An interesting property indeed. They say the crops are not included (1/3 of the land is fallow). I wonder how much the crops could be worth, relative to the price of the land?
It's a winter cropping area. Winter dominant rainfall. The massive rains this summer are unusual, and often not welcome. As it's unusual, summer cropping is not practiced, so that's why summer rain is usually not welcome, as it usually does more harm than good.
Out of 1100 acres, 400 is on fallow, I'll guess fallow from pasture? 300 is in pea stubble. Guessing field peas by the photos. That's 700 acres crop? The other 400 acres? Dunno? Maybe lucerne pasture, or clover pasture, or maybe it's poor land and left as native grass's? Probably running sheep?
Just guessing, but after looking at photos, the 300 into pea stubble is probably wheat. So don't know what's planted in the other 400 acres, but the photos are also of field peas. The photos look like they were taken in perhaps August or September last year?
It was the best growing season down that way in years, or it was up until harvest time, when it started raining and wouldn't flippen stop. Absolutely perfect growing conditions though. The wheat may have went 2 tonnes per acre. So if it was 400 acres of wheat, that's 800 tonnes. It was probably weather damaged from unseasonal December rain, so $200 per tonne instead of $330. So $160,000 worth of wheat gross. If it wasn't harvested by last week, when the floods came through from the 100's of mills of unseasonal January rain it might be worth nothing by now.
The peas? Generally they are just a bonus if something comes from them. They are good sheep feed. Pump the soil full of N for a wheat or barley crop. No N is needed for a cereal crop if planted after peas. All just a guess though as far as acres planted.
The sheep? Also, best season in years. Fat lambs worth a fortune. I don't run sheep. No idea of profits. But it would be great this season.
Remember, this was a great year down that way. It needs to, to make up for the crook ones.
Compared to me, I had way too much winter rain all season, and as a result, my winter crop of wheat was very poor. And it was also weather damaged from too much November and December rain, like the property above. But my area is normally a summer rainfall dominant area, with deep water holding soils, and summer crops are the main crop planted. The summer rain has been great for my summer crops and the yields will be big. I made nothing from the wheat but will make a killing from the sorghum crop.
My land is worth $2400 to $3000 an acre compared to $720 per acre for the farm above.
I get an average of 670 mills of rain a year on average. 2.5 times as much in the summer as in the winter.
Warracknabeal gets maybe less than 400 mills of rain a year on average, mostly in the winter.
See ya's.
