THE ninth edition of the Irish Farmers Journal Land Price Report was published by the Irish Farmers Journal this week, reporting that the average price of land per acre decreased by 9.9% to €8,914 in 2015.

Speaking at the launch of the report on Wednesday, Editor Shirley Busteed said that the market has been trying to correct itself since 2009, when the price collapsed from €20,200/acre in 2007 to €10,200/acre. Last year was the sixth year in a row that the national average has failed to reach the €10,000/acre mark.