The cost of conacre rose by 11% last year to an average of €1,329/farm.
The cost of conacre drove up on-farm costs in addition to fuel, fertiliser and feed, according to the Teagasc National Farm Survey.
Overall, overhead costs rose by 13% in 2018.
An Irish Farmers Journal survey showed that the average 11-month rent cost €186/ac.
Tillage was the highest at €290/ac, dairy was at €211/ac and beef was at €155/ac.
Auctioneers reported a scarcity of land for leasing last year, with high farmer demand for land.
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Cost of leasing land soars
Leasing land – a popular succession option
The cost of conacre rose by 11% last year to an average of €1,329/farm.
The cost of conacre drove up on-farm costs in addition to fuel, fertiliser and feed, according to the Teagasc National Farm Survey.
Overall, overhead costs rose by 13% in 2018.
An Irish Farmers Journal survey showed that the average 11-month rent cost €186/ac.
Tillage was the highest at €290/ac, dairy was at €211/ac and beef was at €155/ac.
Auctioneers reported a scarcity of land for leasing last year, with high farmer demand for land.
Read more
Cost of leasing land soars
Leasing land – a popular succession option
SHARING OPTIONS: