Revenue minus Expenses equals Profit…right? Mike Michalowicz, author and this year’s opening keynote speaker of TechTourLIVE, says putting profit last is setting yourself up for failure — because putting it last means that profit can wait, that it’s optional, that it’s less important now and more important in some distance future. But that leads to… Read More

As we see more autonomy and robots on the farm in the future, will that minimize or reduce the impact of the benefits of being a farm kid? Does it change it? There’s an element of the physical aspect of doing some of the work, which creates some of the long-term character, like picking rocks,… Read More

An independent financial advisor who keeps a particularly close eye on big banks and agriculture is urging farmers to consider delaying plans to borrow money, with so much uncertainty in world trade and bank rates destined to inch up. Rob Hall, of Bankspeak Inc., an Ontario-based consultancy that helps farmers and other businesses negotiate with… Read More

When it comes to making more money with crop marketing, there’s no magical formula —it requires attention, some learning, still more effort, and discipline. That said, there are some ways to make the process easier and more streamlined, which could, in turn, make you a little more profit. John Snell, senior vice president at INTL… Read More

Individual and joint membership loans are being increased within Alberta’s Feeder Associations Guarantee program, the provincial government has announced. Producers will now be able to access $2 million versus the previous $1 million limit, under the guaranteed loan program. Announced changes also allow an increase in the amount member associations can receive in advance, based on… Read More

In mid September, the federal government announced the list of prescribed regions eligible for drought-related livestock tax deferral. The break was welcomed, however ranchers and producer groups criticized the government’s approach, saying it left out too many drought-affected producers. Announced October 31st, the federal government says it is taking steps to answer some of that… Read More

 

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