NEVILLE Peck is a rare breed.

Sure, he has farmed for 51 years and also run a stud Holstein operation since 1970, but more recently he has achieved something many others could only dream of.

He sold his dairy farm. About five weeks ago the Montgomery farmer was approached at the Sale chopper market by someone asking after his property.

The potential buyer's lease had finished and he was looking for a place to move to pretty quickly.

Neville's 115ha property had been on the market since it was passed in at auction in March last year.

But the opportunity to sell, to someone that wasn't a "tyre-kicker", was too good an opportunity to pass-up and Neville and wife Beryl's Linden View Holsteins herd was sold this week.

So is it a good time to get out of the dairy industry?

"Definitely because of the state of the dairy industry at the moment, contrary to what a lot of people think when the dollar is up it is disastrous, (but) prices have stayed up ... interest rates haven't sky-rocketed yet," he said.

"In the past 50 years I have seen this cycle five times around, low, high, low, high."

However, the sale of the farm and the herd will not mean the end of the Pecks' association with dairy farming and the Holstein breed.

The couple have kept 59ha and 150 unjoined heifers, which they will mate to sexed semen and sell yearly.