Despite significant interest rate hikes, Farm Credit Canada (FCC) is reporting continued increases in farmland values across Canada. According to the FCC report, Manitoba’s average farmland values increased by 6 per cent in the first six months of 2022. Alberta values were just behind that at 5.9 per cent and Saskatchewan was just above the […] Read more
Tag Archives farmland values
Farmland prices remain buoyant in the face of interest rate hikes
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 farmland value growth lower than national average
Some areas of the province, especially around cities, saw higher farmland value increase
A tight market for farmland in Canada and good crop prices continue to drive increasing land value, although the increase in Ontario in 2020 was lower than in 2019. Farm Credit Canada (FCC) recently released its 2020 farmland value report, which showed a 4.7 per cent increase in Ontario values, compared to a 6.7 per […] Read more
Canadian farmland trending less affordable in FCC report
Average values continue rising across board
The average value of farmland in Canada is continuing to rise faster than farmers’ ability to generate revenue from it, Farm Credit Canada’s latest Farmland Values Report suggests. The report, released Monday, shows the average value of Canadian farmland rose 5.2 per cent in 2019 over 2018, the smallest year-over-year increase since 2010, and down […] Read more
Report shows slower pace for rising farmland values
While lower-valued farmland more often showed a higher rate of increase, and price hikes varied from region to region, Canada’s farmland values on average have booked their slowest year-over-year rate of increase in almost a decade. That’s according to the annual Farmland Values Report from Farm Credit Canada (FCC), in which the federal ag lending […] Read more
Farmland values rise, but interest rates curb market
CNS Canada — Prices of Canadian farmland were seen rising in 2017, with most sales happening in the first half of 2017 before interest rate increases and the drought in Western Canada hit. That’s according to the annual Farmland Values Report released Monday by Farm Credit Canada (FCC), based on 90 per cent of farmland […] 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
Ag sector equity rises in 2016
CNS Canada –– Agriculture sector equity rose slightly in 2016, according to a Statistics Canada balance sheet on the industry. Farm sector equity totaled $500.3 billion for the year ending Dec. 31. That’s a 4.5 per cent increase, or $21.6 billion, from the same period a year ago, according to the report released Wednesday. Farm […] Read more
FCC sees increase in Canadian farmland values slowing
Farmland values in Canada, on average, appreciated in 2016 — and while it was less of an increase than the year before, the gain easily beat a bank GIC. Land prices here in Manitoba, which have been rising steadily since 1992, on average gained 12 per cent in both 2015 and 2014. But after four […] Read more
Farmers’ debt seen hitting fresh record high
Reuters — Canadian farmers’ debt will likely reach another record high this year, while land appreciation slows and incomes flatten, but the industry is still in strong financial shape, the country’s biggest agriculture lender, Farm Credit Canada, forecast on Tuesday. FCC, the federal Crown ag lending agency, sounded a note of caution for farmers, who […] Read more
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