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Canadian Agriculture News

CANADIAN FARMLAND PRICE UP 5% FOR THE YEAR

October 11, 2011

The rise in U.S. farmland prices is washing across our border to the north. However, the pace of gains is not as strong as that seen in the U.S. Corn Belt.

The value of Canadian farmland increased 2.1% during the last six months of 2010. That's according to Farm Credit Canada (FCC), the nation's leading agriculture lender.

Coupling that 2.1% rise with the 3% increase reported in the previous six-month update results in an annual increase of 5.1%.

Landowner reports

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