Country 105

Country 105


Agriculture Report

Farm Land Values Still Rising

By Manny Paiva

Valco Real Estate Appraisers and Consultants says prices going up 22 to 25 per cent.


Length: 1:18

The cost of agricultural land in southwestern Ontario continues to go up.

A study was done by Valco Real Estate Appraisers and Consultants -- and it found farm land values jumped 22 to 25 per cent last year.

Spokesperson Ryan Parker says livestock producers are pushing up the prices.

He notes cash croppers are also big buyers.

Parker adds last year's increases were similar to what they've seen in the previous years.

The Valco report predicts fewer sales of farm land -- and more listings -- as seller expectations outpace buyer demand this year.

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Applications are still open for the 2015-16 Farm Credit Canada Ag Safety Fund.

This year, a total of 100 thousand dollars will be awarded to successful applicants to deliver tractor and machinery safety training in their communities.

The fund is now in its fifth year.

It has provided more than 400-thousand dollars to charitable and non-profit organizations.

Applications are being accepted online at http://casa-acsa.ca/fcc-ag-safety-fund until October 20th.

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This weekend marks another series of fall fairs across Ontario.

One of the fairs is being held in Ripley -- it begins today and continues tomorrow.

The Rocklyn Fall Fair is also being held tomorrow.

 


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