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Tag Archives farmland prices — page 2

Ontario land values rise by double digits – again
News

Ontario land values rise by double digits – again

Grey, Essex, Elgin see rates climb well over 30 per cent

By
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
As crop yields climb in Grey and Bruce counties, so do land prices
News

As crop yields climb in Grey and Bruce counties, so do land prices

Southwestern Ontario buyers flock north, but land values are rising quickly

By
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
suburban development
News

Home Grown marks one-year anniversary

OFA's campaign champions the protection of agricultural land

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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
News

Ontario tops farmland value increases at 22.2 per cent

Strong commodities and tight land supply contributors to the gain

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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
File image: Farmland in Canada.
Markets, News

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

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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’s farmland value range. Note that not enough land exchanged hands to create reliable data from the further north regions of the province.
News

Ontario farmland values continue to jump

Nationally, the 2019 increase tied for the lowest in 10 years

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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
The Canadian average shows a 6.6 per cent increase in farmland values.
News

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

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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 prices increased 9.4 per cent on average in 2017.
News

Ontario farmland price increases outpace national gains

Good crops, good prices and a strong supply management sector is fuelling demand

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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 has jumped despite stagnant crop prices. Photo: John Greig
News

Southern Ontario farmland price jumps

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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
File: Ontario farmland.
Crops, Markets

Southern Ontario median farmland price jumps in 2017

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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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