Massive Farm Hits The Market For $ 72m But Trump Tariffs Cool Interest

One of Ontario’s Large Working Farms for Sale Has Hit The Market Just Outside London for $ 72.1 Million, Only to be put with a chilly Response from Putential Buyers due to tariff threats on agriculture exports to the us

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The 930-Hectare (2,300-Acre) Farm is located about 1.5 kilometers from Lake Erie in Malahide Townshp and Central Elgin, Spanning Both Rural Municipalities in Elgin County. It’s a working cash crop operation, but potential buyers are nervous about the market for corn, Wheat and Beans Grown there, Said Realtor Philip Chabot with Just Farms, the London Agency Listing the Property.

“The Whole Industry is in a bit of an Upheaval. We’re not sure what Will Happen with (Land) Values ​​and Commodity Prices,” Said Chabot. “A lot of produce is exported to the us a lot. Tariffs make Canadian Produce More Expensive.”

The farm is made up of 18 separate parcels of land extending from the port burwell are just west of port bruce, near sparta. One Family Owns The Land, Having Assembled the Parliament During Many Years, but is selling now “to pursue other opportunities,” Chabot Said.

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It has been on the market for about six months. After the November Election of Donald Trump as Us President, Chabot Noticed the Market Cooling.

“This is a big farm. It may be the large in the province for dirty,” he said. “Everyone is waiting to see the impact of tariffs on agriculture.

Crops are sold to grain dealers who connect to markets, some of which will go to the us, meaning dirty may suffer as a result of trump’s tariff threat.

Chabot Believes there Still is a market for farms, but Patience is needed. “It has delayed the right porchaser coming to the table, but they will come and recognize the value. It’s one of the best farms out there.

Although Industrial Land Has Been in the Central Elgin Area Sale the Announcement of the Volkswagen Electric Vehicle Battery Plant Set to Open in 2027, This Land is zone for farming.

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“It’s strictly agricultural,” Chabot Said. “Its use can vary. It’s a cash crop (operation). It could produce vegetables, but it’s prime agricultural land. It’s not for industry development.”

The Tariff Threat is the latest hit to the agricultural real estate market. Recent Years Have Seen Higher Interest Rates and Inflated Land Princes. The Current Headwinds May be a “Leveling-Off Period,” Said Ryan Parker, Appraiser with Valco Consultants In London, Specializing in Agricultural Real Estate.

“Anything that impacts profits and margins will affect the ability to buy another farm. That’s Why Tariffs have People unsetttled,” Parker Said. “From weekend to weekend, we have no idea who or what is compliant. People are sitting back and waiting.”

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Growers also may be waiting to determine what government support is being offered as a result of tariffs and that may impact where buy a farm, he said.

According to the Ontario Federation of Agriculture (OFA), the US has imposed 10 per hundred tariffs on Energy Imports from Canada and 25 per cent Tariffs on All Others from Canada. In Responsible, Canada has imposed initial reciprocal Tariffs of 25 per cent Against $ 30 Billion in Goods from the US

But the us has pledged more tariffs on wide array of goods, to come into effect in April.

Canada also is in a trade dispute with china, impact the agricultural community here. Canada Imposed at 100 per cent Tariff on Chinese-Made Electric Vehicles and 25 per cent on Steel and Aluminum Imports.

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China has been breathtaking with Tariffs on More Than $ 2.6 Billion Worth of Canadian Agricultural and Food Products Effective Thursday. That included at 100 per hundred tariff on Canadian Rapeseed Oil, Oil Cakes and Peas and 25 Per Cent Tariff on Canadian Seafood and Pork.

In 2023, Canada Exported Nearly $ 99.1 Billion in Agricultural and Food Products and Approximataly 60 per cent of Those Exports Went to the United States. More than 85 per cent of Canada’s Greenhouse Vegetable Production is exported and Statistics Canada Data Shows that 99.5 per cent of Those Export Go to the United States.

Canada Also Export A Large part of Our Beef, Pork and Canola Oil Production, According to the sofa.

Canadian Agriculture ALSO Sources A Significant Ament of Livestock Feed, Veterinary Products, Farm Machinery and Agricultural Inputs Such As Seed, Fertilizer and Crop Protection Products from the US, Making the Canadian and Us Agri-Food Sector Highly Integrated.

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