The Farm Property Management Division
of Canadian Agra oversees our extensive land holdings and is responsible
for the selection of suitable tenants and the administration of land
Land rental agreements are the contractual basis for situations in
which the land owner does not farm the land, but rents it out. Under
certain circumstances, it is advantageous for a farmer to lease land
rather than to purchase it: no heavy investment from the farmer is
required, but the expansion of production remains an option. A sophisticated
farm management system has been developed by Canadian Agra.
The rental agreements contain clauses specifying good land-stewardship
practices, which prevents the exploitation of the land. Long-term
thinking is built into the contract regulations.
The farm property management division is also responsible for land
improvements, such as the installation of drainage, the renovation
of houses and barns, the removal of old fences and other obstacles,
and the creation of grass waterways and windbreaks for erosion control.
Farm Property Management conducts field-by-field
land assessment studies. These consider all factors affecting the
value of land such as location, fertility, topography and soil quality.
An evaluation system to assess each parcel of land is in place. These
land assessments, advising the portfolio owners of market value, incorporate
financial information such as land price, annual return, expenses
and rental income.
The computerized records which are kept for
each field are tabulated against evaluation standards developed by
Canadian Agra taking into account current agricultural trends and
New concepts are always explored. Canadian Agra is working in co-operation
with universities in Canada as well as in the U.S.