It’s not shocking to find that those who think the future looks good are more likely to want to expand than those who see the future more glumly, but exactly why the future looks so different to different producers isn’t clear.
Tag Archives farm size
Understanding farmland values helps provide perspective
Will farms continue to become larger? I think most people would think so but we don’t know what the future will bring. To gain an understanding of the financial implications of growth in farm size, any farm can use historical financial information to gain perspective on data in the recent farmland values report from Farm Credit Canada.
Big, bigger, biggest
Back in 2011, large farms owned and operated about 41 million acres of cropland and rangeland in the three prairie provinces. By 2021, they controlled about 46 million acres, having consolidated about five million acres in a single decade.
It was land once farmed by thousands of families.
Bigger farms may prompt uncomfortable questions
Clearly, this is a trend that isn’t likely to go away, so it’s important for the agricultural sector to figure out how it should be managed.
