Reading Time: 6 minutes As farming gets ever more expensive and as margins get tighter, there’s less room for error, which means the need for risk management isn’t going away in the next 10 years. What will change, though, is the type of insurance products farmers will be able to buy, with innovations driven primarily by technology and by […] Read more
Farming in 2030: Managing risk
Innovative insurance companies reveal how on-farm data is leading to next-generation policies that increase liquidity and profitability
A farm advisory team that works — for you
Advisors can help take the emotion out of business decisions
Reading Time: 8 minutes A few years ago, Harvey Aberhart came to a family farm meeting looking stressed out. Like many farmers across the country, he wanted the family to find their way to a healthy, forward-looking succession plan, but the night before the meeting, he had been kept up all through the early hours by thoughts of a […] Read more
The skills you’ll need as farms become more digital
Technology is transforming agriculture at a speed we hardly grasp. Will yours be among the farms that emerge stronger?
Reading Time: 5 minutes In October, Country Guide covered the report “Farmer 4.0: How the Coming Skills Revolution Can Transform Agriculture” published by RBC, with its emphasis on how the era of super-automation will change how we farm. “As Canadian farmers leave traditional tasks to smart machines, and focus on strategy and systems, they’ll be better positioned than ever […] Read more
Farm CEO: The complete farm executive
Reading Time: 3 minutes What does the basic mindset of a farm CEO look like? I’m currently using a three-factor model to describe what I think makes a highly effective farm executive. The first is business results. Obviously at the end of the day if we don’t define success and achieve objectives that keep us in business, never mind […] Read more
Farm CEO: Culture matters
Are you paying attention to the culture of your farm or farm business?
Reading Time: 3 minutes Why should we care about the culture of our business? Culture captures the essence of what makes a business tick, yet it is poorly understood. Culture has reached cliché status as a management concept, and that’s regrettable because understanding what culture really is, its connection to leadership, how it is created and how it has […] Read more
Having farm meetings that work
These strategies can make family meetings a core part of your farm culture
Reading Time: 5 minutes We’re too busy.” If that’s your reason for putting off holding family business meetings on your farm, you’re not alone.Agricultural business advisors hear their clients say it time and again to explain why they haven’t started holding farm meetings. Except as excuses go, this one doesn’t really hold water. Too often, in fact, it’s a […] Read more
Become a farm CEO: Why make the shift?
Executive-level behaviour is good for both the farm and farmer
Reading Time: 3 minutes It’s time that farmers develop beyond being the world-class farm managers they are today. That’s the vibe I’m getting from clients, program participants and industry professionals. The conversation around what abilities Canadian farmers need to develop, and how they should acquire them, is already underway. If a farmer is successfully operating his or her business, […] Read more
Dealing with problem employees effectively
Instead of firing them, use these tips to coach problem cases into good employees
Reading Time: 4 minutes It’s getting tougher to find and keep good employees. Nor, by all indications, is the situation going to improve anytime soon. According to the Canadian Agricultural Human Resource Council’s newly released Labour Market Forecast for the next decade, farmers can expect an already tight labour market to get even tighter. According to the council’s survey […] Read more
Investment model offers opportunity for farm expansion
Could Joelle Faulkner’s partnership concept work on your farm?
Reading Time: 9 minutes It’s a common scenario: Farmer Bill has been renting land from his neighbour for years but the time has come and he is ready to sell. He wants Bill to have first refusal on the land, but Bill has just financed a new barn and bought a new combine, so he’s too over-extended to raise […] Read more
Tapping into a new source of farm workers
Traditional labour supplies are running short. Why that may not be a bad thing
Reading Time: 5 minutes With farms getting bigger and with rural populations getting smaller, it’s no surprise you’re having trouble finding local employees with the farm skills and the experience you want. That doesn’t mean you have no options, however. The solution may be to look beyond candidates with ag experience and to begin to look in other sectors […] Read more
A message from April Stewart, Country Guide's Associate Editor
