How do farmland prices vary around the globe?
The world's farmland prices are in continual flux, and vary greatly based upon location, soil quality, regional weather, infrastructure, water, and irrigation potential. Prices also depend upon respective national politics and farm policies. Currently, there is a great deal of interest in arable farmland acquisitions throughout the world by sovereign wealth nations, investment vehicles, agri-businesses, and individuals.
The following table lists valuations within countries and regions within countries:
Chart: http://bigpictureagriculture.blogspot.com/
(Acre to hectare conversion is 2.47.)
Note that some of the information used to create the table above is from the 2011 Wealth Report by Citi Private Bank and Knight Frank Worldwide.
The world's farmland prices are in continual flux, and vary greatly based upon location, soil quality, regional weather, infrastructure, water, and irrigation potential. Prices also depend upon respective national politics and farm policies. Currently, there is a great deal of interest in arable farmland acquisitions throughout the world by sovereign wealth nations, investment vehicles, agri-businesses, and individuals.
The following table lists valuations within countries and regions within countries:
| Country: | Price per Acre: | Land Description: | Price change last year: | Type of Risk: |
| New Zealand | $9,312 | Dairy Farms | -3% | Economic |
| England | $8,907 | Average all land types | +13% | |
| United States | $6,478 | Quality dryland in cornbelt states | +8% | Economic |
| Argentina | $6,072 | Buenos Aires Province | ||
| Canada | $5,100 | Ontario province | ||
| Brazil | $4,858 | Top sugar cane land in Sao Paulo | +24% | Political, Economic |
| Brazil | $2,834 | Dryland double-cropping in Mato Grosso | +20% | Political, Economic |
| Uruguay | $2,800-3,600 | good farmland, with easy access to the transport system | ||
| Brazil | $2,429 | Dryland double-cropping in west Bahia | +6% | Political, Economic |
| Argentina | $2,024-$4,049 | Central provinces | +10% | Political, Economic |
| Poland | $1,842-$3,289 | Price dependent on size of holding | 0% | |
| Australia | $1,200-2,800 | best wheat producing land | ||
| Australia | $648-$688 | Dryland arable with reliable rainfall | +2% | Economic, Climate |
| Romania | $631-$1,315 | Price dependent on size of holding | 0% | |
| Canada | $526 | Saskatchewan province | +7% | |
| Argentina | $486-$1,012 | Northern provinces | +10% | Political, Economic |
| Zambia | $405-$607 | Long Leasehold | Political, Climate | |
| Russia | $121-$405 | Price dependent on size of holding and progress of freehold application | -10% | Economic, Political |
| Brazil | $121 | Native bush with high cattle potential in Para | +11% | Political, Economic |
| Ukraine | $61-142 | 5-10 year lease rights | 0% | Economic, Political, Climate |
Chart: http://bigpictureagriculture.blogspot.com/
(Acre to hectare conversion is 2.47.)
Note that some of the information used to create the table above is from the 2011 Wealth Report by Citi Private Bank and Knight Frank Worldwide.