Reaction to current beef situation

blue.dub4sam

I was just wondering has been any reaction from banks or other institutions to the current situation regarding beef. Are they more reluctant to lend money? How about receiving credit from suppliers. I can't imagine but that someone looking at the current situation might be getting nervous.

Is land still breaking records or is it staying on the market longer before selling?

Mad_maxx

blue.dub4sam wrote: »

I was just wondering has been any reaction from banks or other institutions to the current situation regarding beef. Are they more reluctant to lend money? How about receiving credit from suppliers. I can't imagine but that someone looking at the current situation might be getting nervous.

Is land still breaking records or is it staying on the market longer before selling?

land hasn't broken records in twelve years or more from what my farmer neighbours ( and relatives )tell me

blue.dub4sam

Average land went over 8k an acre in West of Ireland.

Mad_maxx

blue.dub4sam wrote: »

Average land went over 8k an acre in West of Ireland.

Do you mean an average farm of land in the west made 8k or 8k is the average in the west?

blue.dub4sam

Mad_maxx wrote: »

Do you mean an average farm of land in the west made 8k or 8k is the average in the west?

I mean average land made 8k

Nekarsulm

A 30 acre farm beside me sold for 110,000 earlier in the spring.
18 acres were fairly good ( by Cavan standards) and the rest were just about fit for planting, wet and steeply sloping down to marsh.
The 18 acres were drained, scrub cleared and ploughed and reseeded as soon as the ink was dry on the cheque.
Looking good now with a bunch of w/h calves just out on it.

390kid

Nekarsulm wrote: »

A 30 acre farm beside me sold for 110,000 earlier in the spring.
18 acres were fairly good ( by Cavan standards) and the rest were just about fit for planting, wet and steeply sloping down to marsh.
The 18 acres were drained, scrub cleared and ploughed and reseeded.
Looking good now.

Think a lot a land sales are exaggerated price wise, be it through word of mouth, big notions of the seller or the Auctineers selling it

148multi

Nekarsulm wrote: »

A 30 acre farm beside me sold for 110,000 earlier in the spring.
18 acres were fairly good ( by Cavan standards) and the rest were just about fit for planting, wet and steeply sloping down to marsh.
The 18 acres were drained, scrub cleared and ploughed and reseeded.
Looking good now.

55a, house needing 60,000, and yard with a number of haysheds and lean-tos, 6 poor acers, the rest good 200.

Mooooo

148multi wrote: »

55a, house needing 60,000, and yard with a number of haysheds and lean-tos, 6 poor acers, the rest good 200.

Location, location location. Down here that would make 2 to 3 times that

Nekarsulm

390kid wrote: »

Think a lot a land sales are exaggerated price wise, be it through word of mouth, big notions of the seller or the Auctineers selling it

Look up the Property Price Index online in six months or so, and the price paid will be revealed ( minus any " under the table" stuff, of course)

C0N0R

148multi wrote: »

55a, house needing 60,000, and yard with a number of haysheds and lean-tos, 6 poor acers, the rest good 200.

Where in the country is that?

Parishlad

148multi wrote: »

55a, house needing 60,000, and yard with a number of haysheds and lean-tos, 6 poor acers, the rest good 200.

There's a house with 8 acres down the road from my place for sale and the asking price is €550k. Now in fairness, it is a fine house with lovely gardens.

Right next door to me is a house for sale with facilities for anyone with an interested in horses (4 or 5 stables and a good sized sand arena (?)) along with 5 acres of decent land and asking price is €695k! I would actually love this place myself as it backs on to my yard. Must keep doing the lotto!!

Mad_maxx

Nekarsulm wrote: »

Look up the Property Price Index online in six months or so, and the price paid will be revealed ( minus any " under the table" stuff, of course)

Commercial property sales prices are not listed on any register

You can view lease prices however

Dinzee Conlee

Mad_maxx wrote: »

Commercial property sales prices are not listed on any register

You can view lease prices however

What do you mean you can view lease prices?
Where can these be viewed?

148multi

C0N0R wrote: »

Where in the country is that?

Roscommon, mind you 12a of bog running into upland with an old cottage made 72 allegedly bought by a man that spent the last 25 years on the dole officially.

Mad_maxx

Dinzee Conlee wrote: »

What do you mean you can view lease prices?
Where can these be viewed?

Google commercial lease register, you can even view land lease deals

Dinzee Conlee

Mad_maxx wrote: »

Google commercial lease register, you can even view land lease deals

Jaysus, didn’t know you could see that...

Does anyone know if the euro amount listed is only the rent l, and any entitlements are on top of this?

Or could the euro amount displayed include entitlements?

C0N0R

Dinzee Conlee wrote: »

Jaysus, didn’t know you could see that...

Does anyone know if the euro amount listed is only the rent l, and any entitlements are on top of this?

Or could the euro amount displayed include entitlements?

From what I can see it’s before entitlements

wrangler

C0N0R wrote: »

From what I can see it’s before entitlements

Yea, it's before entitlements