The University of Guelph’s Department of Food, Agricultural and Resource Economics has officially released the results of its 2025 Farmland Value and Rental Value Survey. For the 10th year in a row OFA has played a key role in distributing this survey to our membership. The survey gathered insights from nearly 950 respondents across the province earlier this year. Led by Professor Brady Deaton, the annual report provides critical, updated data on farmland rental market dynamics and real estate trends to help Ontario producers navigate the market.

Farmland rental agreements are a major business management factor for Ontario farmers, and this newly released data offers an objective look at county level market conditions. The report breaks down regional benchmarks, highlighting median cash rents, median farmland prices, and rent-to-price ratios  across various counties. The survey also captured producer sentiment on the market’s future, revealing that a majority of respondents (51%) expect farmland prices in their region to remain stable over the next 12 months, while 24% anticipate an increase.

OFA is grateful to all the members who took the time to contribute to this important research. To find the benchmarks for your specific area, you can access the full survey results report (PDF) or learn more by visiting onfarmlandsurvey.com.