Canadian farmland values trended upward in 2017 driven by the expansion plans of producers and limited amount of land available for sale. For more, see the 2017 FCC Farmland Values Report.
Do the current farmland market valuations make sense? It’s a matter of farm income and interest rates.
Grain World 2017: a preliminary look at what to expect for the 2018 growing season.
Comparison of farm financial health between Canadian and U.S. farms
The rising Canadian dollar and its impact on producer profitability.
Dry conditions and excessive moisture will impact producers’ returns, but risk management plays an important role in mitigating losses.
The Canadian dollar and oil prices have followed different patterns recently. Interest rates are currently driving the value of the Canadian dollar, and that’s good for Canadian agriculture.
Borrowing costs should climb in the second half of 2017 as the outlook for the Canadian economy improves.
Farmland values in Canada, Australia and the U.S. differ, because they’ve followed very different trends in farm income.
Canadian crop receipts are projected to remain relatively unchanged in 2017, mostly driven by strong production and solid foreign demand.