Farm Ireland

Tuesday 23 January 2018

Acid test for the quota market as 109ac dairy farm goes to auction

With superlevy fines looming large on the horizon, the sale of a 109ac dairy farm with 80,000gal of milk quota will really test the market for quota next week.

The non-residential farm at Coolnahinch, Moynalty, close to Kells in Co Meath has already attracted queries from dairy farmers as far away as Co Cork in the run up to the auction next Tuesday, August 16.

Auctioneer Ronan McKenna said he has had plenty of local interest in the farm, as well as calls from farmers in Cork, Tipperary and Kilkenny.

The 109ac farm will be offered for sale in two lots, with the purchaser also being offered the option of leasing a further 30ac and dairy buildings.

The farm is already laid out as a developed dairy farm, with fields serviced by farm roadways and an enclosed farmyard.

The yard consists of a 60ft x 50ft cattle shed with slatted floor pens, 20 cubicles and feed passage, twin 60ft x 40ft walled silage pit, and a 60ft x 45ft cattle shed with cubicles, slatted floor and feed passage.

The milking parlour requires complete upgrading.

A second yard also contains some useful traditional stone-built livestock housing.

Also Read

In addition, the farm comes with full planning permission for a three-bedroom bungalow.

For the purposes of the auction, the farm will be divided into two lots. Lot one will consist of 79ac, the farmyard and an 80,000gal milk quota with Lakeland Dairies. Lot two will be the remaining 30ac. The farm will also be offered in its entirety.

The buyer will also have the option of leasing an additional 30ac adjoining the farm for five years. This 30ac block includes an ultra modern cubicle shed for 90 cows, calving pens and an eight-unit herringbone milking parlour.

With a guide of €750,000, Coolnahinch will go under the hammer on August 16 at the Headfort Arms Hotel, Kells.

Enquiries to Raymond Potterton Auctioneers on 046 902 7666.

Indo Farming