Rolling prairie landscape. Central Alberta, Canada.

Alberta farmland price growth lags national average

While prices continue to rise, the rate is slowing and other province have faster growth

Reading Time: 5 minutes Average Alberta farmland prices were up three per cent in the first half of 2023, significantly below the Canadian average increase of 7.9 per cent. The data, released in a Farm Credit Canada report on Oct. 3, shows the province is following a national trend. “It’s not unexpected, given where we were at the end […] Read more


Real estate apps are already big business in residential markets. If they cut transaction costs, why not in agriculture too?
 Photo: Getty Images

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

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

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Buy or rent? Land rent-to-price ratio can help farmers decide

FCC sees current ratios on farmland as (roughly) stable

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


FCC estimates that nine to 15 per cent of farmland purchases are by businesses, investors or others who don’t intend to farm themselves.

Farmland is selling, but who’s paying the higher prices?

‘Non-traditional’ farmland buyers help drive up prices, highlighting tight land supplies across Canada

Reading Time: 3 minutes Farmland prices continue to rise across Canada, but who’s paying them? Not only farmers, says Farm Credit Canada’s chief economist. “We think there’s between nine to 15 per cent of (farmland) transactions that are purchases made by non-traditional buyers. That’s significant,” J.P. Gervais told an online news conference last month. Who are these non-traditional buyers? […] Read more

While Alberta's south saw a four per cent increase, its value of land for irrigation jumped by almost 30 per cent.

Alberta farmland values up 10 per cent on average

Alberta's increase comes in below a national average that exceeded expectations

Reading Time: 4 minutes Average Alberta farmland values rose 10 per cent in 2022, according to Farm Credit Canada statistics released March 13. That’s less than the 12.8 per cent average for the rest of the country, but it’s the largest increase the province has seen since 2015, when prices rose 11.6 per cent. Last year’s figure follows increases […] Read more


“We have not yet seen the full impact of higher interest rates on the demand for farmland.” J.P. Gervais.  Graphic: Farm Credit Canada

Farmland values exceed expectations

Ontario leads the country with 19.4 per cent increase

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

Higher interest rates didn’t curb the appetite for farmland in the first half of the year but it could be a different story by year’s end.

The price of farmland is defying interest rate hikes – so far

Buyers still bid up land but latest figures don’t reflect full impact of higher lending rates

Reading Time: 3 minutes Despite significant interest rate hikes, the price of farmland kept shooting up in the first half of the year. Land prices jumped 5.9 per cent in Alberta in the first six months of 2022, according to the latest data from Farm Credit Canada, and that was smallest rise on the Prairies.  Prices were up an […] Read more