🎙 The Evan Bray Show - Tim Hammond on Farmland Prices, Affordability, and Leasing Trends

Introduction‍

On October 22, 2025, Tim Hammond joined Evan Bray on The Evan Bray Show (650 CKOM / 980 CJME) to talk about the shifting realities of Saskatchewan’s farmland market.

In this engaging radio conversation, Tim and Evan explore what’s driving farmland values, how affordability has changed, and why leasing is becoming a key part of the equation. They also discuss generational transitions, the truth about foreign ownership, and what today’s young producers should consider when expanding their operations.

👉 Listen to the full interview:

🎵 Tim Hammond on The Evan Bray Show — October 22, 2025

Key Takeaways

Farmland values remain strong — but affordability is tightening
Saskatchewan continues to see healthy appreciation, with most regions experiencing 8–12 percent annual growth. However, rising interest rates and lower commodity revenues have made it harder for younger farmers to make the numbers pencil out.‍
Leasing is a strategic tool, not a fallback
‍Many producers are choosing to lease rather than buy, allowing them to scale operations while managing capital costs and risk exposure. Leasing provides flexibility during market uncertainty and may make more sense than overextending on land purchases.‍‍
Generational transitions are reshaping ownership
‍Over the past 15 years, many retiring farmers have chosen to rent their land rather than sell, benefiting from appreciation and stable returns. But as these owners age, more are beginning to sell, opening potential opportunities for the next generation.‍‍
Foreign ownership concerns are overstated
‍Despite frequent headlines, farmland transactions in Saskatchewan remain overwhelmingly Canadian-owned. Organized real estate firms are required to verify ownership under FINTRAC regulations, and foreign investment represents only a very small fraction of total activity.‍
‍Farming is more sophisticated than ever
‍Modern farm transactions increasingly resemble mergers and acquisitions — involving corporations, holding companies, family trusts, and joint ventures. Expertise in finance, law, and taxation is now essential to structure deals that stand the test of time.

“You have to be extremely strategic when buying farmland today. Run the numbers, plan for volatility, and make sure the deal fits your operation.”

~ Tim Hammond, Founder & Broker, Hammond Realty

Closing Thoughts‍

The conversation with Evan Bray underscores both the strength and complexity of Saskatchewan’s farmland market. Strong values and steady appreciation remain a hallmark, but strategy, timing, and structure matter more than ever.

For more insights on Saskatchewan farmland values, leasing trends, and ownership transitions, explore related articles: