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
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
Funds blocked from investing in Sask. farmland, for now
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
Ask the big questions before buying land
Answering 16 Questions to Consider before Buying Farmland is a good way to avoid buyer’s remorse
Reading Time: < 1 minute Alberta farmers are still keen to buy land, says a farm financial specialist. “Interest rates remain low and, although some farms have experienced some cash flow problems, the majority of Alberta farms has a strong balance sheet and is interested in purchasing additional land, should the opportunity arise,” said Rick Dehod. But before making a […] Read more
S. Africa’s proposed ban on foreign land ownership aimed at farms
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
Australia tightens rules over foreign buying of farmland
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
Sask. eyes tougher rules on investor farm buys
Saskatoon | Reuters — Saskatchewan is likely to tighten what are already some of North America’s strictest rules for purchasing farmland, as it looks to fend off big money managers hungry for what they see as a winning investment. The province, whose fertile plains grow more wheat than Argentina, has become the latest front in […] Read more
Foreign ‘land grabs’ seeing redrawing global farmland ownership map
Rome | Thomson Reuters Foundation — A handful of wealthy countries are responsible for most international farmland acquisitions — what some critics term “land grabs” — in a trend that is redrawing the global map of land ownership, a new study has found. China, the U.S., Britain, Germany, Singapore and a small group of other […] Read more
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