Ul­ster prices all take hit

Irish Independent - Farming - - NEWS -

for land­hold­ers. Ac­cord­ing to Mullingar auc­tion­eer Dil­lon Murtagh: “[Leas­ing] al­lows the prop­erty to stay within the fam­ily and on their bank bal­ance.

“It pro­vides a flex­i­ble and tax-free al­ter­na­tive to sell­ing.”

The prices paid for leased land var­ied around the coun­try in 2017 with the dearest prices paid for potato ground in Le­in­ster where it made an av­er­age of €426/ac.

Root crop ground made €299/ac, ce­real ground €220/ac, graz­ing land made €182/ac and graz­ing land with mead­ow­ing and fod­der pos­si­bil­i­ties made €194/ac.

In Mun­ster, the high­est price was also paid for potato land at €295/ac, while ce­real crop ground made €263/ac with root crop land go­ing for €195/ac, graz­ing ground with fod­der po­ten­tial made €191/ac and sim­ple graz­ing ground made €174/ac.

In Con­nacht/Ul­ster, potato ground was also the dearest with an av­er­age of €327/ac, while root crop land made €180/ac, ce­real ground made €170/ac with graz­ing/fod­der ground mak­ing an av­er­age of €124/ ac and pure graz­ing mak­ing €122/ac.

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