One recent market feature is a continuing search for harvestable forest plantations, driven by offshore and domestic demand for timber.
New Zealand has approximately 1400 family-owned farm forest woodlots, with South Waikato to the fore. Many woodlots date from the early nineties so are maturing now and returning excellent profits: good reward for forward thinking two or more decades ago.
That creates a need to replant, either on the same property or elsewhere, which presents opportunities to buy and sell land suitable for trees.
My first experience of farm forestry dates from that era. Around 40 hectares of a 300 hectare farm I marketed in the early nineties was planted in Pinus radiata, in part to prevent erosion, encouraged by government policy rather than any long-term economic return.
At that stage, few appreciated