Farmland headline numbers still figure large on the agri-land value landscape

“There has been a good level of demand for land all the way through the year,” says a prominent farming sector commentator

Demand for farmland in Ireland is very strong currently, with a lot of land tied up in leases.

Agricultural land, by its nature, is coveted in clusters rather than as a whole. 

In other words, while one can mathematically work out that the average price for quality grassland in Munster is €16,300/acre* and in Ireland is €12,800/acre* (*IPAV report), the headlines are formed by the regular occurrence of spikes in land prices where two or more buyers have been waiting for a certain amount of time for a piece of land to come on the market that suits their particular needs.