It will be interesting to see if this trend holds in light of the current economic crisis but, a new report says the value of BC farmland increased by 3 percent, in the first half of this year.
The Farm Credit Corporation report says there a growing interest in farmland investment, because of growing demand for food and biofuels, resulting in higher grain and oilseed prices.
This is the third consecutive corporation report of an increase in the value of farmland in the province and together, they represent a total jump of more than 20 percent.
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