Martin O’Sullivan: Why farmers need a dose of realism when it comes to renting land

Most years around this time we start to hear of mouth-watering rents being paid for land leases. In recent weeks figures of up to €500/ac are being mentioned.

uch publicity heightens expectations and fuels the market. Existing or intending landlords will not object, but the reality of commerce is that for a transaction to be successful (and likely to be repeated), there must be something out of it for both parties.

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