Insights and Stories on Farmland Values

Apr. 27, 2023 at 4:20 pm CDT

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 […]

By Don Norman

Mar. 13, 2023 at 11:39 am CDT

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 […]

By Don Norman

Oct. 7, 2022 at 10:21 am CDT

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 […]

By Don Norman

Apr. 6, 2020 at 12:44 pm CDT

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 […]

By Dave Bedard

Apr. 29, 2019 at 8:39 pm CDT

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 […]

By GFM Staff