In this Episode 28 of The Truth About Ag, co-hosts Evan Shout and Kristjan Hebert sit down with their first repeat guest, Dean Klippenstine, partner and business Advisor with MNP’s Agriculture team, for a wide-ranging and candid conversation about the financial realities shaping Canadian agriculture today. Hear how national economic trends are influencing farm-level decisions,… Read More
Tag: Dean Klippenstine
In episode 17 of The Truth About Ag podcast, co-hosts Kristjan Hebert and Evan Shout sit down with Dean Klippenstine, partner and business advisor with MNP’s Agriculture team. Klippenstine shares insights from his extensive career in agriculture and business, touching on risk management, succession planning, and how collaboration between advisors and producers can unlock growth… Read More
Okay, it’s our second last day of coverage from the Crop Production Show (so the start of warmer temps?). On today’s show from the FCL booth, hear: Errin Willenborg, FCL, on sustainability, Grown with Purpose, clubroot, and the acres still to be harvested in Saskatchewan; Patti Durand, FCC, joins to talk about one of the… Read More
We’re continuing our coverage of the National Farm Machinery Show at Louisville, Kentucky, and trying to keep up with all the great coverage from events across Canada, too. On today’s show, you’ll hear from: News with (Jessika) Guse and special guest Lyndsey Smith; Dr. Tom Deans, on farm business teams; A product spotlight with Scott… Read More
Farmers, as a rule, like to farm. They like to put seed in the ground, watch it grow, and harvest it, or raise livestock and put up feed. Some farmers like to do other things: work in the shop, attend conferences, or maybe serve on boards. Somewhat more rare, though, are farmers that like to… Read More
Perhaps more contentious than the buy versus rent debate is the question of when and why to incorporate the farm. The federal government proposed sweeping changes to how taxes were calculated for corporations last summer. The changes were met with significant push-back from the farm community, as the new rules would have a significant impact… Read More
No two farm business plans are identical. A young, aggressive producer focused on expanding likely needs a comprehensive business plan with detailed cash flow and business projections to satisfy investors and partners. On the other extreme, the business plan for an established farm with no children interested in taking over can be very simple —… Read More
In the past, farms looking to grow simply bought more land, but that’s not as easy as it used to be. Rising land prices are forcing producers to be creative in finding opportunities for growth, which in some cases leads to joint ventures, mergers and acquisitions — the topic of this episode of the Mind Your Farm Business podcast. “The… Read More
What comes to mind when you hear the term “accrual accounting?” Perhaps you flashback to filing your taxes last year when your accountant suggested switching to accrual accounting, but you’re weren’t sure what it meant and why it would be worth the hassle. Maybe your mind immediately goes elsewhere — what’s for supper tonight? Well, as dry as it may sound,… Read More