Tag Archives: farmland values

2019 Farmland Values Report Recap

Posted by Darcy Smith on April 08, 2020

Each spring, while farmers are waiting for seeds to germinate, I eagerly anticipate the Farmland Values Report published by Farm Credit Canada (FCC). Anyone who’s come out to one of our land linking events will know what a sucker I am for good data – along with the rest of our land matching team! Resources like the Farmland Values Report help us keep up to date on the challenges farmers are facing, and how we can best support. The Farmland Values Report tracks changes in the price of farmland across Canada, as well as by province and region. Increasingly, the cost of … Continue reading 2019 Farmland Values Report Recap

Cost of Land Just Keeps Going Up: FCC Farmland Values Report

Posted by Darcy Smith on May 07, 2019

Well, the numbers are in – and farmland gets more expensive every year! Farm Credit Canada (FCC) just released the 2018 Farmland Values Report, highlighting the high cost of land in B.C. The average value of Canadian farmland increased 6.6% in 2018, and our fair province is just above the national average at 6.7% – compare that to a 2.7% increase in B.C. in 2017. For new farmers trying to break into the sector, steep land prices effectively shut them out of the farmland real estate market. This means that alternative land access models such as leasing are more important than ever in helping … Continue reading Cost of Land Just Keeps Going Up: FCC Farmland Values Report