Farmland Rental Pricing Information

Banter Joe

Just wondering about typical prices for letting fields.

If one was to say, let a 25 acre field for 3 months, what sort of conditions would affect the pricing, and what sort of prices would be considered reasonable?

Jo King

It will depend on the use to which the field is to be put or is capable of being put. It will also depend heavily on the demand in the local area for the kind of letting involved. The time of year is also relevant.

Banter Joe

Thanks for the reply Jo King.

The field is being let from June until August.

It will be used for silage.

Demand wouldn't be very high.

If anyone would have a rough idea of pricing considering these conditions I'd really appreciate it.

The_Conductor

I imagine demand may be non-existent for anything other than a possible cutting of hay. I don't know any farmers who would randomly have a silage pit ready to be filled, pending identification of suitable cutting grounds. What you are proposing is so specific as to rule out almost anyone other than that one specific person whose circumstances happen to randomly overlap with yours.

I am going to copy this thread over to the Farming Forum for you- they may be in a better position to offer assistance there.

S.

Colmm23

Joe
I've heard of people giving €100/acre just to take a cut of silage off a field and fertilise it themselves as well.
I gather this is what your planning.

Dazzler88

Does any1 know what you can earn from land you rent.Im loking to start out farming but currently have no Stock no. nor do i own any land.It sheep farming in the North-West im looking for advice on..any sugesstions???

vincenzolorenzo

Jaysus, brave move. I'd think very long and hard about getting into an industry that is so hard to make a living at. Especially seeing as you're starting from scratch and with no land of your own

Dazzler88

i would agree with that.see the thing is im keen to get into farming because i grew up on a farm my whole life and have a keen interset in it..Do u know what schemes is available to me if i were to buy land???I'm familiar with the Reps scheme..any others you can think of???

wiggy123

brave man...
i do farm part time--and all our land is rented...so its a big cost,etc...u'll not make money from farming! need to own land,etc...

Dazzler88

im not looking to make money,more as a pastime but im willing to take advantage of any money i can make.

wiggy123

organic might suit ya! join reps..rent land for aleast long term--7yrs!
do suckling or sheep!
best of luck...
unsure what land value is where ur from...land where i'm from louth--is being sold for €12-20k an acre!
land rental is roughly from €130-€250 an acre--grazing land,etc!

Dazzler88

unsure what land value is where ur from...land where i'm from louth--is being sold for €12-20k an acre!

land in my area in selling €2500-3000.

wiggy123

i'm in the wrong part of the country then..i pay nearly €5k a year in land rental

adne

Dazzler88 wrote: »

unsure what land value is where ur from...land where i'm from louth--is being sold for €12-20k an acre!

land in my area in selling €2500-3000.

where u from Dazzler? I did not think land was selling anywhere in Ireland for 2500-3000 an acre?...

Dazzler88

i from North West Ireland.theres a local farm for sale for 200,000euro and its 80acres of land,its not quite the same standard as Louth but its not bad land..:D

adne

Dazzler88 wrote: »

i from North West Ireland.theres a local farm for sale for 200,000euro and its 80acres of land,its not quite the same standard as Louth but its not bad land..:D

Im from the Northwest too and land around my way (which would not be the best is commanding 5,000 an acre)... where about is this farm

dennistuam

it must be hilly