'Acres are the new quota' - how major changes in farming are driving land leasing trends
The current trends with regard to the demand for agricultural land have a lot to do with the latest edition of CAP and its various support schemes, writes property journalist Conor Power.
The current trends with regard to the demand for agricultural land have a lot to do with the latest edition of CAP and its various support schemes. This has manifested itself in the prices being paid for farms, with public auctions regularly seeing strong and record prices being set.
In the more market-fluid area of farm leasing, however, the trend is even more pronounced. Since the start of the year, there have been some eyebrow-raising prices set.
