April 2022 - Page 6 of 9 - LSL Auctions News

Land prices to rise by 6% for 2022, survey reveals

A new survey indicates that rental prices are expected to increase by 10%, while land prices are set to rise by an average of 6% for 2022. This is according to the Agricultural Land Market Review Outlook Report 2022 published by the Society of Chartered Surveyors Ireland (SCSI) and Teagasc. The survey was based on information gathered from 95 auctioneers and valuers across Ireland. The report highlights that strong…

“Evidence-based” zoning needed to speed up home delivery

State deputy planning regulator Anne Marie O’Connor voiced strong opinions at a recent Dublin City Council housing seminar regarding the need for “evidence-based” zoning. She recommended a move away from blanket zoning, or “colouring yellow across a development plan, hoping that something will happen”. She said that councils needed to ensure that development plans became “action plans” for the delivery of homes. Ms O’Connor went as far as to say that…

Enterprise Ireland's James Maloney and NPA Managing Director Anna May McHugh at the launch of the InnovationArena Awards 2022. / Enterprise Ireland

Enterprise Ireland Innovation Arena Competition for agri-innovators

Innovators and entrepreneurs within the agricultural sector are able to show off their skills and participate in the upcoming Enterprise Ireland Innovation Arena Competition. Prizes will be awarded across several categories and short-listed entries will be invited to display their products at this year’s National Ploughing Championship in Ratheniska, Co Laois, from 20 to 22 September, 2022. Innovation Arena Award Categories 2022– Established Company ‘Innovator of the Year Award’…

NI hogget prices continue to rise

Hogget prices in Northern Ireland have seen a rise in figures which have now included spring lamb quotes. The Livestock and Meat Commission (LMC) says that the base quotes from the major NI processors last week for R3 grade hoggets ranged from 585-590p/kg with plants paying up to 22kg. The LMC has also reported that the opening quote for spring lambs is expected to be 590-600p/kg at the start of…

TD criticises EU Industrial Emissions Directive

“A permit system for farming will be an utter disaster for the Irish people”, this is according to independent TD Michael Fitzmaurice, and comes as the EU Industrial Emissions Directive (IED) proposed changes to livestock units (LU). The amendments would see larger cattle, pig and poultry farms requiring permits to operate based on their emissions output. According to Fitzmaurice the proposals “are the beginning of a slippery slope to handing…

LSL Select Price Report – Cattle Mart 21/04/2022

LSL Select Price Report – Sheep Mart 11/04/2022

Monday’s selected Sheep Mart Price Report: Copyright LSL Auctions. SHEEP 30-40KG Avg Price/KgSHEEP 3.49/kgHighest Price/Kg Lots:SHEEP, 35kg 3.52/kg 123.00SHEEP, 39kg 3.52/kg 138.00SHEEP, 40kg 3.42/kg 135.00 SHEEP 60-70KG Avg Price/KgSHEEP 1.86/kgHighest Price/Kg Lots:SHEEP, 61kg 2.48/kg 152.00SHEEP, 66kg 1.79/kg 118.00SHEEP, 60kg 1.3/kg 78.00 SHEEP 70-80KG Avg Price/KgSHEEP 1.74/kgHighest Price/Kg Lots:SHEEP, 76kg 2.03/kg 154.00SHEEP, 70kg 1.83/kg 128.00SHEEP, 72kg 1.36/kg 98.00 SHEEP 80-90KG Avg Price/KgSHEEP 1.34/kgHighest Price/Kg Lots:SHEEP, 86kg 1.99/kg 170.00SHEEP, 84kg 1.98/kg 166.00SHEEP,…

LSL Select Price Report – Cattle Mart 28/04/2022

LSL Select Price Report – Cattle Mart 11/04/2022

Monday’s selected Cattle Mart Price Report: Copyright LSL Auctions. SC 500-600KG Avg Price/KgFR 1.93/kgHEX 1.41/kgLMX 2.02/kgHighest Price/Kg Lots:LM, 560kg 2.16/kg 1210.00FR, 515kg 2.14/kg 1100.00LMX, 540kg 2.06/kg 1110.00LMX, 545kg 1.98/kg 1080.00FR, 525kg 1.71/kg 900.00HEX, 590kg 1.69/kg 1000.00 SC 600-700KG Avg Price/KgCHX 2.04/kgLMX 2.50/kgHighest Price/Kg Lots:LMX, 625kg 2.98/kg 1860.00LMX, 620kg 2.97/kg 1840.00BBX, 680kg 2.68/kg 1820.00LMX, 690kg 2.62/kg 1810.00LMX, 695kg 2.50/kg 1740.00LMX, 625kg 2.37/kg 1480.00 SC 700-800KG Avg Price/KgBBX 2.74/kgLMX 2.92/kgSIX 2.61/kgHighest Price/Kg…

Online Auctions – Tuesday’s Calendar 12/04/2022

Tuesday’s auctions on LSL. Register at www.lslauctions.com to take part. *Details correct at the time of publication. Auctions are subject to change without notification.

