Category: Farm Management

Old MacDonald Isn’t the Only Old Farmer

Old MacDonald had a farm but apparently it is more common than expected.  Along with Old Man Smith, and Old Joe there are many seniors still farming in Canada.  With only 8.2% of the operators being younger than 35, the farmer pool over the age of 55 dwarfs its younger counterparts. Many times the lack… Read more »

Quit With the Hutterite Bashing

For some reason there has been some significant discussion on Twitter lately amongst different farmers regarding the suggested negative impact that Hutterite Colonies have on agriculture. For some its easy to pick on Hutterites. They dress differently than you and I. Hutterites live a lifestyle that is not appealing for many. Once you get past… Read more »

AMI Ep 8 – Financial Monitoring – Building a Financial Dashboard

Knowing where you’re at as a business is a critically important component in making good business decisions. Building a financial dashboard gives you one of the most singularly important tools to be able to do that. A financial dashboard gives you a quick overview of the financial history of your business. It gives you a… Read more »

Lee Markert: A Young Farmers Perspective on Farm Succession Planning

The best and the most valuable advice comes from people who have actually been in the situation that they’re giving advice about. So when a topic as touchy and as potentially difficult as succession comes up, you need that “first hand experience” type of advice. Lee Markert brought that advice to producers when he spoke… Read more »

AMI Episode 7 Financial Software – Finding the Right Fit For You

Choosing financial software for your business is a custom fit kind of operation. There are a number of things to consider when you make that choice that are uniquely tied to your business, allowing you to expand and grow without having to switch programs. Ideally, your software should be as customizable as your business. With… Read more »

AMI Episode 6 – The Fundamentals of Human Resources Management on the Farm

Of all of the aspects of a business that have to be managed, human resources can be the most challenging. The needs and the dynamics involved in managing human resources are unique to every business and have to evolve as a business grows and changes.  For many farmers human resources can suck the life out of running… Read more »

FarmTech 2012 – A Unique Farm Business Structure in the UK

James S Peck owns and operates PX Farms Ltd. in Cambridge, England. The operation is close to 6000 acres and is comprised of a combination of contracted acres and his own family farm. The farm is extremely large for the U.K. and the growth it has seen since PX Farms was established in 2003 has… Read more »

AMI Episode 5 – Succession Planning: Starting the Conversation

When it comes to succession planning, one of the most difficult things to do may be just getting the conversation started. No other topic can get defences up, arouse suspicions or cause divisions like the topic of succession if it’s not handled correctly.  Having a pure business discussion with your parents or kids easily crosses the family… Read more »

AMI Episode 3 – Cost of Production (COP) – Using COP to Your Business Advantage

Have you ever been to a farm meeting and there is a speaker talking about the cost of production?  Do you ever feel like they are speaking no different than the teacher in Charlie Brown? Farming is business and businesses need to know their cost of production.  Guessing your cost per acre is just not… Read more »

Is The First Generation Farmer a Thing of the Past?

Over the past couple of days, I have been reading and seeing a bunch of different articles in relation to keeping young farmers on the farm and attracting first generation farmers. My question? Why is it any different than any other entrepreneurial business. I’m sure that there are tens of thousands of people across Canada… Read more »

Is Canada Prepared for Massive Amounts of Farmer Retirements?

Christie Young is the Executive Director of FarmSmart and this week she has created some stir within the Canadian Agriculture industry by saying that our industry is not prepared for the coming mass farmer retirements.  What has really caused the stir is her statement that the government has some sort of responsibility to ensure we prepare… Read more »

Farm Business E-Team Ep 2 – Road Map – Planning for the Year Ahead

Have you ever heard the saying, “hope is not a plan.” This is a great saying that is very applicable in agriculture. It is very critical to ensure that you are creating the proper roadmap. This should include projections on production, prices and yields. This also includes plans for capital expenditures in the coming year…. Read more »

Farm Business E-Team Ep 1 – Post Mortem: A Review of Last Year’s Business

Farming is a unique business. It involves every aspect of business you can imagine from shovelling to marketing. It’s that diversity that can make successful farming a challenge. Many farmers may be good at one or two aspects of the buiness but not so good at the others. This can have devastating consequences if you’re trying… Read more »

Change a Necessity When it Comes to Farming Smarter

There are some elements of farming that will always be the same, but to move ahead and grow as a farm, it’s the changes that need to be kept up with. Whether it’s technology that keeps evolving every year or the ever changing dynamic of the consumer market, change isn’t just good when it comes… Read more »