A conditional contract for the sale of Central Otago's largest single dairy farm is still being negotiated.
Big Sky Dairy Farm, situated on 1760ha near Patearoa in the Maniototo, has been on the market since Labour Day. Tenders for the property, which was placed into receivership in March last year, closed in November.
People from throughout New Zealand registered their interest in the property and negotiations have continued since.
When contacted by the Otago Daily Times yesterday, a spokeswoman for PGG Wrightson agent Ray Kean said the sale had not yet been completed.
Big Sky is one of New Zealand's largest single dairy operations. It has 3000 cows, and an estimated milk-solids production of 1.1 million kilos for the 2008-09 year.
When advertised, its sale included all livestock, nine dwellings, three rotary sheds, calf sheds, workshops, implement sheds, 1200ha of milking platforms, an additional 560ha of land, 387ha of leased support land, and more than 1 million fully paid Fonterra shares.
