Canadian farmland prices keep growing

They may not have yet entered the same stratosphere as the Vancouver or Toronto housing market, but prices for farmland in Western Canada keep climbing.In Farm Credit Corp.’s recent mid-year farm values review, the year-over-year increase in average price did not rise at the same pace as the previous two years. High borrowing rates (higher than conventional mortgages for urban residential properties) and low commodity prices might have suggested a more sluggish market.However, FCC chief ec