Land values up in the Peace says new FCC report

Oct 10, 2025 | 4:49 PM

Farm Credit Canada’s newest report on farmland values says land values in Alberta went up 6.6 per cent in the first six months of this year.

FCC says the Peace Country and southern Alberta led the growth in values.

It says part of the reason for the increase in the Peace is that land auctions are making land available to more buyers and pushing up the cost for an acreage.

Land values have also gone up 10.3 per cent in Alberta from July of last year to June of this year.

In all of 2024, land values went up 13.1 per cent.

The report concentrates on cultivated land.

Nationally, land values went up six per cent in the first six months of this year, 10.4 per cent year-over-year and 9.3 per cent in 2024.

Manitoba and New Brunswick were the only provinces that recorded higher and value increases in the first half of this year.

FCC says “strong demand and limited supply” are pushing up land values.

The report also says a better crop this year, losing an export market in China plus tariffs, will all push down commodity prices, meaning a six per cent decrease in grain and oilseeds receipts.

FCC adds lower interest rates and good crops in 2022 and 2023 should help support the market for land.

by Curtis Galbraith