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- The agriculture industry hasn’t been shielded from inflation as farm input prices climbed along with commodity prices. The resulting increase in farm cash receipts and limited supply of farmland available for sale led to increases in farmland values.
www.fcc-fac.ca/en/knowledge/economics/2022-farmland-values-trended-higher2022 farmland values trended higher amid higher interest ...
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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 | FCC - FCC-FAC
The average value of cultivated Canadian farmland increased...
- 2022 farmland values trended higher amid higher interest ...
FCC reports an average increase of 12.8% in cultivated land...
- Farmland Values Report | FCC - FCC-FAC
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 22, 2024 · Several factors are driving farmland values to new records: Long-Term Supply and Demand. Globally, the amount of arable farmland is steadily decreasing; between 1992 and 2012, almost 31 million acres of agricultural land were irreversibly lost to development. In 2021 alone, the United States lost 1.3 million acres.
Mar 14, 2023 · FCC reports an average increase of 12.8% in cultivated land values for 2022. This post summarizes trends observed in cultivated land, and the full FCC Farmland Values Report also presents trends in irrigated land and pastureland values.
Mar 17, 2022 · According to Farm Credit Canada’s 2021 Farmland Values Report, farmland values across the country rose by a weighted average of 8.3 percent last year, outpacing a 5.4 percent increase...
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.
2023 FCC FARMLAND VALUES ET 4 BRITISH COLUMBIA Average cultivated farmland values in British Columbia decreased by 3.1% in 2023. This contrasts with the 2022 rise of 8.0% and the 18.1% gain in 2021. This decrease mirrored the trend in the general real estate market in B.C., which slowed in 2023. The South Coast region saw the largest decrease ...