Farm Credit Canada put out their farmland values report for Manitoba, earlier this month, and the province saw an average increase of 9.9%. The area that saw the biggest jump was the Parkland at 17.6%.
FCC's appraiser for Manitoba, Peter Alder, said that you often have to look at the bigger picture and not just the percentage increase.
In the Parkland area there was a bit of a catch up factor. The land values were lower than other areas of the province where we already see $5000 an acre.
Westman saw the next biggest increase at 12.2%, while the Interlake was third at 9.4%. You can see FCC's full 2021 Farmland Values Report here.
