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Farmland prices, on average, were up 12.4 per cent and 10.1 per cent in Manitoba and Canada, respectively, says Farm Credit Canada’s chief economist J.P. Gervais. The annual rise in farmland values is slowing, but still expected to be positive in 2016 so long farm cash receipts remain stable.
News

Manitoba, Canadian farmland values up again in 2015

Farm Credit Canada says the annual percentage increase in farmland values is getting smaller

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Reading Time: 4 minutes Manitoba farmland values led the way with the highest average percentage increase in Canada last year, says Farm Credit Canada (FCC). But the pace of increases the last few years here and across Canada is slowing in step with the plateauing of farm cash receipts, and slower drop in interest rates, J.P. Gervais, FCC’s chief […] Read more
Adam Reid, director of marketing for Versatile, plans their campaign for a tougher 2016 tractor market.
Guide Business, Machinery

A return to tractor marketing

There are gaps in tractor assembly lines again, and manufacturers are looking to marketers to fill them

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Reading Time: 5 minutes It was a rare sight to see this tractor return to the factory where it had been built nearly four decades earlier. But that was exactly what I saw while standing inside the R&D facility at Versatile’s Winnipeg tractor assembly plant earlier this winter. The one-off prototype model 1080 tractor, which became affectionately known as […] Read more
Farming in a troubled economy
Guide Business, Opinion

Farming in a troubled economy

It looks like a weak dollar isn’t so good for agriculture after all

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Reading Time: 5 minutes Farmers almost universally accept the premise that a drop in the Canadian dollar is bullish for our agriculture because our commodities are priced off the U.S. This increases our prices domestically and also makes us more competitive both in the U.S. and in regions where commodity transactions are made in American dollars. But is this […] Read more
Tom Button
Opinion

Editor’s Note: Writing the book on Canada’s farms (2)

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Reading Time: 2 minutes Two issues ago, I asked, what would it look like if the business section at Chapters was crammed with books about our farmers? Business books are popular for a reason. It’s easy to mock them, I know, especially the ego strokers that get written so breathlessly by ghost writers who understand there is only one […] Read more
At the 2013 Agritechnica, Fendt introduced the X Concept tractor, which is capable of delivering 700-volt DC power to implements. But it is not yet market ready.
Machinery, Machinery Guide

ElectricPOWER your farm implements?

These 700-volt systems may be the kickstart the industry needs

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Reading Time: 3 minutes For a group of young boys standing around the Fendt display at the Agritechnica machinery expo in Hanover, Germany, earlier this winter, the prototype model Former 12555X electric hay rake on show was a little like a video game. By sliding a finger across a screen, they could use the touch pad computer on the […] Read more
Herd of Holstein Friesian cows
Guide Business, Management

What will the TPP mean for your farm?

AME Management: Overall, Canadian farmers get increased market access from TPP, plus better dispute settlement

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Reading Time: 3 minutes The October 2015 Trans Pacific Partnership (TPP) agreement is a substantial trade treaty for its 12 members, and like other trade treaties, it will introduce concessions on market access, such as tariff reductions and increased import quotas, as discussed below. But there is also considerable focus on food safety regulations as well as on biotechnology […] Read more
Guide Business

Pitfalls on the road to value adding

So you’ve got a great idea. But can you actually grow a solid business around it?

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Reading Time: 5 minutes At first glance, creating a value-added business may seem a lucrative way to increase profits and employ family members, but the road to success can be filled with potholes. Below, our experts and experienced value-adders list the dangers, and provide advice on how to avoid them. 1. Being star-struck by your own product Gary Morton, a […] Read more
Guide Business

Farmers and focus groups

More companies are asking more farmers to sit in on focus groups. Should you agree? What rules should you expect?

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Reading Time: 8 minutes From the day the first farmer put the first seed in the ground, there’s never been a farmer who didn’t have a wealth of opinions. Nor have there been very many farmers who take much if any persuading to share what they think. In today’s more sophisticated world, however, the game has changed. Companies want […] Read more
Driver Standing In Front Of Tractor
Guide Business

Protecting your farm’s assets

These six strategies will ensure you get much more than just the tax benefits of forming a farm corporation

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Reading Time: 7 minutes Many farms that incorporate do so for tax purposes. After all, there are definite tax advantages available to a corporation and its shareholders that are not available to individuals or partnerships. But farm businesses should be careful that they don’t let the tax tail wag the dog, says Jerry Lupkowski, a senior partner with MNP […] Read more
“We believe, coming in as a small player in this industry, we’re going to have to provide a different value proposition to the farmer and the market.”
Guide Business

Head of G3 promises to shake up Canada’s grain industry

Karl Gerrand thinks high-speed logistics are the answer to moving grain. But will his competitors play nice?

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Reading Time: 7 minutes If there’s one thing Karl Gerrand understands, it’s that Canada’s newest grain company can’t afford to be just another “me too” operator. Gerrand is heading up Global Grain Group, or G3 as it has quickly been dubbed in the business, a phoenix arising from the ashes of the former Canadian Wheat Board with the backing […] Read more

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