Category: Mind Your Farm Business

MYFB — Ep. 4: Three Strategies to Manage Margin Compression

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 »

MYFB — Ep. 3: Balancing Farm Risks, Rewards and Opportunity

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 »

MYFB — Ep. 2: Do you Manage by Instinct or Analytics?

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 »

MYFB — Ep. 1: The Art of Goal Setting

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 Launches New Series to Help You Mind Your Farm Business (MYFB)

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 »