Young farmer talking with her financial advisor

Shifting tides bring change to agriculture 

Summer Series: Will short-term pain cause long-term gain for Canada’s ag industry?

Reading Time: 4 minutes Warren Buffet once said, “Only when the tide goes out do you discover who’s been swimming naked.”  Well, the tide is going out in primary producer agriculture. Who will be left with clothes on? Is the shifting tide due to the highest cost of production ever? The changing policy discussions? The geopolitical factors that come […] Read more

A good benchmark for working capital-to-expenses for your farm is 50 per cent.

Summer Series: Build a better crop budget

[Land] Financial management is evolving as fast as agronomy. Your budget can have the best of both

Reading Time: 3 minutes Crop planning involves decisions on return on investment and cost/benefit, and also cash flow and financing considerations. Some producers now utilize both agronomists and financial consultants to help build their crop budget. Optimizing crop budget planning is increasingly important as crop expenses increase and agronomic options continue to expand. Logistics, opportunity costs and strategy Logistics […] Read more