“We have not yet seen the full impact of higher interest rates on the demand for farmland.” J.P. Gervais.  Graphic: Farm Credit Canada

Farmland values exceed expectations

Ontario leads the country with 19.4 per cent increase

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 a little bit of a

Today’s farms are bigger, more resourceful, and more efficient.

Comment: Farmland prices continue to go up… and up

Farmland is getting expensive, and that’s not necessarily a bad thing

We all know what’s happening to real estate these days. Everything got more expensive in a hurry, fueled by rock-bottom interest rates. But farming has also been impacted by lower interest rates and investors looking for safety and better yields. The increase in farmland value in Canada has been nothing short of spectacular. The value


“The low interest rate environment and favourable commodity prices seem to have offset some of the many challenges that could have been expected to restrain the demand for farmland...” – J.P. Gervais, Farm Credit Canada.

Manitoba farmland value rises fastest in Prairie region: FCC

Demand from farmers looking to expand operations outstripping supply

Manitoba has led the Prairie pack in a year of advancing farmland prices across Canada. A report from Farm Credit Canada (FCC), released on March 14, revealed that Manitoba saw a 9.9 per cent increase in farmland prices in 2021, the largest among the Prairie provinces, and its largest increase since 2015 (when prices rose

Should farmers be pleased that land prices appear to have room to rise or should they be pleased that today’s rocketing land prices might be running out of fuel?

Opinion: Up, down or sideways??

Farmland values picture becomes unclear when you delve into the numbers

It’s the choices we make in the good times, the grandson of a Kansas homesteader once told me, that determine our farming successes, not the choices we make in the bad times. Why? Because, he explained, in the good times we have the money to make big mistakes and in the bad times we’re too


Farm consolidation good for Canadian agriculture

Farm consolidation good for Canadian agriculture

Sylvain Charlebois holds forth on Canadian agriculture and food

Farm consolidation is good, cultured meat has a rosy future and the carbon tax needs greater analysis. Sylvain Charlebois, Canada’s self-described ‘Food Professor’ and director of Dalhousie University’s Agri-Food Analytics Lab, elaborated on those points in a wide-ranging talk at the September Canadian National Millers Association’s annual meeting in Montebello, Que. “I think consolidation is

“Land not paying for itself is more likely to occur now given the ratio of land prices to farm revenues...” – J.P. Gervais, Farm Credit Canada.

What’s the driving force behind Manitoba farmland values?

KAP is going over the Manitoba Farm Lands Ownership Act with a fine-tooth comb

The only way for a young person to acquire farmland, the joke goes, is through the church, since it takes a funeral or a wedding. An inheritance or marriage aren’t the only ways, but the quip underscores that high land prices make it difficult for beginning farmers. “It’s extremely frustrating for me and many young farmers in this area (near Elie,


North Dakota land values hold steady

North Dakota land values hold steady

Below the border, North Dakota cropland values and cash rents remain flat, says Bryon Parman, North Dakota State University agricultural finance specialist. “Despite the lower commodity prices of the last several years, the longer-term averages have been aided by low interest rates, farm programs and ad hoc payment programs designed to help farmers meet cash

Canadian, Manitoba farmland values higher in 2019

Canadian, Manitoba farmland values higher in 2019

The yearly growth has slowed in recent seasons and that trend is expected to continue

Average Manitoba farmland values rose four per cent in 2019, just slightly higher than the 3.7 per cent increase recorded in 2018, Farm Credit Canada (FCC) says in its 2019 Farmland Values report released April 6. The biggest increase — 8.9 per cent — was in the Eastman region followed by 4.7 per cent in


A recent Farm Credit Canada report says land purchases by next-generation producers from producers exiting the industry accounted for many transactions.

A closer look at Manitoba farmland values

Eastman region saw the highest percentage increase at 8.2 per cent

Manitoba’s modest four per cent increase in farmland values in 2019 coincided with a mixed year for farmers. Cereal and canola yields were generally average, with lower yields for soybeans, corn and sunflowers, the Farm Credit Canada (FCC) report says. A lot of potatoes didn’t get harvested due to wet weather, some crops went unharvested, while hay, pasture and feed corn were hurt during

We need to have some type of avenue for young farmers, who are not at 85 per cent equity because this land will not pay for itself.” – Bill Campbell, KAP president

KAP passes resolutions on farmland access

Delegates raised concerns of private investors buying land and squeezing farmers out of the market

Access to land, particularly for young farmers, was front and centre on the second day of Keystone Agricultural Producers’ (KAP) annual general meeting. Two resolutions related to increasing land access passed in the final day of the meeting. The first called on KAP to lobby for tax breaks for landowners who rent or sell to