Coffee shop talk is often revered and repeated, but is it completely honest? What if, instead of comparing your farm and farm practices across the fence row, you instead sat down with farmers from one hundred kilometers away and compared notes? What could you learn? That’s the concept behind formal peer advisory groups, explains Dr… Read More
Category: Farm Management
Farm Management Canada is set to host the newly relaunched Agriculture Excellence Conference in Regina, Sask., this November 25-27, 2015. The theme of this year’s event is ‘Cultivating the Entrepreneurial Farmer,’ and that theme will be carried through a moderated debate on social license, a panel on the future of farming, roundtable sessions, engaging keynote… Read More
The Canadian Agricultural Human Resource Council (CAHRC) announced this week the list of individuals who now form the advisory group for the Supporting the Advancement of Women in Agriculture project. The project, funded through the Status of Women Canada, will “examine and address critical barriers to advancement facing women in the industry.” From there, the… Read More
The second annual Robert (Bob) L. Ross scholarship program is now accepting applications. The scholarship is offered by Agri-Food Management Excellence (AME) in collaboration with Farm Management Canada, Family Farms Group and the Ross Family. Applications must be received by September 15, 2015 The successful recipient will receive free tuition to the CTEAM (Canadian Total… Read More
“Lean” principles originally developed to increase efficiency and reduce waste in the automobile manufacturing sector are being applied in many other business and process-related sectors, including primary agriculture. Toyota is often credited as the first company to develop and intentionally implement Lean principles in their assembly lines decades ago. Last year, the Agri-Food Management Institute, working… Read More
How does that old saying go? Crop prices take the stairs up but the elevator down. It could be said that crop input prices do the exact opposite. Price trends of both variable and fixed inputs seem to march to their own drum. Variable input prices are slow to back off highs; fixed costs can… Read More
The Canadian Pork Council is exploring the feasibility of a hedging program to help hog producers manage price volatility and cash flow needs. Bev Shipley, MP for Lambton-Kent-Middlesex and chair of the Standing Committee on Agriculture and Agri-Food, announced federal funding of up to $169,530 for the project through the federal AgriRisk Initiatives program on Friday. “I… Read More
There are seven common types of risks to your farm business. There’s price risk, weather risk, production risk and more, but have you thought about opportunity disguised as risk? If you’re comfortable playing the odds on big projects or plays, how do you find balance in other parts of your farm business? How do you… Read More
June 30 was a big day in 1867: the eve before the birth of this great nation. This year, nearly 150 years later, it marked the end of the trading month, the end of the trading quarter, the final day for Greece to accept new financial austerity measures or make a €1.6 Billion loan payment (they did… Read More
Jeff and Ebony Prosko of Rose Valley were named Saskatchewan’s Outstanding Young Farmers for 2015 during the OYF luncheon at Canada’s Farm Progress Show in Regina on Friday. They operate a 4,500 acre grain and oilseed farm — part of a larger 15,000 acre family operation in northeast Saskatchewan. The Proskos also opened an ag retail business at Rose Valley called… Read More
Mind Your Farm Business (MYFB) is a 12-part audio series exploring a wide-range of farm business management topics. Featuring thought-provoking leading experts in an engaging format, MYFB is brought to you by RBC Royal Bank. You can find the full series by tapping here. How many times have you let your gut make a big… Read More
The Canadian Sheep Federation (CSF) will combine sheep and lamb production assurance systems under the nationally recognized Food Safe Farm Practices (FSFP) thanks to nearly $350,000 in funding under the Agriculture and Agri-Food Canada’s AgriMarketing Program funded by Growing Forward 2. This support will allow the Canadian Sheep Federation to integrate the National Sheep Biosecurity… Read More
Mind Your Farm Business (MYFB) is a 12-part audio series exploring a wide-range of farm business management topics. Featuring thought-provoking leading experts in an engaging format, MYFB is brought to you by RBC Royal Bank. What’s the plan for your farm? If that question seems far too large and long-term to answer effectively, you’re exactly… Read More
RealAgriculture, the Canadian agriculture digital media leader, is launching a new audio series to assist producers in building their farm management skills. The 12-part series — Mind Your Farm Business — is sponsored by RBC Royal Bank, and new episodes will be released twice a month, beginning June 9th, 2015. Agriculture is not isolated from… Read More
Does farm size matter when it comes to managing interest rate hikes? It does, says Greg Pate, economic policy analyst with Ontario’s Ministry of Agriculture, Food and Rural Affairs, but not in the way you may think. Bernard Tobin spoke with Pate at a recent half-day farm finance conference held at Guelph, Ont., to talk… Read More