The face of Canada is constantly changing, however, a great deal of those changes happen so slowly they go unnoticed. But sometimes changes take place that can’t help but be felt. Any of those shifts that involve the famous or infamous “baby boomer” generation tend to be some of the more noticeable demographic shifts. That’s… Read More

If you were given the choice between playing the game or sitting down together to come up with the rules of the game which would you pick? Here we see the inherent problem with the family business and the dilemma of succession planning. Unfortunately, we can play the game for years before we run into… Read More

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

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

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

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

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

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

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

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

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

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

 

Register for a RealAgriculture account to manage your Shortcut menu instead of the default.

Register