Ontario Agriculture

The network for agriculture in Ontario, Canada

The RE/MAX Farm Report 2014 - Price per acre in rural communities in Ontario

For the Complete REMAX Farm Report 2014 click here: http://download.remax.ca/PR/FarmReport/FinalReport.pdf

The price of farmland in most Canadian markets has either held steady or increased this year, following a period of strong year-over-year growth. Mirroring the trend in residential and recreational property values, lower crop prices, floods and challenging winter weather conditions have failed to significantly impact the Canadian agricultural real estate market. There is significant variation in price and productive capacity of farmland across Canada.

Ontario Trends:

While prices across Ontario have started to level off, the value of farmland in some pockets rose significantly. North of the Greater Toronto Area, agricultural land slated for development reached $54,000 per acre.

In Chatham-Kent, excellent soil quality boosted the price of farmland up to $25,000 per acre—representing a surge of as much as 40 per cent over the previous year. While this represented a boon for sellers, it was a barrier to expansion for some buyers.

The rising prices led to a small migration of farmers, particularly Mennonites, northeast to areas including Quinte and Renfrew County where comparable land sold for between $8,000 per acre and $12,000 per acre. 

Views: 889

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

Southwestern Ontario Dairy Symposium

The 2023 Southwestern Ontario Dairy Symposium (SWODS) will be held on Feb. 22 at the Woodstock Fairgrounds from 9 a.m. to 4 p.m.

Provincial Government Invests $2 million for Agriculture Workforce Development

The Honourable Gerry Byrne, Minister of Immigration, Population Growth and Skills, and the Newfoundland and Labrador Federation of Agriculture have reached an agreement for the Provincial Government to invest $2 million over three years to drive workforce development and support continued growth of this flourishing sector.

PROACTION ANIMAL CARE FRAMEWORK CONSISTENT WITH NATIONAL STANDARDS, SAYS NFACC

In a letter to DFC this November, the National Farm Animal Care Council confirmed it has independently reviewed the content of the DFC’s proAction® program and found it to meet all requirements of Canada’s Animal Care Assessment Framework

Government of Canada partners with Ocean Wise to amplify the voice of young professionals at IMPAC5

Young people from all nations and backgrounds play important leadership roles in marine protected areas and ocean conservation.

Kellogg Canada Delivers Delicious & Exciting New Innovation Line-Up for 2023

Canadian food consumers want it all. Our busy lives demand convenient products and we will not sacrifice taste.

© 2023   Created by Darren Marsland.   Powered by

Badges  |  Report an Issue  |  Terms of Service