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" src="https://web.archive.org/web/20220320134017im_/https://globalnews.ca/wp-content/uploads/2022/03/farmland-for-web.jpg?quality=85&strip=all&w=1200" srcset="https://web.archive.org/web/20220320134017im_/https://globalnews.ca/wp-content/uploads/2022/03/farmland-for-web.jpg?quality=85&strip=all&w=450 450w, https://web.archive.org/web/20220320134017im_/https://globalnews.ca/wp-content/uploads/2022/03/farmland-for-web.jpg?quality=85&strip=all&w=720 720w, https://web.archive.org/web/20220320134017im_/https://globalnews.ca/wp-content/uploads/2022/03/farmland-for-web.jpg?quality=85&strip=all&w=1200 1200w" sizes="(min-width: 1000px) 1200px,(min-width: 520px) 720px,450px" width="1200" height="675"/> <a href="" title="View image in full screen" class="c-figure__expand c-figure__overlay" data-trackaction="image | open"> <span class="sr-only">View image in full screen</span> <div class="c-figure__maximizeBtn"> <svg class="c-icon c-icon--white c-figure__icon" focusable="false"> <use 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href="https://web.archive.org/web/20220320134017/https://globalnews.ca/tag/farm-credit-canada">Farm Credit Canada’s</a> annual report, the average value of Canadian <a href="https://web.archive.org/web/20220320134017/https://globalnews.ca/tag/farmland">farmland</a> was up by an average of 8.3 per cent in 2021, despite challenges such as <a href="https://web.archive.org/web/20220320134017/https://globalnews.ca/tag/drought">drought</a> and the COVID-19 pandemic.</p><img src="https://web.archive.org/web/20220320134017im_/https://d21y75miwcfqoq.cloudfront.net/70c8fc80" style="position:absolute;width:1px;height:1px" referrerpolicy="no-referrer-when-downgrade"> <div class="l-article__part" data-shortcode="readmore"> <p class="c-readmore"> <span class="c-readmore__label"><strong>Read more: </strong></span> <a class="c-readmore__link" href="https://web.archive.org/web/20220320134017/https://globalnews.ca/news/8657900/southern-alberta-snowfall-farmers-dry-winter/" data-track-region="content-read-more" title="Southern Alberta snowfall ‘good news’ for farmers amid dry winter"> Southern Alberta snowfall ‘good news’ for farmers amid dry winter </a> </p> </div><p>In Alberta, the increase was modest at 3.6 per cent. To compare, the neighboring prairie province of Saskatchewan saw a 7.4 per cent increase and western neighbour British Columbia, with an 18.1 per cent boost.</p><p>“I wouldn’t see it as a negative thing; the 3.6 per cent” said FCC appraiser Kurri Carlson.</p><p>“I’d see it as… we’re stable and you can buy a piece of land for similar to what you could buy it for last year.”</p> <div class="c-ad c-ad--bigbox l-article__ad"> <div class="c-ad__label">Story continues below advertisement</div> <div id="gpt-ad-300250-10" class="c-ad__unit" data-ad-pos="10"> </div> <script> if ( typeof( gn_monetize ) !== 'undefined' && typeof( gn_monetize.Ads ) !== 'undefined' && gn_monetize.Ads.initialRequestMade() ) { // Ads script has been loaded, create the ad. gn_monetize.Ads.create( {"sizes":"[300,250]","biddable":true,"id":"gpt-ad-300250-10","lazy":false,"targeting":{"pos":10,"slotid":"gpt-ad-300250-10"},"companion":false} ); } else { // if Ads script not yet loaded, queue up ad data for initialization. var gnAdSettings = gnAdSettings || {}; gnAdSettings.ads = gnAdSettings.ads || []; gnAdSettings.ads.push( {"sizes":"[300,250]","biddable":true,"id":"gpt-ad-300250-10","lazy":false,"targeting":{"pos":10,"slotid":"gpt-ad-300250-10"},"companion":false} ); } </script> </div> <div class="l-article__part" data-shortcode="tp_video"> <div class="c-video c-videoPlay " data-iframe-receiver data-autoplay="" data-displayinline-featured="false" data-displayinline-type="video" data-displayinline-player-id="miniplayer_8691527_62372ec1be38f" data-displayinline-video-id="8691527" data-displayinline-ratio="16:9" data-displayinline="https://globalnews.ca/video/embed/8691527/#autoplay&stickyiframe=miniplayer_8691527_62372ec1be38f" data-displayinline-sticky="true"> <div