Interest Rates & Farmland Prices: What’s Coming for Canada?

In this insightful episode of The Impact Farming Show, host Tracy Brunet sits down with JP Gervais, Vice-President & Chief Economist at Farm Credit Canada (FCC), to discuss the highly anticipated 2024 FCC Canadian Farmland Values Report.

Each year, this report provides critical insights into farmland value trends across the country—and this year’s findings do not disappoint. JP unpacks the key highlights, regional trends, and what the data means for Canadian farmers in the current economic climate.

In This Episode, You’ll Learn:

- Overview of the 2024 FCC Farmland Values Report:JP explains the purpose of the report and what it covers—from value trends to market dynamics.
- Farmland Values Across Canada:A look at how land values changed across provinces in 2024 and what’s driving those shifts.
- Surprises in the Data:JP shares what findings stood out most and how 2024 compared to previous years.
- Impact of Interest Rates:How elevated rates in recent years affected farmland transactions, and whether things are picking up in 2024.
- Looking Ahead to 2025:JP offers his expert outlook on future trends in farmland demand and where interest rates may be heading.
- Advice for Canadian Farmers:Insightful takeaways on navigating the current land market and preparing for what’s next.

Thanks for tuning in,

Tracy

p.s. FREE Transition Planning Resource eBook: If transition planning is on the horizon for your farm, don't miss downloading our FREE resource guide. https://www.farmmarketer.com/impact_farming_show/free_resources

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Impact Farming Show, Agriculture Podcast, Tracy Brunet, Farm Business, JP Gervais, Farm Credit Canada, 2024 Farmland Values Report, Canadian farmland values, Farm Finance, Farm Management, Sustainable Farming, Farming Tips, Farm Business Management, Farming Success, Wealth Management for Farmers, Farm Funding Solutions, Agricultural Finance, Farming Innovations, Farm Financial Solutions, Agribusiness, Agriculture, Farming, Farmers, Family Farm, Farm Life

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