Country 105

Country 105

Agriculture Report

Canadian Farmland Values Rise

By Manny Paiva

FCC says farmland values across Canada rose 22 per cent last year.

Length: 1:13

It pays to own a farm.

Farmland values across Canada rose 22 per cent last year.

Farm Credit Corporation says the biggest jump was in Saskatchewan -- where farmland values rose almost 29 per cent.

FCC spokesperson Cathy Gale says the increase was the highest since the agency began evaluations in 1985.

Second highest was Manitoba at 25.6 per cent and Quebec at 24.7 per cent.


The Canadian Wheat Board Alliance says farmers are receiving a much smaller percentage of the port price for grain than in previous years.

The problems with grain movement on the Prairies is getting the blame.

And there are reports grain companies are cashing in.

One Saskatchewan farmer says grain is being purchased in the roughly 5 dollars and 50 cent range -- while grain at the port is selling for more than 10 dollars.


Agriculture Minister Gerry Ritz has announced the reappointment of David Carefoot as a director of the Canadian Wheat Board.

Ritz says Carefoot has been an asset to the wheat board, and has extensive financial background and experience in the agriculture industry.


Cattle and hog producers in western provinces can now apply for help to deal with unexpected price drops such as those that were seen during the mad cow crisis.

Applications are being accepted for the Western Livestock Price Insurance Program.

It allows producers to ensure a price for their animals by buying insurance.

Producers will have options for how they want to insure their calves, feeders or fed cattle and for the length of time they want the animals covered.


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