Retire Easier

Reading Time: 6 minutes The very nature of farming can squash all of a farmer s best intentions for off-farm investing. Busy schedules, fluctuating incomes and the constant demand for new technology can each put the reins on even a modest plan. Yet for more farmers, off-farm investing is becoming an essential business strategy, both so they can inject […] Read more

All Together Now

Reading Time: 9 minutes We aren t alone. All around the world, farmers are searching for ways to succeed in a business environment that s more intense than anything we ve ever seen. Yes, margins have been tight before, but now markets are just more volatile, input costs are soaring and the price of land is rising beyond belief. […] Read more


Succession Primer

Reading Time: 5 minutes ” ACKNOWLEDGE THE SIZE OF THE JOB Leaving a leadership and ownership role in any business requires preplanning. Leaving a farm business can be even more difficult. It s no longer a simple transaction, says Larry Morin, an independent farm business adviser based in Fort Saskatchewan, Alta. who specializes in agricultural succession planning. Mom and […] Read more

Five Paths To A Fair Rent

Reading Time: 4 minutes A generation ago, crop-share agreements made up 40 per cent of land rentals. A lot of landlords were retired farmers and they wanted to retain their active farming status, says Merle Good, provincial tax specialist with Alberta Agriculture based in Olds. On the tax side, they wanted to look like an active farmer by having […] Read more


“The Innovations Offensive”

Reading Time: 4 minutes A German-language press release issued a few weeks ago by DLG, the German Agricultural Society, captures in a single word one of this year s most astute observations about the global farm machinery market. It s the German word innovationsoffensive, which means just the same on our side of the Atlantic, and is just as […] Read more

Growing More, Earning Less

Reading Time: 7 minutes The primary reason for the success and growth of North American agriculture has been the ability of Canadian and U.S. farmers to do two seemingly contradictory things simultaneously: increase productivity and at the same time, reduce production costs. By doing both, farmers remained competitive in the global marketplace despite decades of declining commodity prices. Unfortunately, […] Read more


CLICK AND PRINT

Reading Time: 9 minutes When there aren t enough hours in the day to even get all the essential jobs done, it s no surprise that writing job descriptions, drafting interview questions and carrying out performance reviews often plummets to the very bottom of the farm priority list. That doesn t make it wise, though. In fact, in a […] Read more

Big Idea Bridging The Gap

Reading Time: 4 minutes When The 100-Mile Diet was topping bestseller lists in North America, the reaction of Canada s commercial-scale farmers barely rose to an apathetic OK, but so what? Most of our farmers after all are in the business of producing wholesome and affordable products that are then shipped as bulk commodities to distant cities or around […] Read more


5 Questions To Ask Your Market Adviser

Reading Time: 8 minutes Markets can be overtaken by hype and emotion, says ag economist Al Mussell. The last thing you need is an adviser or broker who injects even more. Before the frustration sets you storming out the back door, chucking your smart phone into the field and yelling some words that you aren t even supposed to […] Read more

BOOM VS. BUST

Reading Time: 8 minutes Canadian grain growers are in unfamiliar territory. Their farms are suddenly profitable. Even stranger, their farms are consistently profitable, mainly due to across-the-board strength in grain prices. And that s only the dizzy start. Suddenly, all the old economic laws about market cycles look like they were written for some other industry in some other […] Read more