(Dave Bedard photo)

Canadian farmland trending less affordable in FCC report

Average values continue rising across board

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 increase since 2010, and down


A host of factors such as blows to commodity prices, global trade uncertainty and weather challenges have impacted farmland values.

Manitoba bucks slower farmland value growth trend

The Keystone province saw growth nearly three per cent higher than the national average

Manitoba is the lone province to buck a trend toward lower farmland values growth. A recently released Farm Credit Canada review found only modest national growth this year, falling from 6.6 per cent in 2018 to a 3.3 per cent annualized increase in the first half of 2019. Manitoba, however, notched a 6.2 per cent

(Dave Bedard photo)

Report shows slower pace for rising farmland values

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 which the federal ag lending



Manitoba’s percentage increase on farmland values was the second smallest of nine provinces.

Manitoba, Canadian farmland values still increasing

The rate of increase in Manitoba farmland values has slowed, but it’s expected to keep appreciating this year

Manitoba farmland values, up 25 years in a row, increased an average of five per cent in 2017 Farm Credit Canada (FCC) says in its 2017 Farmland Values Report released April 23. “In general, Manitoba saw higher-priced land values remaining relatively stable, while low- to mid-priced land values recorded increases,” the report says. Manitoba’s percentage

(Country Guide file photo)

Ag sector equity rises in 2016

CNS Canada –– Agriculture sector equity rose slightly in 2016, according to a Statistics Canada balance sheet on the industry. Farm sector equity totaled $500.3 billion for the year ending Dec. 31. That’s a 4.5 per cent increase, or $21.6 billion, from the same period a year ago, according to the report released Wednesday. Farm

Most Canadian farmers saw higher farmland values

Most Canadian farmers saw higher farmland values

Prince Edward Island saw the largest annual increase in the country

Provincial farmland values, on average, were all up in 2016, except for Newfoundland-Labrador, where there was insufficient data. Prince Edward Island (P.E.I.) saw the largest jump at 13.4 per cent. “The main reason for the increases was farming enterprises wanting to gain additional acres to supplement crop rotation cycles and for additional feed production,” Farm



Aerial view of crops

Farmland declines will continue

Three years ago I stated, “No one knows the future, but there is a good possibility that we have seen the last of the rising land-value reports for a while.” This was a strong statement, considering it was made a few weeks after an Aug. 2, 2013, U.S. Department of Agriculture report confirmed what surveys