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Farmland prices, on average, were up 12.4 per cent and 10.1 per cent in Manitoba and Canada, respectively, says Farm Credit Canada’s chief economist J.P. Gervais. The annual rise in farmland values is slowing, but still expected to be positive in 2016 so long farm cash receipts remain stable.
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Manitoba, Canadian farmland values up again in 2015

Farm Credit Canada says the annual percentage increase in farmland values is getting smaller

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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
Swaledale, a dale (valley) in Yorkshire. (CIA.gov)
Livestock, Reuters

England’s farmland prices fall ahead of Brexit vote

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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
(Dave Bedard photo)
Crops, Markets

Saskatchewan farmland off limits for pension plans next month

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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’s Treasurer Scott Morrison, shown here earlier this year, has blocked the sale of S. Kidman’s farmland holdings to overseas bidders. (ScottMorrison.com.au)
Beef Cattle, Livestock, Markets, Reuters

Australia blocks foreign firm’s deal for largest farm owner

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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
Traffic between Delhi and Agra. Prime Minister Narenda Modi is urging reforms to free up land for roads and other development. (CIA.gov)
Crops, Reuters

India’s Modi battles opposition to key land reform

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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
agricultural map of southern Ontario
Crops, Guide Business

Save Ontario farmers, save farmland in the process

10 years later, was setting up the Ontario’s Greenbelt worth the pain? More farmers are saying yes

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Reading Time: 7 minutes Rapidly rising populations, sprawling cities, shrinking farmland, and the feared effects of climate change prompted the Ontario government to create its Greenbelt around Toronto 10 years ago, with the goal of protecting some of the nation’s top agricultural land from development and fragmentation. After a decade, it seems it may be working. The greenbelt approach […] Read more
(Dave Bedard photo)
General, Markets

Funds blocked from investing in Sask. farmland, for now

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Reading Time: 3 minutes Saskatchewan’s government plans to take a closer look at its rules on investment in farmland, but will block such investments by pension funds and other “institutional” investors while the review is underway. The province said Monday it will soon run further consultations and a review of farmland ownership rules as now laid out under the […] Read more
Crops, Reuters

S. Africa’s proposed ban on foreign land ownership aimed at farms

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Reading Time: < 1 minute Johannesburg | Reuters — A South African government proposal to ban foreign nationals from owning land will apply to farms, not residential property, a government minister was quoted as saying Tuesday. In his State of the Nation address last week, President Jacob Zuma said foreigners would be barred from owning land and South African citizens […] Read more
Australian countryside near Bendigo, northwest of Melbourne. (CIA.gov)
Crops, Markets, Reuters

Australia tightens rules over foreign buying of farmland

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Reading Time: < 1 minute Sydney | Reuters –– Australia tightened rules on Wednesday over foreign ownership of its agricultural land amid concerns that it is losing control of its own food security, slashing the amount beyond which land purchases would require regulatory approval. From March 1, foreign purchases of agricultural land over A$15 million (C$14.51 million) will be subject […] Read more
farmland
Crops, Guide Business

Who’s buying up Canadian farmland?

Are non-farmers snapping up too much Canadian farmland? Nobody knows, especially in Ottawa

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Reading Time: 5 minutes Again this winter, ownership of farmland is a heated topic in coffee shops across rural Canada. Rumours abound. Sometimes, it’s foreign buyers who are said to be gobbling up huge chunks of prime farmland, paying prices that Canadian farmers can’t afford. Other times, it’s pension funds or rich non-farm investors. Whoever tells the stories, the […] Read more

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