Value of farmland increased in 2022 across country

Mar 14, 2023

The value of farmland across the country rose quite a bit in 2022.

According to Farm Credit Canada’s (FCC) Farmland Values Report, the average price for these properties rose by 12.8 per cent last year.

The average for four provinces was higher than the national average: Ontario (19.4 per cent), PEI (18.7 per cent), New Brunswick (17.1 per cent), and Saskatchewan (14.2 per cent).

Alberta and British Columbia’s values were the lowest among all the provinces, however, they still rose by 10 per cent and eight per cent, respectively.

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Video: Winter Canola Trial in Mississippi | Can It Work for Double Cropping? | Pioneer Agronomy

Can winter canola open new opportunities for growers in the Mid-South? In this agronomy update from Noxubee County, Mississippi, Pioneer agronomist Gus Eifling shares an early look at a first-year winter canola trial and what farmers are learning from the field.

Planted in late October on 30-inch rows, the crop is now entering the bloom stage and progressing quickly. In this video, we walk through current field conditions, fertility management, and how timing could make this crop a valuable option for double-cropping soybeans or cotton.

If harvest timing lines up with early May, growers may be able to transition directly into another crop during ideal planting windows. Ongoing field trials will help determine whether canola could become a viable rotational option for the region.

Watch for:

How winter canola is performing in its first season in this Mississippi field

Why growers chose 30-inch rows for this trial

What the crop looks like as it moves from bolting into bloom

Fertility strategy, including nitrogen and sulfur applications

How canola harvest timing could enable double-cropping with soybeans or cotton

Upcoming trials comparing soybeans after canola vs. traditional planting

As more growers look for ways to maximize acres and diversify rotations, experiments like this help determine what new crops might fit into existing systems.