FCC Report: Canadian Farmland Values Average Increased 8.6 Percent

Oct 09, 2012

Farm Credit Canada Releases Fall 2012 Farmland Values Report

One of Canada’s leading agriculture lenders – Farm Credit Canada (FCC) has released their semi-annual fall 2012 farmland values report. The report provides a breakdown by each province and FCC measures the provincial land value trends on the percentage change in value compared to the average price per acre. The report depicts an 8.6% national increase in the first half of 2012.

Ontario shows the biggest average increase with 16.3% followed by two western provinces – Manitoba 10.3% and Saskatchewan at 9.1%. The only province to experience a decrease was British Columbia at 0.3%. The two provinces that remained the same were New Brunswick and Newfoundland and Labrador. The following is a chart displaying the percent change on farmland values by province:

The report attributes Ontario’s high increase to supply and demand factors, noting that the market has been extremely competitive which has created a sellers’ market. The demand has been especially high in southwestern, central and eastern Ontario with demand being high for dairy producers. The full report can be found on FCC’s website.

Video: Planting Corn with Classic Allis-Chalmers Tractors | Full Field Action

Step into the field for a full day of spring fieldwork as this farm plants corn using classic Allis-Chalmers power near Arcanum, Ohio. In this video, the farm is working ground with an Allis-Chalmers 8050 pulling a Salford field cultivator and Brillion Culti-Packer to prepare the seedbed. Right behind, an Allis-Chalmers 7020 handles planting duties with a 12-row White planter, putting this year’s corn crop in the ground. You’ll see a mix of aerial drone footage and ground-level views capturing all the action, along with a voiceover that dives into the history and legacy of these two Allis-Chalmers tractors. It’s a great look at how reliable, older equipment is still getting the job done during spring planting season. If you enjoy classic farm equipment, corn planting, and real-world field action, this one is for you.