FCC Farmland Values Report: Ontario Farmland Values Increased 12.4% in 2014

Farm Credit Canada (FCC) released its annual Farmland Values Report. The national average farmland value increased 14% in 2014. This is a large increase over 2013, but lower increase than the 22% increase FCC reported last year. The patterns in farmland values differ across the country: Saskatchewan recorded an average increase of 19%, Ontario was at 12% while BC farmland showed an average gain of 4%.

Ontario

From the FCC Report: Ontario farmland values increased an average of 12.4% in 2014, following gains of 15.9% in 2013 and 30.1% in 2012. Average farmland values in the province have continued to rise since 1988.

In several areas of the province, demand for farmland significantly outweighed the supply, creating competition for available land. This, coupled with low interest rates, appeared to have played a role in rising values.

Demand came from many sectors, including large intensive livestock enterprises needing land for manure management and cropping requirements.

Non-agricultural buyers in southwestern Ontario continued to purchase farmland in select areas, creating greater overall competition for available land. Farmland in southern and central Ontario continued to be in high demand due to the availability of soil types that support high value crops.

Producers in eastern Ontario continued to expand, purchasing land in the immediate area and in neighbouring locations. Northern and eastern regions also saw prices rise as buyers from high-priced areas in southern and southwestern areas moved north in search of lowerpriced land. Markets in the north appeared to be dominated by a small number of buyers who acquired land, contributing to the increase in price.

However, while most areas saw moderate to significant increases, there were some that saw slight declines or no change in value. Sales in the province were accomplished through a mix of transactions including real estate brokered, property auction and land sold through the tendering process.

Comment

You need to be a member of Ontario Agriculture to add comments!

Join Ontario Agriculture

Welcome to
Ontario Agriculture

Sign Up
or Sign In

Agriculture Headlines from Farms.com Canada East News - click on title for full story

Competition Bureau looking at Canada’s food supply chain

The Competition Bureau plans to look at Canada’s food supply chain through three lenses.

Ag in the House: June 8 – 12

A Bloc MP had questions related to Bill C-30 and crop protection

U.S. Spring Wheat Condition Rises; Winter Wheat Harvest Accelerates

The condition of the 2026 U.S. spring wheat crop improved over the past week, while the winter wheat harvest advanced rapidly and crop ratings remained far below last year. Monday’s USDA crop progress report rated 55% of the national spring wheat crop in good to excellent condition as of Sunday, up 3 percentage points from the previous week but 2 points below the 57% rated good to excellent a year ago. In North Dakota, the largest spring wheat-producing state, the crop remained at 61% good to excellent. Minnesota improved 4 points to a strong 90%, while South Dakota slipped 2 points to 50%. Montana recorded the largest improvement, with its spring wheat rating climbing 9 points to 19% good to excellent. However, 70% of the state’s crop was still rated only fair and another 11% was poor. Spring wheat emergence reached 95%, up from 87% the previous week and ahead of both 88% last year and the five-year average of 89%. Six per cent of the crop was headed, compared with 4% last yea

Alberta Crops Catch Up After Widespread Rains, But Seeding Delays Persist in Northern Regions

Provincial seeding reaches 97%, soil moisture improves across Alberta, and crop emergence continues despite cooler conditions Frequent, soaking rains across Alberta over the past week have delivered a welcome boost to soil moisture reserves and crop emergence, although the moisture has also slowed the final push to complete seeding in some northern areas. According to Alberta Agriculture and Irrigation’s latest Crop Report, provincial seeding progress for major crops has reached 97%, putting growers within striking distance of the five-year average of 100%. The South and Central regions have completed seeding, while producers in the North East, North West and Peace regions continue working around wet field conditions. Moisture Improves Across Most of Alberta The widespread rainfall has significantly improved soil moisture conditions across much of the province. Surface soil moisture ratings are now well above normal in many areas, helping support crop emergence and early-season dev

EMILI explores how AI-powered agtech increases sustainability, efficiency

AI is a powerful, multi-purpose technology that has the potential to hyperoptimize on-farm activities to a more precise level than ever to help farmers reduce costs, manage data, and increase productivity. Of the 30+ equipment and technologies being demonstrated and tested on EMILI’s Innovation Farms powered by AgExpert in 2026, a third involve AI. By deploying technology in a fully-operational Manitoba farm setting, EMILI is able to validate what works and provide innovators with feedback on areas of improvement. “Ground truthing the technology is critically important to ensure it is solving a problem for farmers and providing accurate data insights,” said Koroscil. “AI models don’t always get it right. Our team spends hours in the field counting weed populations, checking soil moisture levels, evaluating environmental conditions, and collecting agronomic measurements to provide boots-on-the-ground validation of what works and what doesn’t.” Evaluating AI-powered technology in p

More…

Badges | Report an Issue | Terms of Service