Tag Archives: land prices

2021 Farmland Values Report Recap – B.C. Spotlight

Posted by Darcy Smith on March 21, 2022 2 Comments

FCC Farmland Values Report 2021

The rising cost of farmland has become a common topic of discussion in the farming community. Many farmers are aware of and seeing a significant increase in land prices – but each year when the Farmland Values Report is published by Farm Credit Canada (FCC), we get to see the concrete numbers. 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. It shows, by the … Continue reading 2021 Farmland Values Report Recap – B.C. Spotlight

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

Posted by Darcy Smith on May 07, 2019 2 Comments

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