Huge interest expected in 380,000l quota farm
There is every sign that the appetite for land on the part of dairy farmers will not be satisfied anytime soon.
Even smaller parcels in non-dairy areas are attracting the interest of dairymen so it is likely that a 115ac residential farm in Meelin, near Newmarket in north Cork will generate huge interest when it goes to auction in the next few weeks.
Given that the farm comes with a milk quota of 378,059 litres, buyers from across the southwest are expected to throw their hats into the ring. The property comes with a guide price of €1.3m, or more than €11,000/ac.
Located at Meenishall, Meelin, the farm is 9km from Newmarket, 28km west of Charleville and 35km from Mallow.
This is a fine holding in great heart and comes with a modern home and substantial, modern farming facilities. In addition, it has a single farm payment of €14,886 (45.03 standard entitlements with a value of €330.60 each) and a Disadvantaged Area Scheme payment of €2,879 per annum.
Laid out in more than two dozen smaller fields, the farm is described as rolling landscape in a nice setting of mature trees. The owner, who is retiring from farming, built the place from a holding he inherited, adding two smaller adjoining farms over the years.
The property includes 115ac of grassland all in one block and all within grazing distance of the farm yard and milking parlour.