Daily Network News

More News →

Tag Archives Risk management

Drought affected corn in a field.
Crops, Forages, Management, Oilseeds, Pulses

How to manage crops in shifting weather patterns

Weather has always been a risk factor for farmers. What’s different now is its unpredictability

By
Reading Time: 7 minutes Prairie farmers have always farmed in a risky climate, dealing with drought, hail, excessive moisture and early frost, to name just a few challenges. But researchers say the nature of that risk is beginning to change, as shifting global weather patterns reshape prairie growing conditions. Winters are warmer, snow is melting earlier and, in some […] Read more
two farmers standing beside a canola field
Features

The farmer’s playbook

Consider these plays to arrive, thrive and survive in 2025

By
Reading Time: 3 minutes Walmart turns over its on-shelf inventory 9.4 times every calendar year. But farmers only get one kick at the can. In fact, it has been said that over a farmer’s career many will only hit a home run about seven times. That means the variance for errors is very small, and the planning component in […] Read more
Farm and barn in rural Alberta Canada
Features

Farming in a high-cost environment

By
Reading Time: 4 minutes The cost to farm in Western Canada has doubled in the past fifteen years. What was $250/acre in annual costs to farm fifteen years ago (using accrual accounting) is now $500/acre in Western Canada. Cost increases are being seen across the farm income statement including on inputs, machinery and land. The more recent spike in […] Read more
“It’s good to investigate your options,” Bobbie says. Mark agrees: “A lot of people hang on too long.”
Features

Choosing the right time to quit farming isn’t easy

Rumours flew when Bobbie and Mark Bratrud decided to leave the farm. But sometimes an exit is a carefully considered decision

By
Reading Time: 8 minutes The second that Mark and Bobbie Bratrud started telling people they were done farming, the news travelled faster than a Saskatchewan wind. “It was a rotating door through our house,” Bobbie Bratrud says. “Everyone was coming by to ask, ‘are you guys okay?’” Mark recalls three of the most common rumours: “Somebody’s sick, you’re getting […] Read more
From her global travels, Amy Cronin returns with a key belief: “We need to develop a risk mindset — and we need to help each other do that using peer groups.”
Features, Guide Business

Summer Series: Only farmers know real risk

[Leadership] In a world that crashes from crisis to crisis, Ontario farmer Amy Cronin went on a global search for farmers who excel at risk management. Here’s what she learned

By
Reading Time: 5 minutes In a world that crashes from crisis to crisis, Ontario farmer and Nuffield scholar, Amy Cronin, went on a global search for farmers who excel at risk management. Here’s what she learned. – April Stewart, CG Associate Editor If it’s a new and even more volatile world for farmers (which it is) and if success […] Read more
(Geralyn Wichers photo)
Livestock, Markets

Bovine flu a reminder of risk management in markets 

While recent price drops have limited options, cow-calf producers can still lock in a profit, says market analyst 

By
Reading Time: 3 minutes The fundamentals still look strong for cattle prices, despite recent hiccups in the futures market, says a market analyst, but for those buying stockers, a little risk management can go a long way.
(HLS.ca/virden)
Livestock, Markets

Flu outbreak sees buyers balk at beef futures

Cash prices fairly level; beef producers should look into risk management tools, analysts say

By
Reading Time: 4 minutes Markets have seen cattle futures (mainly live and fed) decline in recent weeks as the highly pathogenic avian influenza (HPAI) strain made its way into dairy herds in six states to date. The good news, said a cattle auction leader and market expert, is that cash prices have remained more-or-less steady amid the chaos.
(Getty Images)
General, Markets

Ontario extends deadline to lock in RMP coverage

Final date to secure coverage moved to June 30

By
Reading Time: < 1 minute Grain and oilseed growers and cattle, hog, sheep and veal producers in Ontario now get until June 30 this year to secure coverage under that province’s Risk Management Program (RMP). The province on May 29 announced the deadlines for grain and oilseed producers to submit their completed RMP applications and make any coverage changes — […] Read more

Latest Market News

More Market News →