Dairyman secures 22.5ac Cavan site
Published 28/11/2012 | 06:00
Dairy farmers are continuing to make their presence felt in the land market, with a local dairyman on the Cavan/Longford border paying over €11,000/ac for a 22.5ac farm in Co Cavan recently.
The farm, at Clonovid, Kilcogy, includes an old dwelling house.
Located between Granard and Ballinagh, the land is described as quality ground with a local reputation as a good farm.
The farm has been rented for a number of years and might need some attention but, according to auctioneer Liam Reilly, it is ready to farm.
There was a good attendance at the auction and three bidders declared their intentions when the bidding opened at €150,000 and went up in increments of €5,000.
By the time the price on offer reached €250,000, the farm was knocked down to a local dairy farmer who came in ahead of the other bidders, a solicitor acting for a client and local drystock farmer.
The same auctioneer is set to bring a smaller farm at Crosserlough, Co Cavan to the market in early December.