![]() In 2018, cash rent per tillable acre in the province ranged from $50 in five counties, including Renfrew and Prince Edward, to $300 in Huron, Oxford and Perth counties. The report outlined the median typical cash rent and price per tillable acre for average-quality cropland in each provincial region. Ratio of acres rented, leased, cropshared or custom farmed in 2018 to acres owned Some of the highlights included:Īcres rented, leased, cropshared or custom farmed in 2018 ![]() The survey also collected some information on respondent characteristics. However, the categories are not mutually exclusive. The greatest number of respondents identified as farmland owners and the second-highest category of participants was active farmers. Land values and characteristics can vary within regions, so results reflect an average price for average-quality land. Respondents answered questions related to Ontario farmland, farmland values and rental rates for 2018, a University of Guelph report said. In total, 1,769 people voluntarily participated in the online survey between Jan. Producers across Ontario participated in a farmland value and rental rate survey examining average monetary values for land in different regions of the province. University of Guelph researchers share survey results on the province’s 2018 figures
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