NPWS plan hopes to minimize species loss and habitat decline

The Government has been criticised for dragging its heels on reform of the National Parks & Wildlife Service (NPWS), and for its failure to publish an independent review of its operation committed to in the programme. Minister of State for Heritage Malcolm Noonan has now confirmed that a plan to transform the NPWS will shortly go before Cabinet. This is hoped to increase resources to help arrest species loss and habitat decline…

Property survey reveals negative sentiment

A survey conducted by MyHome has revealed that nine in 10 homebuyers say that purchasing property next year would not be beneficial, due to increasing property costs. The survey states that 12% of respondents have agreed that the next 12 months would be a good time to buy, while three-quarters of respondents are concerned about the state of the property market. It’s understood that the survey was conducted on 2,020…

SOLD – €490,000. €22.27 per acre. Quinn Property – Carrigbeg, Craanford, Gorey, Co. Wexford – 11/04

Price €490,000. €22.27 per acre. Quinn Property brings to auction via LSL Auctions a property at Carrigbeg, Craanford, Gorey, Gorey, Co. Wexford on 11 April 2022 at 16:00. Lot 1: This valuable parcel of land is located along the Camolin to Carnew road, close to the foothills of Sliabh Bhuí with beautiful walking trails. It is 5km from Camolin, 7km from Carnew and 5km from Craanford village. Camolin is a…

Carnew Mart – Retirement Auction – 11/04

There will be a live Retirement Auction at Carnew Mart Machinery Auctions via LSL Auctions on Monday 11 April, 2022, Ring 1, at 19:00. Lots include: POWER SAW SAW BENCH STIHL CHAIN SAW PILLAR DRILL LAVOR POWER WASHER SUBMERSIBLE PUMP HYDRAULIC CHAINSAW WOOD LAITHE POWER CRAFT, BENCH & MORTICER CHISEL SET MISCELLANEOUS LOT OF CLAMPS POWER DRILL COMPRESSOR MISCELLANEOUS LOT ANGLE GRINDER & TOOLS WELDER McCONNELL HEDGE CUTTER CAR TRAILER…

Large sum of approved TAMS funds still available for spending

Up to the end of March 2022, in excess of €348m was paid out under TAMS II (Targeted Agricultural Modernisation Scheme II), Minister for Agriculture Charlie McConalogue has said. This means that farmers have yet to draw down €128m in grant aid committed to them by the Department of Agriculture. As such, significant funds approved for investments have yet to be utilised by farmers. A study of costings is currently…

MyCNHIStore promises speedy purchase time

CNH has announced that it has launched a new online parts e-commerce service known as the MyCNHIStore. The initiative is a game changer in the industry as customers will no longer have to drive to a local dealer to purchase parts. According to CNH it will simplify and speed up the process of purchasing genuine parts for machine owners across three agricultural equipment brands namely, Case IH, STEYR and New…

Rocky outcrops and limestone pavement under review for next CAP

Minister for Agriculture Charlie McConalogue has said that rocky outcrops and limestone pavement in certain areas are an important part of the Irish landscape and will need to be carefully considered in the new CAP. He used the Burren and Aran Islands as examples. In response to a parliamentary question on the issue from Galway West TD Eamon Ó Cuív he explained that, “Within the current CAP, there is provision…

11c/l hike in milk production costs

The Irish Farmers’ Association (IFA) has announced that the production cost of a litre milk has risen by 11.25c. This was revealed by IFA senior policy executive, Karol Kissane, who was speaking at the organisation’s milk price analysis webinar. The webinar outlined that input costs on farms have drastically increased over the last number of months. At the webinar it was heard that farmers have experienced a 230% increase…

High Court ruling on peat extraction welcomed by EPA

A High Court order has been passed calling for the ceasing of extraction of peat from a large area of peatlands in counties Westmeath, Cavan and Monaghan. The order has been welcomed by the Environmental Protection Agency. Harte Peat is a family-run business, and thought to be one of the largest suppliers to the Irish mushroom industry. The company had been trying to overturn a 2020 decision made by the…

Online Auctions – Monday’s Calendar 11/04/2022

Monday’s auctions on LSL. Register at www.lslauctions.com to take part. *Details correct at the time of publication. Auctions are subject to change without notification.

Slow uptake for agroforestry despite grant aid

Even with the availability of grant aid offers of €6,220 per hectare for the establishment of agroforestry in Ireland, landowners haven’t rushed out in their droves to take up the opportunity. To date, only 18 agroforestry grant aid applications have been approved and planted since 2015. These comprise 42 hectares, Only five premiums are available compared to 15 in the other 11 categories of the national Afforestation Grant and Premium…

martCow Project links European Research Infrastructures

European researchers link up in the SmartCow Project

The findings of the SmartCow consortium were presented at a SmartCow Project conference in Brussels this past week. It pooled together four years of data from the European infrastructure project, which integrates key European cattle research to assist the cattle sector to deal with the challenges of sustainable production. Covering all relevant scientific fields, diversity of cattle types and production systems, SmartCow provided academic and private research communities with easy…

