2022 farmland values trended higher amid higher interest rates, elevated input prices and strong cash receipts
2022 Canadian farmland values grew at the average annual rate of 12.8%, buoyed by limited supply and strong demand.
2022 Canadian farmland payments outpaced growth in farmland values due to increasing interest rates.
The 2023 crop input market will be characterized by high prices.
Total farm cash receipts are projected to increase in 2023, but at a more moderate pace than last year.
Canadian grain, oilseed and pulse producers’ revenues will continue to climb in the 2023-24 crop year, but input prices will again pressure margins.
Farm equipment sales in 2023 will be supported by a recovery in supply chains and robust commodity prices.
Analysis, trends and opportunities for the cattle and hog sector in 2023.
How South American trade is showing itself to be an impressive competitor with growing influence on world markets and prices.
The FCC 2023 dairy outlook suggests production and price increases will lift dairy revenues in 2023, but the sector faces headwinds that will challenge profitability.
Farmland values grew an average rate of 8.1% for the first half of 2022. Farm income, inflationary pressures and higher interest rates are factors to monitor going forward.