Effective Use Of Financial Tools Already At Your Fingertips — David Derwin

by

Borrowing at 0% interest is about as good as it gets.

When only 20% of producers are using available cash advance programs, like the one administered by the Canadian Canola Growers, you have to question why more farmers are not taking advantage of effective borrowing programs.

According to David Derwin, of PI Financial, only 5 to 10% of growers use the financial tools like cash advance, futures, and options that are already available to them.

Shaun talked with David at the Ag Excellence Conference about why producers are reluctant to use the tools available to them and how you can learn by doing to become a more profitable farm in the long run.

Subscribe: Apple Podcasts | Google Podcasts | Spotify | RSS | All Podcasts

Wake up with RealAg

Subscribe to our daily newsletters to keep you up-to-date with our latest coverage every morning.

Sign Up
More Options

Wake up with RealAg

Categories: AgExcellence / Eastern Canada / Farm Management / Finance / Podcasts / Tradeshows & Events / Western Canada
Tags: /

Related

Other Episodes

AgExcellence (view all)Season 3 (2016) Episode 1

RealAgriculture News Team

A team effort of RealAgriculture's videographers and editorial staff to make sure that you have the latest in what is happening in agriculture.

Trending

Agri-food sector needs long-term vision to prepare for future crisis, report suggests

For the most part, there are plans in place if (and when) a crisis were to hit agriculture in the short-term. But what about the long-term? That's exactly what a new report from the Canadian Agri-Food Policy Institute (CAPI) is looking to tackle. Al Mussell, research lead for CAPI, says Canada currently lacks a coherent…

Read more »

Please register to read and comment.

Privacy Preference Center

Consent Management

Privacy Policy

Required
When you visit the Site, we automatically collect certain information about your device, including information about your web browser, IP address, time zone, and some of the cookies that are installed on your device. Additionally, as you browse the Site, we collect information about the individual web pages or products that you view, what websites or search terms referred you to the Site, and information about how you interact with the Site. We refer to this automatically-collected information as “Device Information.”

Necessary

Necessary cookies help make a website usable by enabling basic functions like page navigation and access to secure areas of the website. The website cannot function properly without these cookies.

Cookies Used

Required
gdpr, __cfduid, PHPSESSID, wordpress_test_cookie, woocommerce_items_in_cart, woocommerce_cart_hash, wp_woocommerce_session, wordpress_logged_in, wordpress_sec, wp-settings, wp-settings-time, __cf_mob_redir, wordpress_cache, realag

cloudflare.com

Opt Out
__cfduid

Marketing

Measuring interactions with the ads on the domain.

Cookies Used

__gads,fsk_ut_2317

doubleclick.net

Opt Out
IDE

Statistics

These are used to track user interaction and detect potential problems. These help us improve our services by providing analytical data on how users use this site.

Cookies Used

_ga,_gid,_gat,_cb,_chartbeat2,_chartbeat4

opinionstage.com

Opt Out
_ga,_gid

twitter.com

Opt Out
metrics_token

Preferences

Preference cookies enable the website to remember information that changes the way the website behaves or looks, like your preferred language or the region that you are in.

Cookies Used

chartdefaults, comment_author, comment_author_email, comment_author_url

opinionstage.com

Opt Out
JSESSIONID, _os_session,anonymous_votes,csrf-param,csrf-token,user,user-id,user-platform,intercom-session,intercom-lou,intercom-session

twitter.com

Opt Out
personalization_id, tfw_exp

 

Register for a RealAgriculture account to manage your Shortcut menu instead of the default.

Register