A recent survey suggested that 52% of family businesses don’t have a succession plans. Farms are family businesses — does that number sound about right to you? If so, there are thousands upon thousands of farms and farmers that are still dragging their feet on planning the long-term viability of their farm businesses. What will… Read More
Category: Agricultural Excellence Conference 14
Need an excuse to take a trip to a warmer place this winter? Can it be justified as a field trip for the farm? Cold temperatures might be a good enough reason to head south, and maybe it’s easy for him to say because he’s newly retired, but the former CEO of the Canadian International Grains… Read More
Is your farm in the realty business? Equity on most Canadian farms is generated in two ways — selling the proceeds from production and by owning property with increasing value. Speaking at the Agricultural Excellence Conference in Winnipeg last week, the head of Canada’s largest farmland investment company argued there are situations where farmers would benefit… Read More
Periods of conflict between family members will make or break a family farm. That’s why it’s important to address conflict like any other risk to a farm business, says a well-known farm family coach from Boissevain, Manitoba. Elaine Froese described the three C’s for managing conflict as part of her presentation at the Ag Excellence… Read More
It’s not often a farmer gets to show off — and explain — what’s happening in his wheat field on national television during primetime hours. Humphrey Banack of Round Hill, Alberta had the opportunity this fall when he hosted comedian Rick Mercer and his CBC camera crew for a day of combining wheat (if you… Read More
The outlook for grain and oilseed prices might not be as bad — and the cattle market’s trajectory not as good — as the general consensus, according to our guest on TWORA for November 19th, 2014 (click above to listen.) From the Ag Excellence Conference in Winnipeg, Kelvin Heppner chats with FCC chief economist JP Gervais… Read More
While it can be difficult to picture it from the middle of a wheat field in rural Saskatchewan, changes to the global economy have a very real impact at the field level…eventually. It’s those big-picture economic forces that J.P Gervais, chief economist with Farm Credit Canada (FCC) will outline at his upcoming presentation at the… Read More
I suspect there are more people who’d elect for a non-necessary root canal than would like to strike up a conversation with dad about when he’ll finally hand over the reins to the farm. And that’s too bad, really, because the sooner the conversations about long-term farm business planning begin, the better chance there is… Read More
If you’re looking for ways and means to step up your farm leadership skills and tackle the tough questions regarding moving the farm from one generation to the next, you’re not alone. Canadian farms are in the midst of significant business transition that’s set to continue well into the next decade. Farm Management Canada is… Read More
Farm Management Canada (FMC) is bringing back its annual Agricultural Excellence Conference, starting in Winnipeg, November 19-21 2014. The Agricultural Excellence Conference is focused on bringing diverse industry experts and stakeholders together from across disciplines, regions and commodity sectors to share and explore beneficial farm management practices, advice, and insight with leading farm business thinkers,… Read More