Farmland values continue to rise in latest FCC report

Oct 10, 2022

A recent review of farmland valuations by Farm Credit Canada shows that demand is still on the rise.

Climbing interest rates and poor growing conditions are likely to be deciding factors in some areas.

In 2022, the FCC said that the average 12-month change as of July was 13.1% in Canada.

For the prairie provinces, that comes out to 5.8% in Alberta, 14.9% in Saskatchewan, and 13.6% in Manitoba.

In comparison, PEI and Ontario exploded in value, with those being at 26.4 and 27.7% respectively.

From that info, provinces with a higher percentage of arable lands, such as Saskatchewan and Alberta, seem to experience a slower pace of increase in land values, suggesting that competition for land with limited supply, such as in Ontario, drives prices.

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Video: Our Own On-Farm Research Is the Best Source - Managing White Mold in Northeast Nebraska

If you assumed Nebraska was too hot and dry for white mold to be a problem in soybeans, think again.

This week we're featuring Galen Samuelson, a farmer and dealer from Wakefield, Nebraska, who knows all too well how devastating white mold can be.

"We don't have it consistently every year, but with our temperature and humidity, it can hurt us quite bad," Samuelson says. Looking for alternatives, he explains, "What I like about Heads Up is that it's non-harmful to the beneficial fungal colonies in the soil." Galen has been using Heads Up for several years now, after first hearing about it through a small ad in a regional newspaper. Watch below to hear about his journey.

When asked to write about Samuelson Seed, Galen said the following:

"Samuelson Seed is a 4th-generation, family-based company. It started with my grandfather, and I'm now starting to pass the torch to my son, Caleb."

"In the early 1990s, I started working with a company whose focus was on plant and soil health before those benefits were widely known. I've continued to keep plant and soil health the main focus in our farming operation decisions."