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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.
- Farmland Values Report
The average value of cultivated Canadian farmland increased...
- 2021 Farmland Values
2021 Canadian farmland values grew an average annual rate of...
- Farmland Values Report
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.
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.
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.
The average value of Canadian farmland increased 6.6 per cent in 2018, following gains of 8.4 per cent in 2017 and 7.9 per cent in 2016. In all provinces except Nova Scotia, average farmland values increased.
National trend. The average value of Canadian farmland increased 5.2% in 2019, tying 2010 for the smallest increase over the past decade. This increase followed gains of 6.6% in 2018 and 8.4% in 2017.
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highlights average changes in farmland values – regionally, provincially and nationally – providing a value indicator that allows for a region-to- region, year-to year, price-per-acre comparison.
