Reading Time: 3 minutes Canola prices, as just one example, are down approximately 25 per cent from late 2023. Wheat is down 15 per cent, meaning producer paycheques have decreased with the markets this winter. That’s not all there is to watch for, however. Given that many farms have post-harvest year-end dates, a significant amount of inventory on 2023 […] Read more
Summer Series: Watch your grain inventory adjustment
[Make It Count] With the winter’s drop in grain prices, it’s important to track your inventory adjustment to avoid cash-flow and financing surprises
Summer Series: Build a better crop budget
[Land] Financial management is evolving as fast as agronomy. Your budget can have the best of both
Reading Time: 3 minutes Crop planning involves decisions on return on investment and cost/benefit, and also cash flow and financing considerations. Some producers now utilize both agronomists and financial consultants to help build their crop budget. Optimizing crop budget planning is increasingly important as crop expenses increase and agronomic options continue to expand. Logistics, opportunity costs and strategy Logistics […] Read more
Summer Series: Assessing your farm’s financial horsepower
[Change Management] It’s going to pay to keep your financials in order in 2024, and beyond
Reading Time: 3 minutes Every year, we go through harvest with our grain. Then there comes a harvest season of a different sort — the bookkeeping and the accounting that needs to get caught up to “close the books.” Unfortunately, some accountants can get backed up like grain terminals in winter. Farm files trickle in until eventually the accountant’s […] Read more
Summer Series: Grow your farm manager
[Leadership] Leaders are made, not born. That much is clear. But how exactly do you make such a concept pay off on your farm?
Reading Time: 3 minutes There’s only so much time in a busy farm owner’s day. Here’s how can you help your farm manager develop their leadership skills, so you can focus on the big stuff.– April Stewart, CG Associate Editor Dr. Stephen Brown says: “You are not a leader until you have produced a leader who can produce another […] Read more
The four finance roles every farm needs
Reading Time: 3 minutes Summer is when many farm operations fall behind on paperwork and bookkeeping. It’s understandable. Producers are outside raising crops and animals or trying to fit in a summer vacation. And after spending the winter inside, we all want to get outdoors. But ‘catching up on the books’ post-harvest is increasingly unfeasible. The winter planning season […] Read more
A message from April Stewart, Country Guide's Associate Editor
