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Valuation & Advisory Services: Pork Market Update 2021

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After a long period of relatively low transactional activity, we have witnessed a number of piggeries transact in the last 3-6 months.

Recent transactions indicate a 25% increase in value since late 2018 – which was the last time we witnessed strong transactional data from which to set benchmarking values.

Moving forward, we anticipate some variability in values in the short to medium term, however the recent increase in value for piggery assets is in line with general agricultural land value trends which have experienced strong growth in the last 12 to 24 months.

CVAS Pork Update

Valuation & Advisory Services: Pork Market Update 2021

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James Beveridge

Associate Director, Agribusiness

Valuation & Advisory Services

Brisbane CBD

Specialist rural consultant, proficient in the valuation and advisory of agribusiness assets including: cotton, vegetable, dryland farming and intensive grazing enterprises, dairies, piggeries and chicken breeding facilities. Specialising in complex asset valuation assessments using production and cashflow data with recent experience in cotton gins, flour and sugar mills, oil seed extraction, large scale irrigation and grain handling facilities.

Prior to becoming a valuer in 2005 James had a practical history as a Jackaroo then working through to stud Overseer specialising in stud stock and wool production, to then go onto to finish a Bachelor of Farm Business Management.

In his professional career, James has comprehensive experience of providing independent agribusiness consultancy advice to property owners, mortgage lenders, insurers, government bodies and private investors and is proficient in a variety of valuation types including: In use, alternative use, as if complete, tax depreciation, stamp duty, retrospective, succession planning and rental determinations using a variety of valuation approaches and methodologies.

James has also been using his experience in consultancy and advisory work. Examples include scenario analysis, added value of new infrastructure, production analysis, design and best management practice.

James is a 6th generational farmer with a strong advantage and point of difference over other valuers in understanding the drivers of value and empathy which is connected to it.

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