Farm Credit Canada tracks percentage changes across the country, while Alberta Agriculture looks at dollar values in municipalities
Reading Time: 2 minutes Farm Credit Canada’s recently released Farm Land Value Report and a database created by Alberta Agriculture can go a long way to helping producers establish a land value, says a provincial farm business specialist. “According to the new FCC report, Alberta’s change in farmland values was 11.6 per cent which was 1.5 per cent higher […] Read more
How to get a handle on farmland prices
Alberta land prices continue to soar
Farm cash receipts were a ‘pleasant surprise’ last year and that kept upward pressure on land prices
Reading Time: 4 minutes It was another big year for Alberta and Canadian farmland prices, according to Farm Credit Canada’s annual survey. On average, provincial farmland prices jumped by 11.6 per cent, the ag lender said in its 2015 Farmland Values Report while nationally they rose 10.1 per cent. But there are a lot of variations across the province, […] Read more
The sizzling market for farmland may be ready to take a breather
Alberta land prices are still heading up, but double-digit annual rises appear to be over for now
Reading Time: 3 minutes The red-hot market for farmland is showing signs of cooling off. “The more recent sales are still showing some increase, but the increases aren’t what they have been previously,” said Dave Weber, an appraiser with Serecon, an agricultural consulting company. Alberta farmland values were increasing about one per cent a month during 2011 and 2012, […] Read more
Land rent realities for 2014
Rental rates started an upward trend in early 2008, and peaked in 2013
Reading Time: 3 minutes The year 2014 could prove to be a tumultuous one for cropland rental rates. The fact that rental rates will likely soften should not be a surprise. Cropland rents are a function of productivity and price for the most part. Other factors that play a minor role include proximity to the tenant’s existing operation, field […] Read more