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      • Sustained demand for farmland buoyed by elevated commodity prices and historically low interest rates combined with tight supply of farmland available for sale have led to growth in farmland values.
      www.fcc-fac.ca/en/knowledge/economics/2021-farmland-values
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  2. Oct 2, 2024 · Canadian cultivated farmland values rose by an average of 5.5% in the first half of 2024 (Table 1). Over the year from July 2023 to June 2024, there was a 9.6% increase, representing a slowdown compared to the previous year, likely the result of lower commodity prices and elevated borrowing costs.

  3. Mar 14, 2022 · 2021 Canadian farmland values grew an average annual rate of 8.3% due to strong demand, elevated commodity prices, low interest rates and tight land supply.

  4. The average value of cultivated Canadian farmland increased by 11.5% in 2023. This is slightly less than the 12.8% increase recorded in 2022 but ahead of the 8.3% increase in 2021. This year’s increase is the second highest FCC has reported since 2014.

  5. Farm Credit Canada (FCC) understands the value of having access to solid market information when making business decisions. That is why FCC compiles and releases the Farmland Values Report. It tracks and highlights average changes in farmland values – regionally, provincially and nationally –

  6. Mar 14, 2022 · Canada’s farmland values climbed in spite of impacts from pandemic supply chain disruptions and adverse weather that affected parts of the country, as Farm Credit Canada’s (FCC) Farmland Values Report showed an 8.3-per-cent national average increase in 2021.

  7. Nov 28, 2023 · The spike in farmland prices has boosted the equity of farmers all across Canada. Are farmers leveraging this new-found equity to generate new business opportunities or farm wealth? To explore what farmland values mean for farms and farming across Canada, Country Guide sat down with Pascal Thériault, agricultural economist at Macdonald Campus ...

  8. Oct 6, 2024 · Farm Credit Canada has published its farmland value report for the mid-way mark of 2024, with Saskatchewan leading the way with growth of 7.4%. The overall Canadian average for January to June 2024 sits at 5.4%, despite a challenging financial climate of elevated interest rates and lower commodity prices.

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