Farrer was traditionally a Nationals seat, and held from 1984 to 2001 by for Deputy Prime Minister Tim Fischer.
It was taken by Sussan Ley for the Liberals when he retired from politics.
The Pastoral Times believes The Nationals have been searching for a potential candidate since before Christmas, with speculation there would be a Liberal leadership challenge to Sussan Ley and she would subsequently quite politics.
This occurred on Friday.
The Nationals, in a statement released on Sunday, said Farrer is grappling with drought conditions, placing enormous strain on farming families, rural communities and local economies.
“When agriculture struggles, the consequences ripple through manufacturing, transport, freight, small and medium enterprises, and countless local businesses that depend on a strong and productive rural sector.
“At the same time, cost-of-living pressures are hitting families and businesses hard. Rising energy prices, fuel costs, freight expenses and increasing regulatory burdens are squeezing household budgets and placing additional pressure on small businesses.
“Health services remain stretched, and communities continue to raise concerns about crime and local safety.”
Party chairman Rick Colless said The Nationals were uniquely placed to represent Farrer again.
“The Nationals understand the unique challenges facing rural, regional and remote Australia because we are part of these communities,” Mr Colless said.
“For more than 100 years, The Nationals have stood for the people who live outside the capital cities.
“We will put forward a strong local candidate who will fight for Farrer, stand up for regional communities, and ensure their voices are heard in Canberra.”
The NSW Nationals also acknowledged the service of Sussan Ley, thanking her for her commitment to the electorate over many years and wishing her well for the future.