Farmland values: Top prices still being paid for the best land
Many Irish farmers are currently willing to pay premium prices for ’ready-to-go' land rather than investing in land that needs a lot of work.
In keeping with the trend for a number of years now, farmers are still paying big premiums for the property that’s ready to go, rather than making a riskier and/or more time-consuming investment in less perfect land.
“If a really class place comes up, then the form book goes out the window,” says Mike, The high inputs and the drop in milk prices last year are very possible being felt more so this year, at a time when many farmers would be awaiting another uplift of fortune from the weather gods. For grain farmers, the profitability issue is even more acute.
