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1. • • 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.
     www.fcc-fac.ca/en/knowledge/economics/2024-farmland-values-mid-year-update

     2024 mid-year farmland values increase despite lower revenues ...

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   How much did Canadian farmland values rise in 2024?

   • For more information or interviews, please contact: Canadian cultivated farmland values rose by an average of 5.5 per cent in the first half of 2024, according to the mid-year farmland values review by FCC.

   Canadian farmland values rise 5.5% in first half of 2024: FCC report

   www.fcc-fac.ca/en/about-fcc/media-centre/news-releases/2024/canadian-farmland-values-rise-first-half-2024

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   Why are farmland values increasing in Ontario?

   • Overall, farmland values in Ontario are stable with minor changes across most areas, leading to a provincial average growth of 2.1% at mid-year. This economic pressure of higher interest rates and lower commodity prices has resulted in a much less pronounced increase in Quebec’s land values compared to recent years.

   2024 mid-year farmland values increase despite lower revenues and

   www.fcc-fac.ca/en/knowledge/economics/2024-farmland-values-mid-year-update

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   Is farmland worth more?

   • Farmland is worth more, but the rate at which land values increased slowed in the first half of this year. According to the mid-year farm values review by Farm Credit Canada (FCC), farmland values were up by an average of 5.5 percent from January to June 2024. The average from July 2023 to June 2024 was higher at 9.6 percent.

   Mid-year review shows farmland values increasing at a slower rate

   winnipeg.ctvnews.ca/mid-year-review-shows-farmland-values-increasing-at-a-slower-rate-1.7066680

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   Why did cultivated farmland prices rise in 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.

   2024 mid-year farmland values increase despite lower revenues and

   www.fcc-fac.ca/en/knowledge/economics/2024-farmland-values-mid-year-update

   See all results for this question

   Are farmland values rising?

   • "Farmland values increased at a slower rate, yet 5.5 per cent growth in six months is still a very strong number," said J.P. Gervais, who is FCC's chief economist, in a press release. For two years now, Saskatchewan and Quebec had the highest average six-month increase in farmland values. Saskatchewan’s was 7.4 percent and Quebec’s was 5.4 percent.

   Mid-year review shows farmland values increasing at a slower rate

   winnipeg.ctvnews.ca/mid-year-review-shows-farmland-values-increasing-at-a-slower-rate-1.7066680

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   What's going on with land prices in Canada?

   • A report from Farm Credit Canada (FCC), a Crown corporation that monitors land sales, showed the average price per hectare quadrupled in 20 years. "Equitable landholding is being replaced by concentrated control of farmland," the CCPA report says.

   What's happening to Canada's farmland? | CBC News

   www.cbc.ca/news/canada/canada-prime-farmland-1.6877661

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3. www.fcc-fac.ca › en › knowledge2024 mid-year farmland values increase despite lower revenues ...

   www.fcc-fac.ca › en › knowledge

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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.

   • Canadian farmland values rise 5.5% in first half of 2024: FCC ...

     Canadian cultivated farmland values rose by an average of...

   • Farmland Values Report | FCC - FCC-FAC

     The FCC Farmland Values Report provides an annual look at...

4. www.fcc-fac.ca › en › about-fccCanadian farmland values rise 5.5% in first half of 2024: FCC ...

   www.fcc-fac.ca › en › about-fcc

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   Oct 8, 2024 · Canadian cultivated farmland values rose by an average of 5.5 per cent in the first half of 2024, according to the mid-year farmland values review by Farm Credit Canada (FCC).

5. www.fcc-fac.ca › economics › farmland-values-reportFarmland Values Report | FCC - FCC-FAC

   www.fcc-fac.ca › economics › farmland-values-report

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   The FCC Farmland Values Report provides an annual look at the regional land value trends across Canada in price per acre. Find land values on our interactive map, download the report and get big picture analysis from our Economics team.

6. www.realagriculture.com › 2024 › 10Farmland value growth stronger than anticipated at mid-way ...

   www.realagriculture.com › 2024 › 10

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   Oct 6, 2024 · 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. All provinces posted positive gains on farmland values; however, the pace of gain did slow to below four per cent in Manitoba, Ontario, Nova Scotia and PEI.

7. winnipeg.ctvnews.ca › mid-year-review-showsCanadian farmland values up, but not as much as last year ...

   winnipeg.ctvnews.ca › mid-year-review-shows

   Oct 8, 2024 · For two years now, Saskatchewan and Quebec had the highest average six-month increase in farmland values. Saskatchewan’s was 7.4 percent and Quebec’s was 5.4 percent. Manitoba’s was 3.9 percent.

8. Videos

   • 

     calgaryherald.com

     Value of farmland in Canada and Alberta rose in 2023: report

     Mar 12, 2024

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     cbc.ca

     How will skyrocketing farmland prices affect family farmers in Sask.?

     Aug 26, 2024

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     saskatoon.ctvnews.ca

     Sask. farmers say weigh the 'pros and cons' to soaring land prices

     Jul 19, 2024

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9. publications.gc.ca › collections › collection_20242023 FCC Farmland Values Report - publications.gc.ca

   publications.gc.ca › collections › collection_2024

   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 –

10. www.cbc.ca › news › canadaWhat's happening to Canada's farmland? | CBC News

    www.cbc.ca › news › canada

    • Cached

    Jun 23, 2023 · CBC News has compiled data on Canada's prime farmland in six charts to show what is happening to an invaluable national resource — and what it means for the future.