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land rental price

  • 06-10-2011 9:55pm
    #1
    hedgecutting eddie
    Registered Users, Registered Users 2 Posts: 164 ✭✭


    mite b able to get my hands on a 20acre field next year , been in grass last 10 years ,hay been cut off it and grazed with horses!! its a very free draining field and prob has maps 2 so im wondering how much/acre wud it b worth,man who bought it wants it ploughed so ill prob put spring barely white label ,field is one half mile down the road ,we have all own machinery from hedgecutter to combine prob needs some lime wudnt mind spreadin it if got a long term lease


Comments

  • #2
    blue5000
    Moderators, Society & Culture Moderators Posts: 12,757 Mod ✭✭✭✭blue5000


    OP look what future price of grain is for this time nxt yr, whatever a ton is making is a fair price/acre, prob around 150-200e/acre. But thats without the base yr propaganda/panic factor

    If the seat's wet, sit on yer hat, a cool head is better than a wet ar5e.



  • #3
    nilhg
    Registered Users, Registered Users 2 Posts: 5,185 ✭✭✭nilhg


    Glanbia offered €130 for green barley at next harvest, payment in Sept 12 today so that's the figure you have to work off of for the moment really, sure it could be more but the way things are going lately it could be less.

    Working from that price you have to figure out what your likely yield (the real one not the one you talk to the lads down in the pub about:p) might be and how much the straw would be worth, then you work out your costs both for inputs and machinery ( I know you have your own but it'll still cost you money to do the necessary work on this extra land), if there is a surplus then you have to decide how it might be shared between you and the landowner.

    If the land is high fertility (having been used to make hay and graze horses that might be unlikely) you could probably save a fair few quid in the first year or two but if it's not then you have to take that into consideration.

    I suppose it comes down to how much (or little) you are prepared to work for and how much risk you are prepared to take on to get that money.


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