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"The actions of the Chinese government could set the stage for the threat of a trade war. We’re already in the midst of a global currency war, though central bankers certainly don’t want to say those words." – Errol Anderson.
Guide Business

Hold on tight. The global economy is a mess

Not even Errol Anderson knows where the pieces will all fall. What’s a farmer to do?

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Reading Time: 8 minutes Buckle up. Commodity markets look to be in for a wild ride. China is experiencing its first major setback since its market liberalization began. It generated 40 per cent of global economic growth last year, so this is troubling. If its engine is faltering, everyone is going to feel it. Market analyst Errol Anderson tells […] Read more
Tom Button
Opinion

Editor’s Desk: A better marketing idea for agriculture

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Reading Time: 2 minutes Marketing is in a class by itself. Nowhere else in agriculture is there so much more noise than information, or so many claims based on untested and untestable evidence. As a rule, of course, the entire financial and business ends of farming let us down in this regard, and I have complained in this space […] Read more
Digital Marketing 101 and social media tips that help promote your farm
Guide Business, Marketing

Digital Marketing 101 and social media tips that help promote your farm

In this last column of our value-added series, we look at how social media can boost your value-add project

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Reading Time: 5 minutes Anyone can tell you (in fact, they probably already have, more than once) that the Internet is too powerful a tool to ignore for marketing your value-added products. But exactly how can you harness its potential to reach your own goals? When creating an online presence, Nigel Gordijk, owner of Common Sense Design in New […] Read more
young farmer
Guide Business

Planning value-add ideas for your farm

In the third of her series, Helen Lammers-Helps talks to farmers about how the time they spent planning their new value-added ventures saved them money and aggravation

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Reading Time: 5 minutes There’s a business school maxim that says, “failing to plan is planning to fail.” Based on the experience of Canadian farmers, it’s certainly true of value adding. Gary Morton, a Nova Scotia ag business consultant who has helped farmers launch value-added products for more than 20 years, likes to begin talking to those farmers by […] Read more
"The markets have traded on weather and emotion forever," Jeeves says. "That's where the charts come in."
Crops, Guide Business

Managing production costs, charting a profit

Theory is great for textbooks. In real life, farmers like Stan Jeeves, need practical marketing programs, which they’re building for themselves

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Reading Time: 5 minutes Stan Jeeves runs a mixed farm near Wolseley, a southeastern Saskatchewan community once named one of Canada’s prettiest towns by Harrowsmith Country Life Magazine. Jeeves takes a common-sense approach to selling grain. “I start with calculating my cost of production,” Jeeves says. “And then I know when I need cash flow.” From there, Jeeves looks for […] Read more
In control… ahead of the market
Crops, Soybeans

In control… ahead of the market

These farm planning strategies can elevate 
soybean returns, even in a volatile year

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Reading Time: 12 minutes In business circles, there’s the five-year plan, the two-year plan and even the one-year and the six-month plan, each with its own sub-plans loaded with hard production and financial targets. They’re a fact of life, and they are crucial management tools. Just ask any manufacturer, or the owner of any store that turns the kinds […] Read more
paperwork on a wooden desk
Guide Business

Execute on that business plan

If your business plan is gathering dust, here’s how to put it into action

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Reading Time: 6 minutes We’ve all been there. You’ve just come back from an amazing course that has guided you through the arduous process of developing a business plan for your farm business. You have identified your core values, you have articulated a vision, and you have chosen the strategies to get you to where you want to go. […] Read more

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