Agricultural land prices fall by more than 35%

THE price of agricultural land has collapsed by more than a third over the past two years while the amount of land put on the market in the first six months of the year dropped by almost half.

Prices are now heading to the levels they were seven years ago, the Irish Farmers Journal revealed in a preview of its annual agricultural land report.

Value analysis also indicates that average prices have dropped by over 35% in the past two years alone.