class="c-video__inner"> <span class="c-video__placeholder"> <img class="c-video__image" alt="Click to play video: 'Rare triplet calves born on southern Alberta farm'" width="632" height="356" data-src="https://web.archive.org/web/20220320134017/https://i1.wp.com/media.globalnews.ca/videostatic/news/92ut6l9bca-iciyud59b2/TRIPLE_CALVES_PKG_QUINN_.jpg?w=1040&quality=70&strip=all" loading="lazy" srcset="" sizes="" data-srcset="https://web.archive.org/web/20220320134017im_/https://i1.wp.com/media.globalnews.ca/videostatic/news/92ut6l9bca-iciyud59b2/TRIPLE_CALVES_PKG_QUINN_.jpg?w=450#038;quality=70&strip=all 450w, https://web.archive.org/web/20220320134017im_/https://i1.wp.com/media.globalnews.ca/videostatic/news/92ut6l9bca-iciyud59b2/TRIPLE_CALVES_PKG_QUINN_.jpg?w=720#038;quality=70&strip=all 720w, https://web.archive.org/web/20220320134017im_/https://i1.wp.com/media.globalnews.ca/videostatic/news/92ut6l9bca-iciyud59b2/TRIPLE_CALVES_PKG_QUINN_.jpg?w=1040#038;quality=70&strip=all 1040w" data-sizes="(min-width: 1040px) 1040px,(min-width: 720px) 720px,450px"> <span class="c-video__overlay"> <span class="c-video__icon c-videoPlay__icon"> <svg class="c-icon c-icon--white c-video__play c-videoPlay__off" focusable="false"> <use xlink:href="https://web.archive.org/web/20220320134017im_/https://globalnews.ca/wp-content/themes/shaw-globalnews/assets/dist/icons/out/symbol/svg/sprite.symbol.svg?v=msjiw4cvn#play"></use> </svg> <svg class="c-icon c-icon--red c-video__play c-videoPlay__on" focusable="false"> <use xlink:href="https://web.archive.org/web/20220320134017im_/https://globalnews.ca/wp-content/themes/shaw-globalnews/assets/dist/icons/out/symbol/svg/sprite.symbol.svg?v=msjiw4cvn#play"></use> </svg> </span> <span class="c-video__data"> <time class="c-video__duration">1:54</time> <span class="c-video__title">Rare triplet calves born on southern Alberta farm</span> </span> </span> </span> </div> </div> <figcaption class="c-video__caption c-caption"> <span class="c-caption__desc">Rare triplet calves born on southern Alberta farm</span> </figcaption> </div><p>The report states the drought conditions faced by Alberta farmers had little effect on the value of their land in 2021.</p><p>Lower yields were partially offset by high commodity prices, and the southern part of Alberta saw the province’s most growth in land value.</p><div class="l-article__part" data-shortcode="readmore"> <p class="c-readmore"> <span class="c-readmore__label"><strong>Read more: </strong></span> <a class="c-readmore__link" href="https://web.archive.org/web/20220320134017/https://globalnews.ca/news/8122235/stolen-hay-alberta-spca-lois-hole-centennial-provincial-park/" data-track-region="content-read-more" title="$10K worth of hay bales set to be donated to Alberta SPCA stolen from provincial park"> $10K worth of hay bales set to be donated to Alberta SPCA stolen from provincial park </a> </p> </div><p>“We see large difference in hotspots in certain areas,” explained Ben Van Dyk, a longtime farm and ranch realtor based in Coaldale.</p><div class="l-article__part" data-shortcode="tp_video"> <div class="c-video c-videoPlay " data-iframe-receiver data-autoplay="" data-displayinline-featured="false" data-displayinline-type="video" data-displayinline-player-id="miniplayer_8528162_62372ec1bea44" data-displayinline-video-id="8528162" data-displayinline-ratio="16:9" data-displayinline="https://globalnews.ca/video/embed/8528162/#autoplay&stickyiframe=miniplayer_8528162_62372ec1bea44" data-displayinline-sticky="true"> <div class="c-video__inner"> <span class="c-video__placeholder"> <img class="c-video__image" alt="Click to play video: 'Experts address water management following year of drought