Kieran Coughlan: Entitlement trading attractive for some but beware of pitfalls

The land leasing market is in full swing, as farmers make arrangements with land owners for the coming season.

According to auctioneers, the rents commanded for many five-year lease renewals are staying broadly the same, but with tillage conacre prices dropping as much as €40 per acre.

Meanwhile, some exceptional prices are still being obtained for exceptional lots, with conacre for potato cropping, and longer term letting of grassland accessible to dairy milking platforms still commanding high prices.