Farm Credit Canada says it's 2014 forecast hit the mark in several areas.
It's economists projected a cooling off of farmland value increases in 2014.
Turns out some parts of the country continued to have strong demand for farmland while others saw little or no increase over the past year.
FCC says it's prediction of an improved U-S economy in 2014 was accurate.
However, economists point out U-S households are vastly worse off than they were in 2007 - which may limit the opportunities available there.
There was mixed success with FCC's projection of weaker farm equipment sales.
Overall tractor sales were 3 per cent higher through October - but four wheel-drive tractors and combine sales were down 21 per cent.
The economists say weaker grains and oilseeds margins pushed down demand for larger equipment while strong margins for livestock supported smaller horse power equipment.
And Farm Credit Canada had predicted increased heifer retention in 2014.
However, there hasn't been any increase in the Canadian cattle herd this year.
FCC suggests we may begin to see an increase in the number of retained heifers and small increases in the cattle herd in 2015.
