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- 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-update2024 mid-year farmland values increase despite lower revenues ...
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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 average value of cultivated Canadian farmland increased...
- Canadian farmland values rise 5.5% in first half of 2024: FCC ...
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).
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.
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.
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 –
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.
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.
