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HomeStratford NewsNew study finds demand remains for farmland in Southwestern Ontario

New study finds demand remains for farmland in Southwestern Ontario

We’re still seeing decent demand for farmland in our region.
That’s according to Ryan Parker of Valco Consultants who recently released a study on farmland values in Midwestern Ontario.
It found that there was a ten per cent increase in values between 2022 and 2023, down from an increase of around twenty-five per cent a year the prior two years, with interest rates and commodity prices both playing a role.
Parker says it’s still a good time to sell farmland in the area, especially in Huron and Perth Counties.
“The ones that are selling, there have been quite a few in the last two or three months that have set new highs of well over $35,000 or $40,000.”
In 2023, the average for the eleven counties studied stood at $25,000 per acre.
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