Category: Farm Management

Succession Saga Part 3 – Your Exit Is All About Timing in the Family Business

By Dick Haney Whether You are Entering or Exiting a Business as General Manager, Timing is Everything. “You got to know when to hold’em, know when to fold’em, know when to walk away, know when to run.” Probably many of you have identified these words as part of a song written by Kenny Rogers called… Read more »

The Farm Succession Saga: Part One

By Dick Haney Succession, or as some call it- Sucksession, the silent killer of small business, is potentially the Ebola disease of family business longevity. I am going to approach this topic from a different number of directions over the course of a number of weeks. This topic will be analyzed and dissected from the… Read more »

Agriculture Bankers Need to Go “Old School” To Be Successful

By Shaun Haney There was a time when your banker was your friend, your confident and your advisor.  This was especially true in agriculture where farmers had a very close relationship with the man that was lending them the money.  Your banker lived in the community, he knew your business, he analyzed it, and gave… Read more »

Is the US Economy On it’s Way to Recovery? – Jim Budzynski

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 »

The Potential Impending Land Debt Debacle – Las Vegas and Farm Land Values

By Dick Haney At the risk of sounding like the Saturday Night Live character Debbie Downer, there is a potential evil that lurks among us; it is how we leverage equity in our operations to buy more agricultural farm land. I think it would be useful to examine the similarities between Las Vegas and financial… Read more »

Are You a Business First Family Farm? – Jolene Brown

It’s no secret or will it shock you if I told you that I think farmers are terrible at succession planning.  If most of you reflected on your own personal situations I would assume you would say that you agree.  The question that arises is, if we know this to be true, why do we… Read more »

Tax Policy is Killing the Cattle Industry with Kindness

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 »

Should There Be An Age Limit on Farm Workers?

By Shaun Haney Agriculture has some untouchable topics that we are just not supposed to talk about.  One of them is dealing with aging farm workers.  On the farm we are taught to respect our elders but in some cases in agriculture we take this to high levels of absurdity.   Recently, in northern Alberta… Read more »

The Importance of Data in Agriculture to Make Better Decisions – Rob Saik, Agri-Trend

Many people look at services like Google from just the front end which is search.  Google is really more about the back end application of data.  The search engine allows them to collect infinite bytes of data so that they can make advertising revenue from the searcher.  The better the data set that Google has… Read more »