Saskatchewan Farmland Market Report — 2025 Year-End Data & 2026 Outlook

The Saskatchewan farmland market closed out 2025 on a strong note. Here’s a comprehensive look at what happened and what to expect in 2026.

2025 Performance

Saskatchewan led Canada in farmland value growth for the second consecutive year. Average values increased approximately 12% year-over-year through mid-2025, building on the 13.1% gain reported by FCC for 2024. Transaction volumes remained healthy despite higher interest rates, with strong demand from local operators and investors.

Regional Breakdown

Southeast SK (around Regina): Strongest demand, with quality grain land selling above $3,500/acre in many RMs. The Indian Head, Lumsden, and Sherwood areas saw particularly active markets. Central SK (Saskatoon region): Corman Park, Dundurn, and surrounding RMs saw continued appreciation driven by urban proximity and excellent soils. Southwest SK: More moderate price growth, with ranch and pasture land seeing increased interest from cattle operations. Northeast SK: Mixed farming areas saw steady but lower appreciation rates.

Cash Rent Rates

Cash rents in Saskatchewan ranged from $68–$124 per acre in 2025, depending on soil quality and region. Black soil zone land at the high end, brown soil at the lower end. These rates support farmland as an income-producing investment even at current price levels.

2026 Outlook

The fundamentals supporting Saskatchewan farmland values remain intact: limited supply, multiple competing buyer types, agricultural profitability, and farmland’s role as an inflation hedge. While the pace of appreciation may moderate from the double-digit levels of 2024–2025, most market observers expect continued positive momentum. Interest rate cuts could add fuel to demand.

For a personalized market analysis of your area, contact Adam Hungle at 306.531.8854.