The average price of agricultural land varies enormously in each province, according to the situation (border location with Luxemburg or France, for example). The average price per hectare in 2018 in Wallonia varied between 27,000 euros (Luxemburg) and 39,000 euros (Walloon Brabant).
The price is highest in Flanders, 40% more expensive than in Wallonia. In Flemish Brabant, 37, 000 euros per hectare is mentioned and 64,000 in the province of Antwerp and western Flanders.
“When a hectare of wheat costs 1,100 euros and brings in 1,500, you can’t buy land for 30,000 euros a hectare. The problem stems from very large undertakings and from people with nothing to do with farming earning lots of money and coming from the agri-food industry or elsewhere. At times, the excess is such that it is killing off the small farmer and there’s nothing we can do,” he continued.