Calgary, Canada, November 24, 2011 --(PR.com
)-- Saskatchewan farmland values increased an average of 11.6% during the first half of 2011, the highest rate of appreciation in Canada. Saskatchewan farmland returns are tracking other farmland markets driven by robust agricultural commodity prices and a demonstrable valuation discount. According to Farmland Credit Canada values increased by an average of 1.9% per month between January 1 and June 30, 2011. Farmland values in Saskatchewan have been rising since 2002. In addition, the appreciation in Saskatchewan has been markedly more rapid than its neighbors Alberta and Manitoba reflecting discounted land prices that are catching up to global and national averages.
Agcapita Farmland Fund III is currently raising $20 million via a RRSP eligible offering with a minimum investment of $5,000. Agcapita Farmland Fund III is open to investors in BC, Alberta, Saskatchewan, Manitoba and Ontario. Investors outside of Ontario do not have to be accredited. Agcapita Farmland Fund is part of a family of funds with over $100 million in assets under management and is the only RRSP eligible farmland fund in Canada.