Western Canada farmland values surge in 2024 amid strong demand and dry conditions

Saskatchewan leads the nation with a 13.1 per cent increase as Prairie provinces see rising values driven by limited supply, irrigation needs, and continued interest in agricultural land.

Mar 19, 2025

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In 2024, Western Canada's farmland values experienced notable increases, as detailed in the latest Farmland Values Report from Farm Credit Canada (FCC), released on March 14. Saskatchewan led the nation with a 13.1 per cent rise in average farmland values, while British Columbia saw an 11.3 per cent increase. Alberta reported a 7.1 per cent growth, and…

Western Canada farmland values surge in 2024 amid strong demand and dry conditions

Saskatchewan leads the nation with a 13.1 per cent increase as Prairie provinces see rising values driven by limited supply, irrigation needs, and continued interest in agricultural land.

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