Canada’s farmland values climbed in spite of impacts from pandemic supply chain disruptions and adverse weather that affected parts of the country, as Farm Credit Canada’s (FCC) Farmland Values Report showed an 8.3% national average increase in 2021.

Canada’s farmland market remained strong and stable during a year marked by economic turbulence caused by the COVID-19 pandemic, according to the latest Farm Credit Canada (FCC) Farmland Values Report.

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Average farmland values in Canada are once again showing modest increases for the first half of 2020, although the full impact of the COVID-19 pandemic has yet to be weighed, according to a review by Farm Credit Canada (FCC).