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Tag Archives Business/Finance

Bounce back, don’t break
Guide Business, Livestock

Bounce back, don’t break

What makes some farms so resilient in tough economic times? Finally, this New Zealand research finds some answers

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Reading Time: 6 minutes Australia and New Zealand have had their fair share of agricultural challenges. They’ve known fires, tsunamis and cyclones, to name a natural few, and they have suffered from the politics of export markets, not to mention supply-demand crashes in world prices for wool, beef and milk. And that’s without mentioning droughts which, according to Australia’s […] Read more
Guide Business

Resilience in the Midwest

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Reading Time: 3 minutes Over his career as a professor at Virginia Tech University and as a farm economic guru, David Kohl has seen some epic farm failures. But he has also admired farmers who have survived and even thrived during tough times. With the recent drop in grain and oilseed prices, some midwestern farmers are once again treading […] Read more
Guide Business

Top financial tools for farmers

January is a great time to review the financial tools that help you make the best decisions

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Reading Time: 4 minutes For many of us, the new year is a time of reflection. It’s an opportunity to take stock of where you’ve been, where you are, and where you’re going, both personally and professionally. This is certainly important for farmers, as January is a good month for a detailed review of the administrative side of the […] Read more
NH’s Jarrod Angstadt explains the features of the Guardian front boom sprayer to media members during the U.S. Farm Progress Show in Iowa in August. The Guardian was originally designed and built by speciality manufacturer Miller-St. Nazianz. In 2014 that company was purchased by CNH.
Machinery, Machinery Guide

NH gets a tillage implement line

The blue brand follows the recent industry trend of growing through acquisitions

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Reading Time: 3 minutes The race for major manufacturers to broaden their product lineup by buying short-line brands is picking up even more steam. Mid-autumn, CNH Industrial announced that it was about to bring the Danish Kongskilde implement brand, owned by DLG Group, into its fold under the New Holland brand. “The acquisition of the tillage and hay and […] Read more
Finding hope in 2017 corn markets
Corn, Crops, Markets

Finding hope in 2017 corn markets

It’s easy to be pessimistic due to global corn stocks, but demand is setting new records too. So consider posting some standing market orders, and watch prices daily

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Reading Time: 5 minutes Every year farmers go to the field hoping for something better than last year, and even though now is the dead of winter, plans are being made to raise a successful corn crop in 2017. For eastern Canadian farmers, corn has earned its status as the “go-to” crop for the region. A few years ago, […] Read more
AGCO bets big on China
Guide Business, Machinery

AGCO bets big on China

While the war of words heats up between Beijing and Washington, AGCO is becoming a major player in the Chinese economy

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Reading Time: 6 minutes One of the world’s largest farm equipment manufacturers is predicting a bright future in China, and it is putting its money behind that belief. AGCO, parent company of well-known brands Massey Ferguson, Fendt, Valtra, GSI, and Challenger, has opened a new state-of-the-art manufacturing facility in Changzhou to serve both its international needs and what it […] Read more
Cropped image of handsome businessman in casual wear using a laptop and examining documents while working in the office
Guide Business

What bankers want to see when you go to the bank

Getting these documents ready before you meet the bank rep may mean more available financing with better terms

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Reading Time: 4 minutes Typically banks review their clients’ financial statements annually as part of a credit review process. The goal is to understand the client’s ability to service debt and how this may have changed over the past year. “We want to help you manage your cash flow,” says plain speaking Tara Conway, BMO vice-president of commercial banking […] Read more
Selling your grain at an optional price
Crops, Guide Business

Selling your grain at an optional price

Don’t know how (or when) to sell your grain using options? You aren’t the only one, so this advice may help

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Reading Time: 3 minutes Maybe your primary marketing plan has always been to consider forward-pricing and delivery contracts that are offered by local elevators, even though you know it doesn’t always work out as well as you’d like. Tyler Welygan-Reiling of Agra Risk Solutions suggests the following basic strategy that uses some of the marketing tools available in the […] Read more
Looking for more price security when selling grain?
Crops, Guide Business

Looking for more price security when selling grain?

Basic marketing tools can generate some of the quickest paybacks on the farm. Here’s how one advisory company gets its farmers started

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Reading Time: 6 minutes Pulling out of the farm gate with a loaded grain truck, a producer can turn right and go to a local elevator that is posting a price that’s $20 a tonne more for your crop, or you could turn left and go to another elevator that’s paying $20 less. Which is the best choice? Reality […] Read more
Canadian Western Red Spring (CWRS) wheat.
Cereals, Guide Business

Russia takes on the world

Millions of acres in Russia had been waiting for someone to farm them. Now they’re bursting with grain

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Reading Time: 6 minutes For many Canadian grain growers, this year’s weather concerns, disease pressure, high input costs, and low crop prices made it seem like we’ve already been facing the perfect storm. However, there is an even bigger threat on the horizon — Russia. In the first week of October, while most Canadian growers were still busy with […] Read more

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