Farming: Prime grazing land makes €400 per acre at Kilkenny auction
Published 7th Oct 2021, 17:33 GMT
Updated 7th Oct 2021, 18:56 GMT
Demand for grazing land continues to rise
Joe Coogan Auctioneer leased 55 acres of grazing lands on a five year lease last Friday, October 1, for €400 per acre.
The lands, situated just nine miles from Castlecomer, in Boley, Ballylinan were of prime grazing quality with water troughs and a cattle crush.
Four active bidders and a number of other interested parties were hoping to secure the land for between €300 - €350 per acre.
The auction shows the very strong demand for grazing land in counties Laois, Carlow and Kilkenny at present.