Reading Time: 2 minutes The total equity of the Canadian farm sector rose nearly eight per cent in 2023 while farm assets rose more than seven per cent according to Statistics Canada’s 2023 balance sheet.
Farm equity, asset values up in 2023: StatCan
Farms' ability to pay debts declined but balance sheet remains strong
Farmland value growth slowed in 2023, FCC says
Saskatchewan, Quebec and Manitoba saw strongest growth in 2023, report shows
Reading Time: 2 minutes 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.
NFU takes demand for ban on investor ownership to Parliament Hill
Organization's youth caucus concerned amid ‘transition crisis’
Reading Time: 3 minutes Members of the National Farmers Union (NFU) gathered on Parliament Hill Wednesday to demand a ban on investor ownership of farmland. The demonstration was organized by the NFU Youth Caucus and Farm Workers’ Working Group. The goal was to demand protection of food sovereignty and help farmers, especially young ones, gain more access to farmland. […] Read more
U.S. Lawmakers seek to limit corporate, foreign ownership of farmland
Farm groups, lawmakers are concerned that foreign, investor ownership is driving up prices and threatening national security
Reading Time: 2 minutes Washington | Reuters – U.S. lawmakers from both parties are pushing legislation that would limit who can own American farmland, with a latest effort from Democratic Senator Cory Booker aimed at curbing corporate ownership. Farm groups and lawmakers are concerned that land buys by investors and foreign countries are driving up farmland prices and threatening […] Read more
Buy or rent? Land rent-to-price ratio can help farmers decide
FCC sees current ratios on farmland as (roughly) stable
Reading Time: 4 minutes Higher interest rates don’t seem to be affecting the ratio between land values and land rental costs — at least, not yet. Farm Credit Canada’s latest analysis of farmland rental prices says they’re roughly maintaining their traditional linkage, says J.P Gervais, the organization’s chief economist. “We were curious to see whether that would bring up […] Read more
Farmland values exceed expectations
Ontario leads the country with 19.4 per cent increase
Reading Time: 3 minutes 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 […] Read more
Farmland prices remain buoyant in the face of interest rate hikes
Reading Time: 3 minutes Despite significant interest rate hikes, Farm Credit Canada (FCC) is reporting continued increases in farmland values across Canada. According to the FCC report, Manitoba’s average farmland values increased by 6 per cent in the first six months of 2022. Alberta values were just behind that at 5.9 per cent and Saskatchewan was just above the […] Read more
Canadian farmland trending less affordable in FCC report
Average values continue rising across board
Reading Time: 3 minutes 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 […] Read more
Report shows slower pace for rising farmland values
Reading Time: 2 minutes 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 […] Read more
Less of the same
Realtors report farm sales are slowing and that prices are stabilizing, which may be best for everyone
Reading Time: 5 minutes Barring major shocks to the agriculture sector, the outlook is for continued strong farmland values and tight farmland availability in Canada for the foreseeable future. “By and large, we see a very healthy, very robust farmland market out there, and it seems to be continuing,” says Tom Eisenhauer, president and CEO of Toronto-based Bonnefield, Canada’s […] Read more
A message from April Stewart, Country Guide's Associate Editor
