Table 1

Statistics for Farmland Sales Data

	2017	2018	2019	2020	2021	2022	Total
Mean
Total (Can$)	578,900	507,687	425,418	457,303	517,767	582,647	507,874
Price/acre (Can$)	10,836	8,920	8,142	9,743	11,671	11,300	10,176
Acres	153	117	96	95	98	99	106
SD
Total (Can$)	860,079	693,685	601,353	639,455	882,670	977,641	793,251
Price/acre (Can$)	37,839	24,482	25,101	31,319	37,239	41,941	33,872
Acres	251	144	102	75	106	71	128
Median
Total (Can$)	347,700	290,000	243,861	263,755	275,000	322,000	286,000
Price/acre (Can$)	2,924	2,747	2,500	2,758	2,800	3,118	2,807
Acres	100	97	95	94	95	95	95
Observations	5,097	6,297	7,860	8,294	10,034	8,124	45,706