[getsmart-l] Canadian farmland values increase
John O'Gorman
jcogorman at sympatico.ca
Mon Apr 9 11:29:27 EDT 2007
Sender: Wayne Hamilton <whamil at tcc.on.ca>
>From the quote below, it would appear, that the rest of society is bidding up the price of farmland. Government restrictive land use policies, plus the ability of non farmers verses farmers to bid up the price of even 100ac. farm parcels, as Merv said in another post below are contributory factors.
So, the next time you hear a politician or pureaucrat complain that "farmers" are paying too much for farmland please tell them just who is really responsible for bidding up the price of farmland.
Wayne Hamilton
**Land values across Ontario increased 1.7 per cent, down from 2.1 per cent in the first half of the year. Land values continued to strengthen in areas beyond the provincial greenbelt due to speculative bidding. Good vegetable land is still in demand, but according to the report, values for heavier and marginal cash crop soils continue to soften. **
**A whole bunch of 14, 50, 76, 82, 92 & 100 acre pieces sold around the Wellesley/Bamberg/St Agatha areas this winter. ALL buyers were city folks from Kitchener wanting space and a place to walk fiddo. 100 acres is now $850,000 to $1 million in that area. The $650-685,000 100 ac farms of 5 years ago are now $1 million in that hi pressure area. There are a pile of people in the city areas making huge bucks and are tired of 2x4 lawns. They want the greenbelt and it just happens to be a farm. **
----- Original Message -----
From: Ontag The Bullpen
To: whamil at tcc.on.ca
Sent: Monday, April 09, 2007 9:46 AM
Subject: FW: Canadian farmland values increase
Sender: GARDINER MARKETING SERVICES <gardinersales at sympatico.ca>
From all your friends and volunteers at www.curediabetesnow.hurontel.on.ca ??FYI
Subject: Canadian farmland values increase
AgriSuccess Express
Note from Editor Kevin Hursh & Associate Editor Allison Finnamore
There?s a slight touch of spring in parts of the country this week, and that?s reflected in many of these stories as we look ahead to the upcoming planting season.
Spring is also reflected in the fact that we?re coming to you a day earlier than usual and in a shorter format, due to the Easter holiday weekend. We?ll return to our regular Friday delivery next week.
Contact us at kevin at hursh.ca for any questions or comments.
Table of contents: April 5, 2007
1. Canadian farmland values increase
2. Up to $100,000 interest free
3. P.E.I. acreage buy-down plan dead
4. Colony Collapse Disorder threatens bee colonies
5. Quebec ethanol plant in operation
6. Soil and crop management practices evaluated
7. B.C. ranchers launch public awareness campaign
8.. Market Focus ? USDA report review - feed grain focus
1. Canadian farmland values increase
by Kevin Hursh
The semi-annual report on farmland values from Farm Credit Canada shows a national increase of 2.5 per cent in the last half of 2006, the highest since 2002. In the first half of the year, the increase was 2.1 per cent. British Columbia and Alberta led the nation with the largest increases. more >>
2. Up to $100,000 interest free
by Kevin Hursh
The Advance Payments Program is available to crop producers across the country. The Spring Credit Advance Program and the previous Advanced Payments Program have been merged into the new APP. more >>
3. P.E.I. acreage buy-down plan dead
by Andy Walker
The idea of paying P.E.I. growers to take potato acreage permanently out of production has been shelved following a province-wide plebiscite. more >>
4. Colony Collapse Disorder threatens bee colonies
by D. Larraine Andrews
A new threat to honeybee colonies in the United States has commercial beekeepers in Canada concerned about the state of their hives. Colony Collapse Disorder (CCD) is the term that is being used to describe a mysterious illness that has been responsible for the collapse of thousands of colonies across 24 states. more >>
5. Quebec ethanol plant in operation
by Allison Finnamore
Quebec?s only ethanol plant is now at full operation. more >>
6. Soil and crop management practices evaluated
by Owen Roberts
The benefits to producers of taking a greater role in managing soil and crops mostly outweigh the costs, says a new report. more >>
7. B.C. ranchers launch public awareness campaign
by Peter van Dongen
The British Columbia Cattlemen?s Association has launched a new radio program to promote the industry to the general public. more >>
8. Market Focus ? USDA report review - feed grain focus
by Mike Jubinville of Pro Farmer Canada
I remember suggesting a month ago that the upcoming USDA prospective plantings and grain stocks reports, released March 30, had the potential to inspire multiple days of limit moves in either direction, and that wild market volatility may be on the way in the report?s aftermath, depending on how the data would be interpreted by the trade. But that was just talk back then. Over the past week, we saw the reality. more >>
The editor and journalists who contribute to FCC AgriSuccess Express attempt to provide accurate and useful information and analysis. However, the editor and FCC/AgriSuccess cannot and do not guarantee the accuracy of the information contained in this report and the editor and FCC/AgriSuccess assume no responsibility for any actions or decisions taken by any reader of this report based on the information provided in this report.
This report is protected by copyright and is intended for the personal use of the subscriber only and may not be reproduced or electronically transmitted to other companies or individuals, in whole or in part, without the prior written permission of FCC/AgriSuccess. The views expressed in this report are those of the authors and do not necessarily reflect the opinion of the editor or FCC/AgriSuccess.
Copyright 2007, Farm Credit Canada
For daily Ontario, provincial, national, world ag. news, check out...
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