Reading Time: 6 minutes Farmers across Canada are doing their very best to integrate business practices into their farming operations. They understand that maximizing the success of a farm business takes more than production excellence. But what business practices should they make standard, and why? Let’s first look at where farmers have started from, based on a study called […] Read more
Is your farm keeping up with the times?
These eight practices are becoming the standard for smart Canadian farmers. Are you using them all?
Borrowing our way to prosperity
Is it healthy for Canada’s farmers to have more debt than 130 of the world’s national governments?
Reading Time: 5 minutes Farmers and the ag industry love to set records. They drool over variety yields, bushels per acre, acres per hour, rates of gain, and any other metric that might portray them as more productive, efficient or simply better than their competitors. Yet barely a word was mentioned last spring when Statistics Canada revealed Canadian farm […] Read more
Editor’s Note: Be it resolved…
We’re heading into another meeting season, and here’s a topic that’s actually worth making a resolution out of and standing up to move. Clearly, there won’t be progress if you don’t
Reading Time: 2 minutes Obviously, you don’t have to get very far away from the farm to lose sight of the fact that the real energy that’s driving agriculture isn’t some GMO breakthrough, or some new chemical innovation or even some amazingly brilliant bit of electronic engineering. Nor is it the price of grain, or the value of the […] Read more
Editor’s Note: In 2018, we know what really works
Who thinks of financial management when we have those road-trip discussions about which innovations should get how much credit for making today’s agriculture so great?
Reading Time: 2 minutes If it was a scientific technology that was adding as much capability to today’s farms as effective financial management, we’d all be quick to sing it’s praises. We’d also have a pretty clear sense of how much value it was adding to the farm. It’s an interesting exercise to think about it in terms of […] Read more
That ugly bottom third
Are farms still selling two-thirds of their crops at the worst market prices?
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
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
Risk warning
Inside the campaign to get better risk management programs for Canada’s farmers
Reading Time: 8 minutes Ask Keith Currie where the biggest risk lies, and he’ll point to the sky. “We’re seeing much more severe weather systems, whether it’s cold snaps, dry snaps, wet snaps. The weather patterns are moving differently,” says Currie, who grows hay and sweet corn near Collingwood, Ont., where he is president of the Ontario Federation of […] Read more
Big trends drive diverging high and low income food interests
Panel discussed the future of food and the widening disconnect between growers and consumers
Reading Time: 3 minutes There are larger issues driving food trends that should give farmers opportunities to open conversations with people in the food movement. The challenge is starting that conversation. Jayson Lusk, the head of the Department of Agricultural Economics at Purdue University, told the George Morris AgriFood Policy Lecture on the future of food that influencers are […] Read more
Editor’s Note: Why we believe in summer business
On your neighbours’ farms, 2017 is emerging as the most important year of the decade for making — or not making — key farm decisions
Reading Time: 2 minutes Farmers make decisions every day, of course, but with time it often seems that every year has its one big decision that really influences the next five years for that farm, and sometimes much more. If that’s true, what will shake out as your biggest decision this year? Or maybe you will look back and […] Read more
Diversification the name of the game for Lewis Farms
Change Makers: From potatoes to grain to a commercial bull business, Lewis Farms has diversified to manage risk and accommodate market challenges
Reading Time: 7 minutes “Sometimes, progress simply isn’t possible without change,” says Ken Lewis, general manager of Lewis Farms in Spruce Grove, just west of Edmonton, Alta. Which means that ignoring opportunities to change, or actively resisting change when it arrives can actually be the paths of greatest risk. Because change will happen. In fact, like other farmers, Lewis […] Read more
A message from April Stewart, Country Guide's Associate Editor
