Nailing down an ‘average’ value for pastureland can be difficult because some pastures are desirable and some are not
WINNIPEG — A recent report from Farm Credit Canada suggests that pastureland in Manitoba is valued at $500 to $700 per acre, on average. Those estimates seem low to Ben Hamm, farm management specialist with Manitoba Agriculture. Hamm, who raises cattle in southeastern Manitoba, said land prices in his region are much higher than $500 […] Read moreTag Archives farmland value — page 2
FCC report shows farmland values still rising
Farm Credit Canada’s Farmland Values Report for 2023 had some surprises as well as some head scratchers. Saskatchewan’s farm income levels have been very strong, but it was still a bit surprising to see the province lead the rest of the nation with a 15.7 percent increase in cultivated farmland values, ahead of Manitoba at […] Read more
Farmland value growth slows
Glacier FarmMedia – Farmland is still getting more expensive, but not quite as quickly as in recent years, according to the latest farmland value report from Canada’s biggest agricultural lender. Farm Credit Canada put average national farmland value growth in 2023 at 11.5 percent, down from 12.8 percent in 2022. Related stories: Understanding farmland values […] Read more
Investors hot on U.S. farmland
Reuters — Investment funds have become voracious buyers of U.S. farmland, amassing more than a million acres as they seek a hedge against inflation and aim to benefit from the growing global demand for food, according to data reviewed by Reuters and interviews with fund executives. The trend worries some U.S. lawmakers who fear corporate […] Read more
Farmland prices increase 17 percent in Sask.
Higher interests have had little affect on farmland values as they jump 12.2 percent nationally from June 2022 to July 2023
The value of Canadian farmland continues to rise, despite interest rates that are supposed to control inflation. From July 2022 to June 2023, farmland prices in Canada jumped by 12.2 percent, says an FCC report released Oct. 4. In Saskatchewan, farmland values increased 17 percent during the period, the largest gain of any province. “Even […] Read more
Farmland price jumps 17 percent in Sask.
The value of Canadian farmland continues to rise, despite interest rates that are supposed to control inflation. From July 2022 to June 2023, farmland prices in Canada jumped by 12.2 percent, says an FCC report released Oct. 4. In Saskatchewan, farmland values increased 17 percent during the period, the largest gain of any province. “Even […] Read more
Set a landmark on the horizon to guide land acquisition
There are many tax incentives for farmers owning farmland including the lifetime capital gains exemption and the intergenerational rollover of farmland to a child or grandchild. Both can save or defer significant tax but require the land be owned personally for maximum flexibility.
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.
Take a deep dive into farmland cash rental rates
A year ago, I wrote about Farm Credit Canada coming out with an interesting analysis of the rent to price ratio for farmland across the country. A new report has now been released reflecting cash rental rates negotiated in the fall of 2022. The rental rates report generates much less attention than FCC’s Farmland Values […] Read more
Canadian farmland values continue to increase
FCC says land prices rose last year by 14.2 percent in Saskatchewan, 11.2 percent in Manitoba and 10 percent in Alberta
A wise man once said nothing is certain in life, except death and taxes. Perhaps, he should have added rising farmland values to the list. Earlier this week, Canada’s largest farm lender Farm Credit Canada confirmed that the average value of productive Canadian dirt is on the rise again. In its annual Farmland Values Report […] Read more
