According to the latest Farm Credit Canada (FCC) Farmland Values Report, the average value of Canadian farmland increased 5.2% in 2019, tying 2010 for the smallest increase over the past decade. This increase followed gains of 6.6% in 2018 and 8.4% in 2017.
Despite the increase, the national average farmland value is nowhere near the record increases observed in 2012 and 2013, when national average values climbed 19.5% and 22.1%, respectively.
FCC…
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