Reading Time: 2 minutes Alberta’s farmland values have been rising at a slower pace for nearly a decade, and the pandemic isn’t likely to change that. “I would expect that impacts are going to be minimal,” said J.P. Gervais, chief agricultural economist for Farm Credit Canada (FCC). “We still have a very limited supply of available land for sale. […] Read more
Alberta farmland values likely to be unaffected by COVID-19
FCC farmland report doesn’t account for the pandemic, but impact on land values should be ‘minimal’
Canadian farmland trending less affordable in FCC report
Average values continue rising across board
The average value of farmland in Canada is continuing to rise faster than farmers’ ability to generate revenue from it, Farm Credit Canada’s latest Farmland Values Report suggests. The report, released Monday, shows the average value of Canadian farmland rose 5.2 per cent in 2019 over 2018, the smallest year-over-year increase since 2010, and down […] Read more
Report shows slower pace for rising farmland values
While lower-valued farmland more often showed a higher rate of increase, and price hikes varied from region to region, Canada’s farmland values on average have booked their slowest year-over-year rate of increase in almost a decade. That’s according to the annual Farmland Values Report from Farm Credit Canada (FCC), in which the federal ag lending […] Read more
Farmland values rise, but interest rates curb market
CNS Canada — Prices of Canadian farmland were seen rising in 2017, with most sales happening in the first half of 2017 before interest rate increases and the drought in Western Canada hit. That’s according to the annual Farmland Values Report released Monday by Farm Credit Canada (FCC), based on 90 per cent of farmland […] Read more
Ag sector equity rises in 2016
CNS Canada –– Agriculture sector equity rose slightly in 2016, according to a Statistics Canada balance sheet on the industry. Farm sector equity totaled $500.3 billion for the year ending Dec. 31. That’s a 4.5 per cent increase, or $21.6 billion, from the same period a year ago, according to the report released Wednesday. Farm […] Read more
FCC sees increase in Canadian farmland values slowing
Farmland values in Canada, on average, appreciated in 2016 — and while it was less of an increase than the year before, the gain easily beat a bank GIC. Land prices here in Manitoba, which have been rising steadily since 1992, on average gained 12 per cent in both 2015 and 2014. But after four […] Read more
Farmers’ debt seen hitting fresh record high
Reuters — Canadian farmers’ debt will likely reach another record high this year, while land appreciation slows and incomes flatten, but the industry is still in strong financial shape, the country’s biggest agriculture lender, Farm Credit Canada, forecast on Tuesday. FCC, the federal Crown ag lending agency, sounded a note of caution for farmers, who […] Read more
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
Farmland fundamentals potentially bearish: FCC
Having tracked more double-digit percentage increases in Canadian farmland prices through 2015, Canada’s federal farm lender sees factors lining up for those values to retreat. Farm Credit Canada’s latest Farmland Values Report, released Monday, logged a 10.1 per cent increase in average farmland values in Canada in 2015, down from a 14.3 per cent rise in […] Read more
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