Reading Time: 7 minutes Some farm managers love to spend the winter poring over their financial statements and analyzing all ratios and indicators and how they’ve changed over time. Others would rather be outside working with cattle or at conferences learning the latest disease management techniques. If you’re not in the first category, your banker might know more about […] Read more
A guide to farm financial ratios
Long lists of available financial ratios can be overwhelming. Here are three financial ratios that matter to bankers and how understanding them can strengthen your farm’s financial future
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
Merit Foods pays off operating lender, no deal yet for plant
Plant-based protein processor in receivership since March
Reading Time: 3 minutes A Winnipeg pea and canola protein processor in receivership since this spring remains mothballed for now with no firm buyer — but has paid off one of its three secured creditors. Merit Functional Foods, which entered receivership March 1 after just two years’ operation, has sold all its remaining finished and raw inventory and directed […] Read more
FCC offers new credit line against ‘current economic environment’
Ag lender to waive loan processing fees
Reading Time: 2 minutes Farm Credit Canada’s recent outreach to specific agrifood sectors hit by unusual environmental conditions has now extended to those hit by the broader “economic environment.” The federal ag lender on Tuesday said it will offer an unsecured credit line of up to $500,000 with loan processing fees waived, “to help producers, agribusinesses and agri-food operations […] Read more
Know your farm financial numbers
Which financial ratios could you be tracking this summer to make the best decisions this fall?
Reading Time: 8 minutes Farming is a tough business. Weather risk, volatile markets, potential trade issues, input costs, and the steep investment in land and equipment mean today’s farmers must have formidable management skills to weather the storms and grasp the opportunities. In that context, your financial numbers are a lot like the numbers you get from the field, […] Read more
A message from April Stewart, Country Guide's Associate Editor
