Ontario Agriculture

The network for agriculture in Ontario, Canada

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.

Views: 536

Comment

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

Join Ontario Agriculture

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

Depopulation could destabilize food systems

It’s difficult to argue that climate change isn’t the most pressing threat to our agri-food sector. Farmers, processors, distributors, retailers and transporters have all been forced to adapt in real time to extreme weather events, shifting growing seasons and volatile conditions. From droughts to floods to wildfires, climate change has tested the resilience of every link in the food supply chain. Yet, for all the challenges the sector has faced – and will continue to face – due to climate pressures, it has managed to cope reasonably well. Investments in technology, new crop varieties, smarter logistics and infrastructure upgrades have helped absorb many of the shocks. But there is another looming threat – quieter, slower, and far more difficult to reverse – that few in the industry appear prepared for: depopulation. At its core, the food industry is built on one assumption: that there will always be more mouths to feed. Growth in population has long been a proxy for market growth.

Labour shortages create dragnet for agri-food

Canadian agriculture and agri-food consistently punch above their weight. Agriculture and agri-food contribute $111 billion per year – more than $30 million per day – to the Canadian economy, or over six per cent of our GDP. However, there are still more than 16,000 job vacancies on Canadian farms, and this labour crisis is resulting in avoidable financial strain. With that considered, you would think that smoothing out the regulatory red tape – especially on access to labour for farmers – should be highest priority for federal and provincial governments when the shortage is both critical and chronic, proven with many years of data and evidence. When COVID-19 challenged supply chains, action was taken to secure our food supply, but this level of urgency and priority for the sector appears to have come to an end. Producers and workers need new solutions Agriculture is theoretically prioritized in the immigration regulations, but it continues to be squeezed by on all sides. Agriculture

Syngenta brings new fungicide to Canadian potato growers

The Orondis Advanced premix combines a Group 29 and Group 49

Mastering Controlled Burns -- Essential Safety Tips for Farmers

Controlled burns can improve soil health and manage vegetation, but they require careful planning and strict safety measures.

Carney heading to China to talk ag and other issues

Prime Minister Carney is expected to discuss ag when he visits China next week

© 2026   Created by Darren Marsland.   Powered by

Badges  |  Report an Issue  |  Terms of Service