Farm Credit Canada (FCC) annually reports on sales from across Canada and contrasts them to previous years. Canadian farmland has consistently increased in the past decade, including in Saskatchewan. Although some parts of the province reported only modest increases, each region saw a rise in value in 2021 compared to 2020.
The value of farmland can vary based on soil type, irrigation, and other environmental impacts. In some parts of Saskatchewan, sale prices have been greatly affected by natural...