Building costs impact the number of planning permissions

There were 305 planning permissions approved in quarter four last year, the Central Statistics Office (CSO) data shows. This compares to 498 applications approved for the corresponding period in 2020. Indications are that while there was a surge in applications following the first wave of the coronavirus pandemic, things have returned to normal levels, with demand said to be tempered by escalating costs. The greatest activity in planning for new…

ICMSA concerned about nitrogen target

The recommendation to reduce chemical nitrogen (N) use in the dairy sector by 35% is not realistic, this is according to Irish Creamery Milk Suppliers’ Association (ICMSA) president Pat McCormack in reaction to the draft interim report issued by the Food Vision Dairy Group. Chaired by former director of Teagasc, Prof. Gerry Boyle, the group is tasked with examining ways for the sector to achieve targets for agriculture and land…

IFA angered by water billing system

The Irish Farmers’ Association (IFA) has expressed its anger at the water billing system for non-domestic water use in Ireland. This comes as a number of farmers have reported paying multiple water tariff charges. The system, which was developed by the Commission for Regulation of Utilities (CRU), has led to the IFA seeking a ‘charge per customer’ approach to be implemented which would remove the multiple charges some farmers with divided…

EU response to fertiliser crisis criticised

There has been much criticism regarding the European Commission’s response to the crisis facing the fertiliser market. According to Copa Cogeca, the EU’s response “lacks concrete short-term actions”. With the Russian invasion of Ukraine, the group says markets have now been disrupted. Representing millions of European farmers, the group comments that “besides the energy and agricultural commodities that have been widely analysed and commented on, there is another market where the…

Online Auctions – Saturday’s Calendar 09/04/2022

Saturday’s auctions on LSL. Register at www.lslauctions.com to take part. *Details correct at the time of publication. Auctions are subject to change without notification.

LSL Select Price Report – Sheep Mart 15/04/2022

LSL Select Price Report – Sheep Mart 08/04/2022

Friday’s selected Sheep Mart Price Report: Copyright LSL Auctions. SH 30-40KG Avg Price/Kg2.92/kgHighest Price/Kg Lots:, 38kg 3.15/kg 118.00, 33kg 2.70/kg 89.00 SH 40-50KG Avg Price/Kg2.12/kgHighest Price/Kg Lots:, 48kg 3.35/kg 162.00, 46kg 3.30/kg 152.00, 42kg 3.29/kg 138.00, 44kg 3.28/kg 145.00, 47kg 3.21/kg 150.00, 42kg 3.18/kg 132.00 SH 50-60KG Avg Price/Kg2.06/kgHighest Price/Kg Lots:, 51kg 3.23/kg 164.00, 55kg 3.05/kg 168.00, 56kg 3/kg 168.00, 55kg 3.00/kg 166.00, 58kg 2.90/kg 169.00, 50kg 2.8/kg 140.00 SH…

LSL Select Price Report – Cattle Mart 08/04/2022

Friday’s selected Cattle Mart Price Report: Copyright LSL Auctions. BULLOCK-M 300-400KG Avg Price/KgCHX 2.92/kgLMX 2.66/kgSIX 2.92/kgHighest Price/Kg Lots:CHX, 380kg 3.16/kg 1200.00LMX,CHX, 332kg 3.13/kg 1040.00CHX, 365kg 3.12/kg 1140.00CHX, 330kg 3.06/kg 1010.00CHX, 385kg 2.99/kg 1150.00LMX, 345kg 2.99/kg 1030.00 BULLOCK-M 400-500KG Avg Price/KgCH 2.40/kgCHX 2.75/kgLMX 2.73/kgHighest Price/Kg Lots:LMX, 490kg 3.06/kg 1500.00LMX, 440kg 3.05/kg 1340.00LMX, 483kg 3.02/kg 1460.00BBX, 465kg 2.99/kg 1390.00LMX, 443kg 2.96/kg 1310.00PTX, 440kg 2.95/kg 1300.00 BULLOCK-M 500-600KG Avg Price/KgCHX 2.76/kgLMX 2.79/kgHighest Price/Kg…

EFRA projects a shrinkage of UK’s food production sector

A report by the Commons Environment, Food and Rural Affairs Committee (EFRA) has indicated that the UK food production industry would “permanently” shrink unless problems were dealt with. MPs have warned that labour shortages as a result of Brexit and the pandemic are set to make Britain more dependent on food imports. MPs also added that crops are going unharvested and rotting in the fields, as seasonal agricultural labourers from…

Krone confirms construction of Logistics Centre

Preliminary work on the construction of the new Krone Parts and Logistics Center in Spelle has begun with the erection of a fence and the removal of topsoil. Krone is constructing a state-of-the-art parts warehouse with a logistics center and offices on approximately 7.5ha on the south entrance to Spelle, Germany. The €40 million investment is expected to be operational by the end of 2023. Bernard Krone, Chair of…

Reduction in first-quarter land deals compared to 2021

A comparative analysis of development land deals in the first quarter of 2022 shows a large drop in the value of development – as only 14 land sales generating €70m were completed. This in comparison to last year, which clocked up €107m-worth of deals in the first quarter. CBRE figures indicate that only a small proportion of the 235 acres sold this year was in Dublin – with the majority…