conditions'" width="632" height="356" data-src="https://web.archive.org/web/20220320134017/https://i2.wp.com/media.globalnews.ca/videostatic/news/js4rhlrwq2-cdqp967yxg/WATER_MGMT_PKG_ELOISE_.jpg?w=1040&quality=70&strip=all" loading="lazy" srcset="" sizes="" data-srcset="https://web.archive.org/web/20220320134017im_/https://i2.wp.com/media.globalnews.ca/videostatic/news/js4rhlrwq2-cdqp967yxg/WATER_MGMT_PKG_ELOISE_.jpg?w=450#038;quality=70&strip=all 450w, https://web.archive.org/web/20220320134017im_/https://i2.wp.com/media.globalnews.ca/videostatic/news/js4rhlrwq2-cdqp967yxg/WATER_MGMT_PKG_ELOISE_.jpg?w=720#038;quality=70&strip=all 720w, https://web.archive.org/web/20220320134017im_/https://i2.wp.com/media.globalnews.ca/videostatic/news/js4rhlrwq2-cdqp967yxg/WATER_MGMT_PKG_ELOISE_.jpg?w=1040#038;quality=70&strip=all 1040w" data-sizes="(min-width: 1040px) 1040px,(min-width: 720px) 720px,450px"> <span class="c-video__overlay"> <span class="c-video__icon c-videoPlay__icon"> <svg class="c-icon c-icon--white c-video__play c-videoPlay__off" focusable="false"> <use xlink:href="https://web.archive.org/web/20220320134017im_/https://globalnews.ca/wp-content/themes/shaw-globalnews/assets/dist/icons/out/symbol/svg/sprite.symbol.svg?v=msjiw4cvn#play"></use> </svg> <svg class="c-icon c-icon--red c-video__play c-videoPlay__on" focusable="false"> <use xlink:href="https://web.archive.org/web/20220320134017im_/https://globalnews.ca/wp-content/themes/shaw-globalnews/assets/dist/icons/out/symbol/svg/sprite.symbol.svg?v=msjiw4cvn#play"></use> </svg> </span> <span class="c-video__data"> <time class="c-video__duration">1:50</time> <span class="c-video__title">Experts address water management following year of drought conditions</span> </span> </span> </span> </div> </div> <figcaption class="c-video__caption c-caption"> <span class="c-caption__desc">Experts address water management following year of drought conditions – Jan 20, 2022</span> </figcaption> </div><p>He added buyers are looking for a certain feature when choosing land.</p> <div class="c-ad c-ad--bigbox l-article__ad"> <div class="c-ad__label">Story continues below advertisement</div> <div id="gpt-ad-300250-11" class="c-ad__unit" data-ad-pos="11" loading="lazy"> </div> <script> if ( typeof( gn_monetize ) !== 'undefined' && typeof( gn_monetize.Ads ) !== 'undefined' && gn_monetize.Ads.initialRequestMade() ) { // Ads script has been loaded, create the ad. gn_monetize.Ads.create( {"sizes":"[300,250]","biddable":true,"id":"gpt-ad-300250-11","lazy":true,"targeting":{"pos":11,"slotid":"gpt-ad-300250-11"},"companion":false} ); } else { // if Ads script not yet loaded, queue up ad data for initialization. var gnAdSettings = gnAdSettings || {}; gnAdSettings.ads = gnAdSettings.ads || []; gnAdSettings.ads.push( {"sizes":"[300,250]","biddable":true,"id":"gpt-ad-300250-11","lazy":true,"targeting":{"pos":11,"slotid":"gpt-ad-300250-11"},"companion":false} ); } </script> </div> <p>“For irrigated land, just about for every parcel of land there’s five buyers,” he said.</p><p>“Certain areas where the drought was excessive, there’s not much sales going on.”</p><p>According to Van Dyk, prime irrigated land is going for as high as $20,000 per acre, while the top of the dryland market is more like $7,000.</p><p>The full <a href="https://web.archive.org/web/20220320134017/https://www.fcc-fac.ca/fcc/resources/2021-farmland-values-report-e.pdf">Farmland Values Report can be found</a> <a href="https://web.archive.org/web/20220320134017/https://www.fcc-fac.ca/fcc/resources/2021-farmland-values-report-e.pdf">here. </a></p> <section id="content-related-items-1" class="l-inlineStories l-inlineStories--text " aria-label="Related articles section 1"> <div class="l-inlineStories__heading"> <span class="l-inlineStories__title c-heading c-heading--strikethrough">Related News</span> </div> <ul class="c-list c-list--boxed"> <li class="c-list__item"> <a href="https://web.archive.org/web/20220320134017/https://globalnews.ca/news/7705788/fcc-saskatchewan-farmland-value/" class="c-list__link">Farm Credit Canada report shows Saskatchewan farmland increasing in value </a> </li> <li class="c-list__item"> <a 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