Reprinted from Market Watch
PI Financial
David Derwin . Joseph Alkana . Adam Pukalo
Contact us, Canada’s leading independent commodity futures advisor at
www.Commodity-Options.ca or call us at 1-844-982-0011.
Watching Land Prices

We work with farm operations on a risk management plan for their entire operation. This not only includes their grains, livestock, and CDN$, but their fertilizer, fuel costs, and even land. Today we give an update from our partners at Canadian Farm Realty on what you should know if you are looking at selling your land. First, although the price of farmland isn’t moving upwards anymore, there is still a lot of interest from farmers to expand their businesses. Of course, continuing low interest rates do help very much. Second, they are seeing some renewed interest from European buyers coming into the Canadian market. After a few slow years, it looks like this summer will see more activity from people investigating their options and also from farmers ready to purchase. Sky high land prices in Europe and a more favorable exchange rate make Western Canada attractive for them again. Dolf Feddes has been on sales and marketing trips to Holland and Germany and feels that this market is definitely past its low point. Third, they have also become more active helping sellers to set up a tendering process for their farm land. Because it is a more balanced market, tendering is not as ‘easy’ anymore as in the recent past. Proper advertising, contacting potential bidders and having the tender due dates and possession dates correct are essential to get top dollar for your farm land. They have seen more sellers recognizing this and contracting us to guide them through this process. Go to www.canadianfarmrealty.com for more information on Manitoba’s number one farm team any time to investigate your options or call them at 204-326-4567.

Bottom Line: We help farms with their risk management plan not only to protect their price, but other areas of their operation too.  Visit our website at Commodity-Options.ca or call us at 844-982-0011, that’s 844-982-0011.