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On Camera

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Reading Time: 9 minutes In The Holland Marsh North Of Toronto, Jamie Reaume And The Area’s Vegetable Farmers Are Learning That Becoming A Media Darling Is A Full-Time Job. But, Says Reaume, It’s Worth It I’m doing a television show right now,” Jamie Reaume says over the phone. “And I’m filming tomorrow as well.” Then, Reaume suggests, why don’t […] Read more
Features

The Marketing Puzzle

Reading Time: < 1 minute A call, a put, a naked writer. At-the-money, in-the-money, out-of-the-money. It’s enough to make you think you’re locked inside a jigsaw puzzle where none of the pieces fit. In fact, though, if you go to some online dictionaries of grain marketing terms, you’ll find these are a mere handful of the sub-categories listed for just […] Read more
Features

R.O.A. – for Aug. 30, 2010

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Reading Time: 3 minutes Farmers live poor and die rich. That’s what the old adage says, and as the average age of Canadian farmers continues to creep up, it certainly seems true. According to Statistics Canada, the average Canadian farm in 2008 had assets valued at about $1.5 million and a net worth of $1.28 million. More important, though, […] Read more
Features

Grain And Oilseed Farms – for Aug. 30, 2010

Reading Time: 4 minutes On Feb. 25, 2008, Hard Red Spring wheat peaked at an incredible $24 a bushel on the Minneapolis exchange. “That affected the psyche of the entire grain market,” says Derek Brewin, professor at the University of Manitoba’s department of agribusiness and agricultural economics. The 2007 to 2008 price rallies set off a wave of farm […] Read more
Features

PIGS – for Aug. 30, 2010

Reading Time: 3 minutes Nowhere is it more true than in the hog sector. Abnormal is the new normal in Canadian agriculture overall, but the swine industry in particular experienced repeated, devastating blows during the five-year sample period. It used to be that revenue per pig produced was cyclical. Typically the price cycle was two years up, two down. […] Read more
Features

CATTLE* – for Aug. 30, 2010

Reading Time: 2 minutes “There are more and more farmers who are proactively making choices based on business principals,” says Dale Kaliel. Kaliel works on the AgriProfit$ program, a farm business analysis service focusing on unit production costs, overall farm financial roll-up and financial benchmarks. “The key to ROA is to improve production and economic efficiency within your capital […] Read more
Features

Kernels of Wisdom – for Aug. 30, 2010

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Reading Time: 4 minutes Does it really take seven years for gum to pass through your digestive tract? Do you really lose 40 per cent of your body heat through your head? Does a red sky at night really predict good weather? All of us can recite lists of folk wisdom as long as your arm. But is any […] Read more
Features

Incorporation may still be the best option for your farm. Read on, though. You and your children could also come to regret it as the worst choice you ever made

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Reading Time: < 1 minute While the sun poured into our accountant’s office earlier this spring, my husband and I shifted the conversation from filing income taxes into a direction that many and perhaps most Country Guide readers have wondered about too. Should we incorporate, we ask, or should we stay as a sole proprietorship? According to the 2006 federal […] Read more
Features

Challenge #1 Weak Management

Reading Time: 2 minutes Carl Moore doesn’t hide his opinion about farm corporations. In fact, he wants to warn practically every farmer he sees. “I’ve seen too many disasters with farm corporations,” the farm adviser says. “I just shake my head when anyone says they want to incorporate.” The main reason Moore is so opposed, he says, is that […] Read more
Features

Challenge #2 Succession Planning

Reading Time: 4 minutes Corporations do give farmers access to technical strategies that you simply can’t use in other management systems, including some sometimes-sophisticated strategies for separating the land from the business, for setting up voting and non-voting shares, and for determining exactly how and when shares will be transferred. For our experts, however, the question is whether the […] Read more

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