All agricultural land in Alberta is not created equal and valuations of farm and ranch land can have wide variances, according to the Canadian Association of Farm Advisors. However, understanding the market forces will help producers get the best price. Farmland values in Alberta can range from $2,400 an acre in the Peace Country to […] Read more
Tag Archives farmland value — page 3
Rising interest rates may affect farmland prices
Farm Credit Canada expects cautious demand for land as interest rates climb higher, depending on producers’ income
Higher interest rates have so far not affected Canadian farmland values, according to a report from Farm Credit Canada. But chief economist J.P. Gervais said the next six months will tell the tale, because many of the land transactions in the report occurred before the significant hikes. The mid-year report found values continued to go […] Read more
Farmland values increase more than last year
The national average rose by 8.3 percent last year, outpacing a 5.4 percent increase in 2020 and 5.2 percent in 2019
The market for Canadian farmland showed no signs of softening in 2021 despite weather-related challenges that affected farm productivity across much of the country, said Canada’s largest farm lender. According to Farm Credit Canada’s 2021 Farmland Values Report, farmland values across the country rose by a weighted average of 8.3 percent last year, outpacing a […] Read more
Landowner upbeat on prices
The largest farmland owner in Canada differs with the country’s largest farm lender on where land values are heading in 2022. Farm Credit Canada recently told The Western Producer that the ratio of land prices to farm income is at a historic high point with little room for future growth. FCC chief economist J.P. Gervais […] Read more
Inflation sparks land interest
Looking for a stable Canadian investment that has a history of outperforming inflation? Look no further than western Canadian farmland. That’s the message from Veripath Farmland Partners LP, a Calgary-based farmland partnership that owns about 90,000 acres of productive farmland in Canada’s three prairie provinces, primarily Saskatchewan. “Farmland has very interesting characteristics but there’s not […] Read more
Farmland continues to be a great investment
It’s not quite like the 2011-15 timespan when farmland prices increased by 10 to 20 percent annually, but land prices continued to rise in 2020. Considering the grain price outlook for 2021, values should continue to boom. Farm Credit Canada is reporting average farmland prices last year increased six percent in Alberta, 5.4 percent in […] Read more
Farmland values rise 5.4 percent nation-wide
Farmland values across Western Canada continued their upward trend in 2020, despite a global pandemic that turned the rest of the Canadian economy on its ear. Average farmland values rose by six percent in Alberta last year, 5.4 percent in Saskatchewan and 3.6 percent in Manitoba, Farm Credit Canada said in its 2020 Farmland Values […] Read more
Farmland values still rising, but rate of increase slowing
Canadian farmland values continued to climb during the first half of 2020, according to an interim valuation review by agricultural lender Farm Credit Canada. But the appreciation rate is not as rapid as it was a few years ago. Across Canada, farmland values rose on average by 3.7 percent during the first six months of […] Read more
Farmland value rate increases are slowing
Canadian farmland values are still on the rise, according to Farm Credit Canada, but the rate at which they are rising is slowing. In its 2019 Famland Values Report, FCC said the average value of farmland across Canada increased by 5.2 percent in 2019. That’s the smallest annual increase in at least a decade. The […] Read more
Farmland value increases slow down
Farmland values across Canada are still rising but at a lower rate than recent years. Farm Credit Canada reviewed the first six months of 2019 and found a national average increase of three percent, compared to 6.6 percent for the entire year of 2018. However, FCC chief economist J.P. Gervais said he expects little change […] Read more
