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: Dicamba Returns for Georgia Farmers: What the New EPA Ruling Means for Cotton Growers

After being unavailable in 2024 due to registration issues, dicamba products are returning for Georgia farmers this growing season — but under strict new conditions.

In this report from Tifton, Extension Weed Specialist Stanley Culpepper explains the updated EPA ruling, including new application limits, mandatory training requirements, and the need for a restricted use pesticide license. Among the key changes: a cap of two ½-pound applications per year and the required use of an approved volatility reduction agent with every application.

For Georgia cotton producers, the ruling is significant. According to Taylor Sills with the Georgia Cotton Commission, the vast majority of cotton planted in the state carries the dicamba-tolerant trait — meaning farmers had been paying for technology they couldn’t use.

While environmental groups have expressed concerns over spray drift, Georgia growers have reduced off-target pesticide movement by more than 91% over the past decade. Still, this two-year registration period will come with increased scrutiny, making stewardship and compliance more important than ever.