Reading Time: 2 minutes Buying farmland became more costly in 2024, according to Farm Credit Canada.
Tag Archives farmland
Farmland becoming less affordable: FCC
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.
Alberta renewable ban could hurt $11 bln in investments, says study
Farmland-protecting approach puts province at loggerheads with federal Liberals' green energy plans
Reading Time: 2 minutes Canadian province Alberta's ban on some renewable projects could hurt $11.1 billion in investments and stall up to 6.3 gigawatts (GW) of solar and wind power capacity, a study said on Monday.
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
Brazil tells landowners to stop setting fires in Amazon ‘climate emergency’
Properties could be embargoed, agency says
Reading Time: 2 minutes Sao Paulo | Reuters — Brazil’s government told ranchers and farmers on Friday to stop setting fire to the Amazon rainforest as clouds of dense gray smoke make the air increasingly unbreathable in the northern city of Manaus, threatening sanctions if they do burn areas of land. “Fire is not natural in the Amazon, it […] 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
Saskatchewan drainage work rebates expanded to farmers
Channel clearing, drain maintenance program shares eligible costs
Reading Time: 2 minutes A program to help rural Saskatchewan municipalities and local authorities cover costs of channel clearing and maintaining drains for flood prevention will now expand to include individual landowners. The province’s Water Security Agency (WSA) said Friday its $1 million cost-share rebate program will expand its eligibility beyond RMs, conservation and development area (C+D) authorities and […] Read more
Brazil justice grants Congress more time on bill limiting Indigenous rights
Case pits Indigenous against Big Ag
Reading Time: 2 minutes Brasilia | Reuters — A Brazilian Supreme Court justice on Wednesday asked for more time to study a case pitting the country’s Indigenous people against its powerful farm sector, a decision that is likely to give lawmakers more time to pass a measure favouring Big Agriculture. The decision by Justice Andre Mendonca, an Evangelical pastor […] 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
North Korea’s Kim demands more farmland to boost food production
Reading Time: 2 minutes Seoul | Reuters — North Korean leader Kim Jong Un ordered improvements to infrastructure and expansion of farmland to ramp up food production, state media said on Thursday, amid warnings of an impending food crisis. Kim gave instructions to revamp irrigation systems, build modern farming machines and create more arable land as he wrapped up […] Read more