FCC Farmland Values Report
The FCC Farmland Values Report provides an annual look at the regional land value trends across Canada in price per acre. Find land values on our interactive map, download the report and get big picture analysis from our Economics team.
What did values look like in 2022?
Select a province or region to get the farmland values for that area.
*FCC reference value $/acre.
**The value range represents 90% of the sales in each area and excludes the top and bottom 5%.
Farmland continued steady climb
The average value of cultivated Canadian farmland increased by 12.8% in 2022. This is the highest increase recorded since 2014 and follows gains of 8.3% in 2021 and 5.4% in 2020. This increase occurred amid strong farm income, elevated input prices and rising interest rates. The demand for farmland remained robust and the supply of farmland available for sale continued to be limited.
In this series
2022 Canadian farmland payments outpaced growth in farmland values due to increasing interest rates.
J.P. Gervais shares an overview and key findings from the 2022 FCC Farmland Values Report.