Quebec’s agriculture general picture
Quebec’s Farmland annualized price growth over (Note: stable or ↑ since 1984)
|10 years (2002-2012):||6.8%(1)|
|5 years (2007-2012):||14.4%(1)|
|1 year (2011-2012):||19.1%(1)|
- In Quebec the average farmland value never decreased during this period.
- ACCORDING TO A SURVEY: AGGRICULTURAL PRODUCERS ARE OPTIMISTIC
115,000 hectares of farmland will be available over the next 5 years.
Quebec benefits from many agricultural advantages (water, high yielding arable land, favourable climate for agriculture).
Quebec’s territory is 13% water: 201,753 km².
In summary: Quebec has good soil, water, few crop diseases and insects.
QUEBEC AND THE UNITED STATES:
- The generalized drought in the United States could create opportunities but could also bring on additionnal challenges(3).
- The 2012 drought in the United States is the most severe since 1956.