When agricultural commodity prices rise there are expected effects. Costs like fertilizer prices and machinery costs are always natural to rise in a rising commodity market. One of the costs that has not been discussed much is rising farmland rent costs. Ontario has some of the highest land rent rates in Canada for the major… Read More

In the short term the financial picture for agriculture looks very good.  Both farmers and livestock producers are very excited about the possibilities in 2011.  With profit comes bullish behaviours of expansion and growth.  In different areas of Western Canada there has been some reports of very steamy land rental rates based on the prices… Read More

Creating a business plan and making sure you execute the plan is a very big challenge for farmers. In fact it is a great challenge for all business owners. Agriculture can even be tougher because of the underlying industry foundation of the “agricultural lifestyle.”  Added on top of this is the increased amount of un-controllables… Read More

If you are interested in politics and economics like I am there is no more interesting fodder every night on the television than in the United States.  I love debates and conflict on topics and the US has no shortage of them right now.  Whether you are right, left or moderate you cannot deny the… Read More

We have lots of cows in Canadian Agriculture, but we also have some sacred cows a well. One of these is the ability to shelter income through the cash method of reporting farming  income. For those who don€™t know how this works, it is a simplistic formula whereby as long as you have more expenses than… Read More

When I took economics in University, one of the concepts that I was taught was economies of scale. This concept is defined as obtaining cost advantages that a business obtains due to expansion. In farming there is a constant thirst by farmers to add land or head space to their operation. It is quite common… Read More

Risk is well known board game, played on a map of the world, in which players effectively bet (take on calculated risk) and play to take over more and more countries and ultimately rule the world. I am just musing here, but if you were taking stock of countries and their respective currencies, would it… Read More

By Shaun Haney There are very advantageous financing programs out in the market right now for inputs (seed, crop protection, fertilizer) this winter. These financing programs may include do not pay or no interest until a given date. These can be fantastic programs for farmers but you need to be careful. You do not want… Read More

I had a great conversation today with a fellow farmer in Saskatchewan. We talked at length about the significance of the commodity prices hitting the floor boards again. Is the sky falling versus there may be some opportunities for those that do not panic sell. As I have mentioned before these are challenging times that… Read More

As I talk to customers it seems that there must be lower amounts of fertilizer being purchased this fall. I think that there is less fertilizer being purchased for a couple different reasons. One is that there was a significant amount of equipment and infrastructure purchased by farmers in the spring while prices were double… Read More