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Tag Archives Business/Finance

Out-competed by Ukraine
Cereals, Guide Business

Out-competed by Ukraine

Massive Ukrainian farms are producing grain and getting it into export position for $100/t less than in Canada

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Reading Time: 6 minutes In the last issue of Country Guide, I wrote of my travels in China, and of how that trip made me question the true competitiveness of Canadian agriculture. Unfortunately, a new Australian study validates many of my concerns. “Ukraine: An emerging challenge for Australian wheat exports” is the third study from the Australian Export Grains […] Read more
Maggie Van Camp in the family chicken barn.
Dairy Cattle, Guide Business, Poultry/Eggs

Liberals boost tax on quota

Planning to sell quota that is held in a corporation? Get some strategic tax planning, quick

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Reading Time: 3 minutes Not surprisingly, the national media focused on proposals like the new tax-free Canada Child Benefit program when the Justin Trudeau government presented its first federal budget back in March. Buried underneath all the feel-good news, however, were some potentially painful changes to Eligible Capital Property (ECP) tax rules for incorporated businesses. Common examples of ECP […] Read more
Human hand holding soybean, with field in background
Opinion

The outlook for Canadian agriculture is one of ‘surprising strength’

Crop and livestock prices are off their highs, but demand, 
supply, and the low dollar are positive factors

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Reading Time: 2 minutes Here’s some encouraging news. Farm cash receipts should be relatively stable across all provinces in 2016-17. Each province combines a different mix of crops and livestock products that result in varied provincial receipts, but the overall trends appear steady. There are a number of reasons this is likely to be the case. Commodity prices show […] Read more
Use your knowledge to your advantage
Crops, Guide Business

Use your knowledge to your advantage

You know the quality of your grain. Use your knowledge to maximize profits

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Reading Time: 3 minutes Pay attention to what you are seeing and hearing at the elevator and from the neighbours in regards to the grade and quality of grain coming off combines this fall. This will help you understand what’s out there and where your production fits into the big picture. Is your quality and protein above or below […] Read more
China’s determination to feed itself is seen in new-crop storage and logistics across the country. Behind the scenes, however, are support systems, including some of the world’s biggest research programs.
Crops, Guide Business, Opinion

A Canadian farmer in China

Unfortunately for our markets, what I saw convinced me that China’s plan to feed itself has a real chance of succeeding

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Reading Time: 7 minutes Every decision we make is influenced by our perception of the world around us. This is especially true in farming. Whether it’s which crops to plant or when to sell, many of our management decisions are based more on our personal perceptions than on hard facts. But what if our perceptions are wrong? This question […] Read more
John Deere’s own line of sprayers will soon be enhanced with models from speciality sprayer manufacturer Hagie.
Machinery, Machinery Guide

John Deere goes shopping

The big green brand is purchasing specialty manufacturers while “balancing” its workforce

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Reading Time: 3 minutes In late March, John Deere announced it had taken ownership of yet another speciality equipment manufacturer. It’s becoming a familiar story for the U.S.-based manufacturer. This latest acquisition of Hagie Manufacturing, a U.S. specialty manufacturer of high-clearance sprayers, is one of a couple of purchases that Deere has recently announced. Deere describes the Hagie purchase […] Read more
A 4709 on display at AGCO’s exhibit during Agritechnica in November. The “Tractor of the Year” award decal is visible on the 5713SL behind it.
Machinery, Machinery Guide

Farm tractors with global design in mind

AGCO’s new MF utility tractors are designed for worldwide appeal

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Reading Time: 3 minutes Back in early 1970, International Harvester released two tractors that made up what it called its Worldwide Series. The idea was to use shared platforms to build tractors that could appeal to farmers in every market where the brand had a presence. They would meet a global need — or that was the hope. Standardized […] Read more
Ammonia Tanks
Crops

Fertilizer prices and the stock market

In the past, the stock price of agricultural manufacturing and supply companies has given a clue to the future

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Reading Time: 4 minutes Have you ever waited for something to go on sale, then it never does and you’re stuck paying full price, or maybe even more? A question I often get from farmers is how they can manage their fertilizer price fluctuations. According to Agriculture and Agri-Food Canada, fertilizer is the fourth-largest operating expense for Canadian farms […] Read more
Harold Parsonage was determined to find a better way to open the farm to future generations.
Guide Business, Succession strategy

Succession planning: Preparing for takeoff

How one Manitoba family's farm business succession plan is taking flight

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Reading Time: 9 minutes Case Study Objective Four children in their late 20s and early 30s, all want to be part of this family farm and aerial spraying business. First Step The Parsonage family transferred ownership before operational management. The parents had used some of their capital gains exemption earlier when buying out of partnership, and about that time […] Read more

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