‘Resilient’ land prices in Munster expected to rise by 5% in 2021
Con Twomey is pictured harvesting Pixel winter barley at Robertscove, Co Cork which yielded 4.2 tonnes per acre at 19% moisture and bushelled 63kph. Picture: O'Gorman Photography.
Land prices in Munster, which remained resilient last year despite the threat posed by Covid-19, are expected to rise by 5% in 2021 according to the latest SCSI/Teagasc Agriculture Land Market Review and Outlook Report.
Dairy farmers are driving the market; prices ranged from an average of €11,900 per acre in Tipperary to €9,000 in Clare while prices for poor quality ground ranged from an average of €6,500 in Waterford to €4,700 in Clare.
