Hedging is a big scary word to many farmers. And it’s understandable — it’s an account that can flucuate significantly, making it seem like you’ve lost money. But, unlike speculators that never grow or store crops, farmers are in a unique position to use hedging as a low-risk price management tool. Why? Because as your… Read More
Category: Farm Management
Good reasons exist to better understand what sustainability means on the farm – and a lot of them have to do with consumers. It’s vital for farmers themselves to know how to best care for the land, water and air in which they produce food. No smoke and mirrors. Unsustainable practices mean trouble in the… Read More
The crop is in and growing, the sprayer is running and farmers are keeping an eye on fungicide timing. Which probably means, of course, that it’s time to think about what to sell off the combine. Those who are disciplined have likely already priced some crop, but many are just now getting comfortable with committing… Read More
Grain Farmers of Ontario has refreshed the Ontario Wheat Pool brand in an effort to introduce new and young farmers to this marketing tool for the 2013-14 crop year. The re-branding includes a new logo and a new online Wheat Marketing Tool for those unfamiliar with the wheat pool. The tool is intended to help… Read More
As farmers continue to look for ways to capitalize on the local food movement, some new hints were offered up earlier this week from researchers at the University of Florida. In the southeastern U.S., Florida is considered the state with the greatest diversity of what most people would typically call local food, particularly fruit and… Read More
What’s your risk management plan for your cattle business? If you don’t have one or would like to step up your understanding of price risk, managing returns and use of contracts, this free workshop may be for you. Beginning next week, Linus7, Agriculture Financial Services Corporation’s Cattle Price Insurance Program (CPIP) and RealAgriculture.com’s cattle market… Read More
Location has often been the first three things that drives real estate value, but when it comes to farm land, location means something very different. What’s more, while location is very important to land’s intrinsic value, there are several other factors that may trump where farm land is located. It makes sense, as farm land… Read More
With growth like we’ve seen in the last five to 10 years, buying farm land is as close as you can get to a sure bet, right? While it’s true that money invested in land recently has returned far more than you’d make in more public investments, it doesn’t mean the investment is without risk…. Read More
What is it that makes some farmland worth $18,000 to $20,000 an acre and other land range from $6,000 to $10,000? It may seem fairly obvious on the surface, but it’s actually a pretty complex set of variables that have to click into place in order for a farmer to hit that upper range. In… Read More
Controversy has surrounded the giant white wind turbines nearly since the first turbine farms cropped up across rural Ontario. Wind turbines are commonplace in much of Europe and are expanding in Western Canada and Ontario, but not without push back from some residents who list several health issues as fall out from these green-energy generators…. Read More
It’s no secret that farm land prices across Canada have been red hot. Ontario has certainly reflected that trend, with sky-high prices in late winter this year leaving some very happy, and others more than a little concerned about the affordability of land. Ontario field editor Bernard Tobin spoke with Marleen Van Ham, appraiser and broker… Read More
I saw a placard earlier this year around the University of Guelph declaring food is a right. Well, if that’s the case, then those who produce food better have rights too, rights that are shared with the public, clearly understood and widely accepted.A step in that direction takes place May 14, 2013, at the Delta… Read More
Land prices seem to have endless upward momentum. Farm Credit Canada’s latest land value estimates suggest some very impressive gains in values when taken on their own, but put those numbers over a three to five year span, and the bull run on prices seems unstoppable and nearly unbelievable in some cases. But it would… Read More
A historic moment transpired last night. The Calgary Flames traded its leading scorer, captain and legendary player, Jarome Iginla, to the Pittsburgh Penguins for two marginal prospects and a late first-round draft pick in the 2013 entry. Long-time Calgary Flames fans are disappointed with the return for their greatest hero. Much of the sports media is critical… Read More
Farmers do an amazing job of keeping current on the latest agronomy findings, and many are keen to work on new and improved practices each year. But not everyone loves biology — some prefer the business side of farming and enjoy the time spent analyzing markets and setting up a hedging strategy. Each crop type… Read More