Southwestern Ontario farmland values continued to soar in 2022, with some of the most significant increases occurring in what were, at one time, historically undervalued counties. According to the latest farmland values report from Valco, a London-area real estate appraiser, farmland values across the 11 Southwestern counties increased by 25.65 per cent. This, said author […] Read more
Tag Archives farmland prices — page 2
Ontario land values rise by double digits – again
Grey, Essex, Elgin see rates climb well over 30 per cent
As crop yields climb in Grey and Bruce counties, so do land prices
Southwestern Ontario buyers flock north, but land values are rising quickly
Two years of strong growing conditions have increased yields in Grey County so they are now similar to those in northern Huron County. Why it matters: When the value of land rises in areas where it once was less expensive, it drives up land values in the rest of the province. “Not only is agronomics […] Read more
Home Grown marks one-year anniversary
OFA's campaign champions the protection of agricultural land
The Home Grown campaign underscores one unalienable truth – you cannot farm without farmland, said Peggy Brekveld. The Ontario Federation of Agriculture’s (OFA) advocacy and awareness campaign is now one year old, and is beginning to gain traction around responsible land planning policies that acknowledge the importance of preserving farmland to support the production of […] Read more
Ontario tops farmland value increases at 22.2 per cent
Strong commodities and tight land supply contributors to the gain
Ontario’s farmland values increased exponentially in the last year across all regions, according to the 2021 Farm Credit Canada (FCC) Farmland Values report. Ontario reported the sharpest increase at 22.2 per cent, quadruple what it was in 2020, followed by British Columbia at 18.1 per cent, said the FCC report. Why it matters: Rising farmland […] Read more
Producers drive land value market, realtors say
Non-farm investors tend to purchase farm land when crop margins are thin and farmers can’t pay a premium
Glacier FarmMedia – Farmers cause farmland prices to rise but non-farmer investors stop land values from falling too much, say two real estate professionals based in the U.S. Midwest. “Farmers drive the market,” said Howard Halderman, president of Halderman Farm Management Service of Wabash, Indiana. “I tend to think it’s farmers paying the highest prices.” […] Read more
Ontario farmland values continue to jump
Nationally, the 2019 increase tied for the lowest in 10 years
Ontario led Canada’s major agriculture producing provinces in farm land value increases in 2019 according to Farm Credit Canada’s (FCC) annual summary of land sales across the country. The Maritime provinces led the increases with 22.6 per cent in Prince Edward Island and 17.2 per cent in New Brunswick. A 5.2 per cent increase across […] Read more
Ontario farmland price increase drops to lowest level since 1999
Across the country, farmland values rose but not as much as in other recent years
Farmland in Canada continues to get more expensive, but commodity prices and less demand for land from some sectors means land value increases in 2018 have slowed compared to the previous two years. The 2018 Farm Credit Canada (FCC) Farmland Values Report shows Canadian farmland values, in price per acre, increased by 6.6 per cent, […] Read more
Ontario farmland price increases outpace national gains
Good crops, good prices and a strong supply management sector is fuelling demand
The average value of Ontario farmland increased 9.4 per cent in 2017, slightly ahead of the national gain of 8.4 per cent the latest price report from Farm Credit Canada (FCC) says. “Ontario’s farmland value increases continued to be fuelled by the strong demand from supply-managed farm operations and cash crop producers competing for a limited […] Read more
Southern Ontario farmland price jumps
The threat of interest rate increases hasn’t dampened the price southern Ontario farmers are paying for land. The annual Valco study of land values showed an increase in value for farmland sold in 2017 of 9.76 per cent compared to 2017. The median price for land in the surveyed area is $12,710 per acre. This […] Read more
Southern Ontario median farmland price jumps in 2017
The threat of interest rate increases hasn’t dampened the prices southern Ontario farmers are paying for land. The annual Valco study of land values showed an increase in value of 9.76 per cent for farmland sold in 2017 over 2016. This increase is the largest since 2013. The median price for land in the surveyed […] Read more
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