Fireside Solicitor wrote: » You haven't a number for Thady Quill have you?
Fireside Solicitor wrote: » You will see a lot places let go over the next number of years. The next generation aren't that bothered about it from what I can see. Around us there isn't a sign of anyone coming back to take over. All in Dublin with good jobs. You'd be lucky to see them a few times a year. Land prices going one way.
Theheff wrote: » Not sure if i agree with you on land prices going down. Seems to be making lots still. With alot more planting expected to happen & nitrates drastically to be reduced I cant see good quality land dropping that much. People getting carried away with them selves we are not all shutting up & sticking up a for sale signs. Our fathers & fathers before them got through hard times also. Agricultural will still go on in Ireland. Food security is too important to Ireland & Europe special with a growing population. Just my thoughts.
148multi wrote: » Theheff wrote: » Not sure if i agree with you on land prices going down. Seems to be making lots still. With alot more planting expected to happen & nitrates drastically to be reduced I cant see good quality land dropping that much. People getting carried away with them selves we are not all shutting up & sticking up a for sale signs. Our fathers & fathers before them got through hard times also. Agricultural will still go on in Ireland. Food security is too important to Ireland & Europe special with a growing population. Just my thoughts. I agree with the land prices, the growth of the population wil be in the older generation, not the biggest meat eaters.
Mad_maxx wrote: » An increase in forestry won't lead to higher land prices, you have to remember there is tonnes of land out there Land has been far too expensive for far too long, it will get repriced like any other asset and with a major shake up of the loss making beef sector, this has already begun, outside the intensive dairy regions, land is not selling for much more than 5 k an acre
patsy_mccabe wrote: » Where and what quality of land is making €5/acre?
patsy_mccabe wrote: » Since when has the quality of land being irrelevant?
Fireside Solicitor wrote: » Your probably right on the beef price Bass over the longer term but I guess the question is will they come back to a price that will bring young people into the sector or will it just be enough to keep those of us at from not going bust? On land prices though I do think they'll drop in line with wider European averages as CAP payments decline over the next decade. Sure land within commuting distance of cities will always have a value aswell as being beside big neighbours or in good dairy areas. But the whole country cant go dairy so for the rest hard to see it holding the 10k acre quoted by the IFJ.
Danzy wrote: Saw that if the Chinese eat beef at the same level as Americans per capita , they would take the entire global export market.
Bass Reeves wrote: » There are a few things that dictate land prices. It is Hard to see good land prices fall as far as or below 5K/acre. In general Forestry prices are about 4-5K/acre on rushy land. However other things dictate land prices such as distance from urban centers, distance to the sea,accessibility,view etc. etc. Cattle are not the be all and end all of land prices.Dairying will still require land not just for dairying but for silage, crops and rearing heifers. Just farming the basic payments will put a floor under prices anyway. At 6-7K/acre a 30 acre holding would cost around the 200k mark this is within the price range of a couple with a good income that is will to build a modest house or do up the house/cottage already on the property. There will always be people who will make lifestyle choices if lads was available at that money. A few horse's, a pony and a few sheep or cattle. You will get lads willing to have a few acres and rear either pedigree or rare breed cattle. Land with in a distance of urban centers will always have a base of 6-7K or maybe higher. Land adjacent to dairying area's will also always have a certain base value. As well at present we are in a price trough it will not last for ever. As a lad said to me last night Beef price often surprises you it can change very fast. As well as suckler numbers drop beef prices will rise.
blue5000 wrote: » Anyone got actual prices for this week? I got 3.45 for cull cows this time last year for cull cows, almost at that for bullocks now.:(
TL17 wrote: » Was reading about big cull in Argentinian cows to supply the Chinese. They need the cash as they cant borrow money.
Mad_maxx wrote: » Why would a couple spend 200k on thirty acres in order to build a house, add to that there is the issue of one off housing which is frowned upon more and more As for land being required for subsidies, no one knows what the mechanics of that will be going forward I don't think land in Mitchelstown will be 5k in ten years but the average price of land in most non intensive dairying regions might well be, no one knows if dairying will continue to expand either Tonne of unknowns, land will never ever reach 2006 prices again
lalababa wrote: » I see forestry with 20yr old trees at 1.5-3k an acre ?? What's going on there?