Farm prices fell in 2015 according to latest analysis

farming

The average price of farmland decreased last year.

A report on the cost of agricultural land shows that nationally, the average price per acre fell to 10 thousand 336 euro in 2015.

That's a drop of almost 2 percent when compared with the previous year.The drop in price in the West and North West was steeper, with average falls of 10% (see infographic below).

In the three Ulster counties of Donegal, Cavan and Monaghan, prices averaged 5,668 euro per acre.

The report was compiled by Ganly Walters - Managing Director Robert Ganly says higher priceswere achieved for bigger farms.............

 

farm prices