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Stats Can releases November production of principal field crops report

Canadian farmers reported producing more corn for grain and soybeans, but less wheat, canola, barley, and oats in 2023. Lower production for most crops was driven largely by lower yields, especially in Western Canada where growing conditions were generally drier than in 2022.

Throughout the growing season in 2023, dry conditions across much of Western Canada contributed to lower yields compared with 2022. Warm and dry conditions allowed farm operators to complete harvests in a timely manner across most of the prairies. In parts of Eastern Canada, adequate moisture and warm temperatures resulted in good yields, although some parts of Quebec and the Atlantic provinces may have been affected by above-average precipitation.

Wheat harvest decreases on lower yield

Total wheat production fell by 6.9% to 32.0 million tonnes in 2023, attributable to lower production in the Prairies, likely because of dry conditions. Lower yields (-12.1% to 44.5 bushels per acre) offset the higher harvested area (+6.0% to 26.4 million acres).

Saskatchewan wheat production fell by 6.7% to 14.2 million tonnes. Yields decreased by 12.4% to 37.5 bushels per acre, offsetting higher harvested area, which rose by 6.4% to 14.0 million acres.

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Cheapest States to Buy Farmland in America

Video: Cheapest States to Buy Farmland in America

The United States has more than 895 million acres of farmland, which includes all rural land tied to farming operations, from highly fertile Midwest cornfields to vast grazing ranges in the West, as well as the undeveloped rural land, which is often sold as ranches, homesteads, or uncultivated lots. Nowadays investing in rural land is very lucrative even billionaires like Bill Gates, Jeff Bezos, and Warren Buffett have bought up thousands of acres of farmland across America. In contrast to investors, agricultural companies, and business moguls, some buy farmland for their own requisites, like starting a small farmstead, creating a cottage, and becoming self-resilient. In this video we have ranked the top cheapest states to buy farmland according to the per-acre land value, which is accumulated from the United States Department of Agriculture. The USDA’s per-acre land values come from an annual survey, which is cross-checked with actual sales data, appraisals, and market trends to ensure accuracy. So here are The top Cheapest States to Buy Farmland.