Canadian Farmland Values Rise in First Half of 2025

Farm Credit Canada's (FCC) mid-year farmland values review shows that cultivated farmland values rose by an average of 6% in the first half of 2025.

This is a modest acceleration compared to 2024, where the first half of the year saw a 5.5% increase. In the 12 months, from July 2024 to June 2025, a 10.5% increase was reported, up from the prior year at 9.3%.

Manitoba saw the biggest increase at 11.2%, followed by New Brunswick at 9.4%, and Alberta at 6.6%. Both Ontario and B.C. recorded no change in the market. 

FCC reports that demand for farmland remains strong despite lower commodity prices, as buyers continue to invest, driven by long-term confidence in agriculture and the limited supply of land. While growth across provinces remains uneven, the overall trend points to promising growth in the sector. 

Overall, the market appears to be stabilizing, with the sale prices per acre increasing only modestly. 

To read the full report and outlook for the year ahead, visit the FCC website.