FCC Farmland Values Report for 2018
The FCC Farmland Values Report just came out for the 2018 season. Ted believes that this is the most relevant report on farmland values for the year!
Noteworthy were the following points:
- Canadian farmland values rose 6.6% in Canada in 2018, down from the 8.4% increase in 2017.
- Saskatchewan farmland values rose faster than the national average increasing by 7.4% throughout the same time frame. Saskatchewan farmland values are increasing slower than the 2017 increase of 10.2%.
- Being that Saskatchewan is a large and diverse province it is common for values to rise more in some areas than others. South East showed the lowest increase of 1.7% while the South West values rose the most at 12.5% throughout 2018.
- Saskatchewan farmland sales were between $600 per cultivated acre to $3400 per cultivated acre.
Click here to watch the video for more in depth detail.
Click here to read the full report and get more in depth details.
Feel free to contact Ted anytime to discuss market values, buying or selling of farmland, or simply to chat! Call 1-306-986-7255 or email ted@cawkwellgroup.com.
