Reading Time: 2 minutes The Quebec and federal governments are putting up funds for a different kind of online match site: one to connect aspiring young farmers with producers who are either retiring or wanting to sell or rent farmland. The two governments on Tuesday announced $300,000 for the Centre de reference en agriculture et agroalimentaire du Quebec (CRAAQ) […] Read more
Quebec service to match farmland sellers, young buyers
China money, market spur Canadian blueberry deluge
Reading Time: 4 minutes Richmond, B.C. | Reuters — An aging mansion sits vacant on an estate outside Vancouver, the garage overtaken by a blueberry sorter and a walk-in cooler packed with the fruit. The owner, an investor from mainland China, leases the estate to Fred Liu at such a bargain the farmer grows blueberries in its fields even […] Read more
South Africa’s parliament approves land expropriation bill
Reading Time: 2 minutes Johannesburg | Reuters — South Africa’s parliament on Thursday approved a bill allowing state expropriations of land to redress racial disparities in land ownership, an emotive issue two decades after the end of apartheid. Most of South Africa’s land remains in white hands and many commercial and small-scale farmers are currently facing tough times because […] Read more
Farmland for rent
Too often it seems you don’t hear land is up for rent until you learn someone is already renting it
Reading Time: 7 minutes It isn’t like commercial real estate, or even like housing markets where so much information is available. If you’re interested in a house, for example, your realtor can tell you what the last six houses sold for in the same neighourhood. If you want to rent office space in downtown Calgary or Toronto, finding out […] Read more
Kazakhstan land protests widen in challenge to leader
Reading Time: 2 minutes Almaty | Reuters — Hundreds of people staged street protests in two cities in Kazakhstan on Wednesday over land reform, Kazakh media and local activists reported, a rare act of defiance that could pose a challenge to the leadership of President Nursultan Nazarbayev. The protests, a continuation of demonstrations that began on Sunday, were sparked […] Read more
Manitoba, Canadian farmland values up again in 2015
Farm Credit Canada says the annual percentage increase in farmland values is getting smaller
Reading Time: 4 minutes Manitoba farmland values led the way with the highest average percentage increase in Canada last year, says Farm Credit Canada (FCC). But the pace of increases the last few years here and across Canada is slowing in step with the plateauing of farm cash receipts, and slower drop in interest rates, J.P. Gervais, FCC’s chief […] Read more
England’s farmland prices fall ahead of Brexit vote
Reading Time: < 1 minute London | Reuters –– Farmland prices in England fell by 3.2 per cent in the first quarter of this year — the largest quarterly decline since 2008, weighed partly by uncertainty ahead of the June 23 referendum on European Union membership, estate agent Knight Frank said. Knight Frank’s Farmland Index fell to 19,538 pounds (C$35,881) […] Read more
Saskatchewan farmland off limits for pension plans next month
Reading Time: 2 minutes Reuters/Staff — New rules for buying farmland in Saskatchewan, Canada’s biggest wheat- and canola-growing province, will take effect Jan. 4, and toughen its ban on pension plans investing, the provincial government said Monday. The changes make more explicit an existing ban on pension plans and trusts from buying land and continue to limit purchases of […] Read more
Australia blocks foreign firm’s deal for largest farm owner
Reading Time: 2 minutes Sydney | Reuters –– Australia on Thursday blocked the sale of the country’s largest landowner, private farming group S. Kidman and Co., to foreign investors, saying an agricultural area the size of South Korea should remain in Australian hands. Ownership of farmland is a sensitive political issue in Australia amid concerns that foreign buyers are […] Read more
India’s Modi battles opposition to key land reform
Reading Time: 2 minutes New Delhi | Reuters — India’s opposition parties boycotted Prime Minister Narendra Modi’s latest attempt to build consensus around a business-friendly land bill Wednesday, boding badly for his ambitious agenda of economic reform in a parliament session that starts next week. Almost half of India’s 31 chief ministers spurned Modi’s invitation to meet him in […] Read more