Canadian farmland values continued their upward climb in the first half of 2026, although the pace of growth has slowed compared to recent years.
According to Farm Credit Canada’s latest mid-year farmland values review, cultivated farmland values increased by an average of 3.8 per cent nationwide between January and June. That’s down from the six per cent increase recorded during the same period in 2025, signaling a more cautious market environment.
Despite the slowdown, FCC says farmland remains a resilient asset.
Manitoba was among the stronger-performing provinces, posting a 5.3 per cent increase in farmland values during the first half of the year.
The report highlights growing regional differences across Canada’s farmland market. FCC says land values continue to rise overall, but trends are increasingly influenced by local economic conditions and the profitability of individual farming operations.
