Buying farmland became more costly in 2024, according to Farm Credit Canada.
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Tag Archives farmland prices
Farmland becoming less affordable: FCC
Northern land prices make farm expansion attractive
Highland Custom Farming brings its innovative approach to a new Iroquois Falls venture
Highland Custom Farming is expanding its successful model to Iroquois Falls where land is affordable, providing the next generation of farmers with options.
Opinion: Diversity model may buffer risk of farmland buys
Should farmers consider ecological diversity as a risk management tool?
Glacier FarmMedia – It’s the time of year that farmland often changes hands. This spring, there is an increase of sales in certain sectors, driven by land stress and owners’ inability to weather another financial or literal storm. Many of these properties are monocultures or singularly focused production units and highly dependent on one source […] Read more
Renting land better than buying for cash flow: FCC
Each farm needs to make the decision themselves, but a bit of analysis can help when choosing
Rising farmland values and higher interest rates have swung the affordability pendulum in favour of renting, not buying, farmland.
Amish community relocates after nearly 65 years
Skyrocketing land prices spur communal decision
A farming neighbourhood south of St. Marys saw slow but steady changes in the landscape during the past year as a long-established Amish community disbanded and dispersed. Change came in the form of powerlines extended to houses where previous residents went without electricity, fence lines bulldozed and huge maples downed on the edges of woodlots […] Read more
The prospect of farming in the Great Clay Belt
It may be too daunting for some, but the potential is there
It’s an area larger than the total acreage now farmed in Ontario, yet the prospect of clearing, tiling and bringing the 16 million acres of the Great Clay Belt to productivity is questionable, if not daunting. It has taken producers in Ontario’s ‘Near North’ region of Temiskaming Shores, Earlton and Englehart more than 50 years […] Read more
U.S. Lawmakers seek to limit corporate, foreign ownership of farmland
Farm groups, lawmakers are concerned that foreign, investor ownership is driving up prices and threatening national security
Washington | Reuters – U.S. lawmakers from both parties are pushing legislation that would limit who can own American farmland, with a latest effort from Democratic Senator Cory Booker aimed at curbing corporate ownership. Farm groups and lawmakers are concerned that land buys by investors and foreign countries are driving up farmland prices and threatening […] Read more
Pressure increases on farmland
CAPI report highlights what’s needed to save farmland while increasing production and protecting the environment
Ensuring Canada remains an agricultural powerhouse requires concerted efforts to preserve the country’s natural capital and resources, particularly farmland, according to a recent Canadian Agri-Food Policy Institute (CAPI) report. With long-term planning, the pressures affecting agricultural productivity and farmland loss in Canada can be navigated, bringing greater prosperity and environmental improvement at home, as well […] Read more
Buy or rent? Land rent-to-price ratio can help farmers decide
FCC sees current ratios on farmland as (roughly) stable
Higher interest rates don’t seem to be affecting the ratio between land values and land rental costs — at least, not yet. Farm Credit Canada’s latest analysis of farmland rental prices says they’re roughly maintaining their traditional linkage, says J.P Gervais, the organization’s chief economist. “We were curious to see whether that would bring up […] Read more
Farmland values exceed expectations
Ontario leads the country with 19.4 per cent increase
Average farmland prices were up 12.8 per cent in Canada in 2022, the largest increase seen since 2014 when the increase was 14.3 per cent. The increase follows gains of 8.3 per cent in 2021 and 5.4 per cent in 2020. J.P. Gervais, FCC’s chief economist, said the numbers were a little bit of a […] Read more
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