Reading Time: 5 minutes At the very least, the old chestnut that farmers sell two-thirds of their crops is the bottom third of the market does stick in the memory. But is it accurate? Um… maybe. There isn’t much hard proof either way, and as for anecdotal evidence, it seems to depend on who you talk to, which may […] Read more
That ugly bottom third
Are farms still selling two-thirds of their crops at the worst market prices?
The ‘succession effect’
Setting transition as a goal for your farm can spur growth and profitability, until about three-quarters of the way through
Reading Time: 5 minutes All farmers, no matter where they farm in the world, share certain characteristics. They are all born worriers, and they all have lots to worry about — weather, crop prices, markets. And on top of the day-to-day production issues, and the management challenges involved in running today’s complex farm operations, farmers also have a lot […] Read more
Me, myself and I
Yes, it takes self-confidence to run a farm. But every farmer also knows a neighbour whose ego is always getting in the way. Could it be you?
Reading Time: 6 minutes The business of farming is a constant battle with weather, prices, weeds, diseases and much more. It means identifying the risks, learning how to measure them, learning about all the tools to counteract them… and maybe it should also involve buying a mirror. Ego by itself is neither good nor bad. It’s simply a Latin […] Read more
Why you should be on social media
... it isn’t the reason you think
Reading Time: 4 minutes Technology is ubiquitous on today’s farms, and your social life is no exception. Social media sites like Facebook, Twitter and Instagram allow farmers to share their stories, engage and educate consumers, and connect with and learn from others in their industry around the world. While some current research does point to the pitfalls of social […] Read more
Building machinery at a glance
AGCO’s Jackson assembly plant expands the use of Google Glass
Reading Time: 6 minutes Several years ago while I was researching an article on the former Massey-Ferguson combine assembly plant in Brantford, Ont., I spoke to a handful of engineers and employees who had worked there in the 1960s. I distinctly recall one of them mentioning how innovative and advanced it was at the time to see a “computer” […] Read more
Get over it
When succession talks start, it doesn’t take long for Dad to think everyone just wants to cut him down to size
Reading Time: 7 minutes It’s impossible to think about the transition of any business — and perhaps more so the family farm — without talking about the governance structure that is going to allow that farm business to operate, thrive and be sustainable for generations to follow. It’s easy to find. Just look for the fireworks. “The flashpoints usually […] Read more
Who controls the purse strings on your farm?
By the time the parents hit their mid-60s, financial decision-making should be in the hands of the next generation. Really!
Reading Time: 5 minutes Two decades ago, U.K. professor Andrew Errington identified three stages of farm transfer: succession, retirement and inheritance. He defined succession as the gradual handing over of managerial control. Retirement was the owner withdrawing from active participation in the business of the farm, and inheritance was how the assets were finally signed over to the successor. […] Read more
Entrepreneurial confidence – and how to get it
AME Management: Entrepreneurial confidence is a necessary quality in business
Reading Time: 4 minutes Business success is largely influenced by entrepreneurial confidence. It is one of the most consistent characteristics across businesses that succeed. Thriving entrepreneurs believe in themselves — their capabilities to learn, apply new knowledge and skills. They reach their desired objectives, and ultimately, realize their vision. In agriculture, where we are challenged with many uncertainties, it […] Read more
Got what it takes?
Cutting out the ‘middleman’ sounds like an obvious way to increase farm profitability. And sometimes, that’s exactly how it works out
Reading Time: 5 minutes Maybe there really isn’t anything new under the sun. For generations, farmers have looked at the yawning gap between what they get paid for their crops and livestock versus what consumers pay in the grocery store, and thought there’s got to be a way to capture more of the consumer dollar for the farm. No […] Read more
Corteva, huh?
Bryce Eger’s job is to get Canada’s farmers to react as positively to the new Corteva name as they do to the biggest brands in agriculture. Is that even possible?
Reading Time: 7 minutes The question is, should you care? The global merger of Dow and DuPont means that some of the most famous names in farm history are getting roped together under an entirely unknown name — “Corteva.” And somehow, all of us in agriculture are supposed to be persuaded to not only learn the new name, but […] Read more
A message from April Stewart, Country Guide's Associate Editor
