Glentrasna sells for disappointing €5,000 per acre

A RAFT of auctions this week saw a number of farming properties go for sums ranging from the indifferent to the record-breaking, while the launch of land sales onto the market was very poor.

With the cut-off date for dairy entitlements for the relative years marked at May of next year, there could be some surprises in the spring market, but at the moment, the urge to sell is as low as the winter sunlight.

And the auction house sales have thrown up some surprises - in Clare, a 90-acre farm made a record €11,000 per acre while in County Cork, an area which has some of the highest prices in the country, a farm at Glentrasna, Ballynoe, achieved a low price of around €5,000 per acre.