Agri-Business
Long-term leasing is becoming the preferred option for farmers due to tax incentives, increased security and supportive policy measures.
SCSI auctioneers and valuers expect the price of agricultural land nationally to increase by 6% on average this year.
In 2023, the average price of 1ha of tillage/arable land in the EU was €11,791 and the average rental price was also outlined by Eurostat.
An 86ac roadside farm located in Tonagimsy, Drum, Co. Monaghan, made €1.15 million when it was sold at an auction last Thursday (April 4)...
Beef News
It's a well-known fact that the cost of leasing land has increased significantly over the past few years with a number of factors responsible.
Dairy Technical
Dairy farmers need to determine if additional land is going to be profitable for their enterprise before making decisions.
The reduction in the nitrates derogation from 250kg to 220kg of organic nitrogen (N)/ha is a major blow to the Irish dairy sector.
Among the changes made by the European Union to the Nitrates Action Programme (NAP) is the...
The average price of agricultural land is forecast to increase by 8% on average this year, according to a new survey.
The average annual rental land price in Ireland stood at €353/ha in 2021, according to the latest data from Eurostat.
Property
Land prices are expected to increase by an average of 6% this year, according to a new survey released today (Tuesday, April 12).
Tillage
The majority of rental charges for tillage land decreased in 2018. However, charges for "other crops" saw dramatic increases..
It will come as no surprise that the highest average price paid for land last year was for potatoes in Leinster.
Rural Life
The newly released Teagasc Land Market Review shows that rental values in Connacht and Ulster increased notably in 2018 compared to 2017.
Farmers are prepared to pay €221/ha (€89.50/ac) more for land adjacent to the farmyard compared to 1km away, according to a survey.
Opinion
Spring arrives and, as regular as clockwork, land rental charges start to take-off like a rocket across Ireland
The average price paid to rent tillage ground in 2017 was €256/ac. This is according to the Land Market Review and Outlook 2018.
The entitlements trade is in full swing at present. Entitlements of €400 or more are being sold for three times their value.
Leasing land is a bit like renting out a house, according to Ivan Whitten, a Teagasc tillage advisor in Co. Kildare.
Auctioneers are busy with leasing agreements at the moment. Demand is out-stripping supply across the country.
Dairy
The first thing usually mentioned when discussing land rental is the cost of the rent; it's actually not the most important thing.