The value of farm land has increased by over 5% across the Mid-West.
According to new figures from auctioneers, Sherry Fitzgerald, land prices have risen to an average of between €9,300 to almost €9,800 per acre, depending on the quality of land.
Teagasc experts also expect farm incomes to increase by up to 15% this year, although this is against the backdrop of recent struggles in agriculture.
CONTINUE READING BELOW
Diarmuid McMahon from Sherry FitzGerald McMahon in Ennis also feels that the Brexit extension until the end of October has stablised land prices for now
