Sixteen farming units throughout the North Island once operated by business entities involved with the Crafar family have been placed on the market for sale.

Combined, the 16 farms employed nearly 200 staff and managers, and total almost 8,000 hectares of rural land supporting almost 17,000 dairy cows.

The Crafar businesses were placed in receivership in October with KordaMentha appointed receivers.

All farming units have been trading since being placed in receivership, with new sharemilking contracts on the dairy units, and significant investment in farm management, infrastructure and systems.

The portfolio is being marketed exclusively by Bayleys Real Estate through a tender process closing on June 23.