incredible autumn with a very high clearance rate – one of the best autumns ever with good weather and high values contributing to a fantastic year for rural sales.
Sheep and beef and grazing have been strong with large farm sales this year and some properties going to new entrants with little farming experience.
Duncum asked Newbold to look into his crystal ball and predict prospects for spring.