Farmland Update – Small Price Increase Farm Credit Canada just released its annual Farmland Values Report which provides a yearly overview of provincial and national land values trends across the country. As usual, it is this time of the year that I adjust the value of my Saskatchewan farmland using the average change of this report and the inflation… Read More »
Slow and Steady A reader recently asked for a farmland update. So here’s the latest. I’m collecting $8,500 a year from my tenant who is growing canola on my 310 acres of farmland. He pays me twice a year, half the total amount in the spring and the other half in the fall. Here’s the latest cheque that I deposited… Read More »
To become a successful farmer you have to be outstanding in your field, if you know what I mean. But as most investors know, commodity prices have been in a slump over the past couple of years. This means many grain farmers have to live a very tough life. Perhaps some of them barley survive from wheat to wheat! But things may not… Read More »
Canadian Farmland Values Up Again Okay, it’s that time of year again when the national agency, Farm Credit Canada, release its farmland value report about the previous year’s farming landscape. As it turns out in 2014 the average Canadian farmland price increased 14.3%. 😀 Meanwhile residential real estate prices increased only 5.2%, according to the Canadian Real Estate Association.… Read More »
Earlier this month Farm Credit Canada published its annual farmland values report 🙂 Across the country farmland values on average increased 22.1% in 2013. Great Scott! 😯 Saskatchewan farms experienced the biggest jump of 28.5% Blimey! (゜o゜) That represents an 89% increase since 2011. A couple of years ago I explained on this blog why Saskatchewan had the most investment potential due to its growing resource… Read More »
In 2012 I found a farm I liked on the MLS website, and bought it for $150,000 🙂 I was so happy with my purchase I decided to buy another farm in 2013 for $172,500 at an auction. This one is a 150 acre, class F, grain farm. It’s located adjacent to my first farm, and both properties are… Read More »