Home / Business and Economy / NZ Farms Shrink: Youngsters Locked Out of Land
NZ Farms Shrink: Youngsters Locked Out of Land
30 Nov
Summary
- Farm numbers in New Zealand dropped by 33% in two decades.
- Young farmers face significant financial hurdles to land ownership.
- Some farms have consolidated into larger, consolidated businesses.
New Zealand's agricultural heartland is experiencing a significant transformation, marked by a notable decline in the number of farms. Data reveals a 33% drop in farm numbers over two decades, alongside a 15% reduction in farmland area. This shift presents considerable obstacles for young individuals aspiring to enter the farming profession and achieve land ownership.
The rising cost of land makes it increasingly difficult for younger generations to follow the traditional route of leasing and saving for their own farm. Instead, many young farmers must pursue diverse income streams or secure family-owned properties. Organizations like Young Farmers are actively discussing strategies to help members finance land acquisition, acknowledging the significant financial barriers.
Despite these challenges, the passion for agriculture remains strong. Young farmers like Cam Lowery and Cam Clayton, who are currently leasing farms, demonstrate resilience and dedication. While navigating the complexities of modern farming and employment, they remain committed to the lifestyle and aspire to future farm ownership, embodying the perseverance required in New Zealand's evolving agricultural sector.
