Agricultural economists are said to seldom agree on things. The outlook for farmland values provides an excellent case in point.
FCC released its annual Farmland Values Report. The national average farmland value increased 22%, the highest increase FCC has ever reported. Large profit margins for crop production and continued low interest rates have driven the recent…Continue
Added by OntAG Admin on April 28, 2014 at 9:05am — No Comments
Added by OntAG Admin on April 28, 2014 at 2:30am — No Comments
Corn for Grain:
Ontario farmers expect to seed 2.1 million acres of this total, down 7.0% from 2013.
Record Soybean Acreage Forecast:
Ontario farmers project seeding 300,000 additional acres compared with 2013, This would bring the total soybean acres to approx. 2.72 million acres. Producers in Quebec, Ontario, Manitoba and Saskatchewan all plan to seed record levels in 2014.
Statistics Canada's March 31,…Continue
Added by OntAG Admin on April 24, 2014 at 6:00am — No Comments
Ontario farmland values increased an average of 15.9% in 2013, following gains of 30.1% in 2012 and 14.3% in 2011. Much of this increase occurred in the first half of the year. Average farmland values in the province have continued to rise for 25 years.
The province saw a mix of transaction types, including land sales through real estate brokers, property auctions and the tender process. Ongoing low interest rates contributed to the market activity.In some areas of southern…
Added by OntAG Admin on April 4, 2014 at 6:00am — No Comments