Do you know which fields make you money and which ones don't? At what point in the year do you sit down and determine what your breakeven costs are for a specific piece of land? The FieldValues app was designed to help farmers keep information about costs and break-even prices current throughout the growing season.... Read More
Category: Farm Management
A year ago we ran a post describing the grandparent wisdom you should never forget on the farm. This list of five things was very popular, even inspiring several additions to the list through reader emails, twitter and Facebook. All things are not golden though — it's time to release the list of the things... Read More
"I don't need to exercise because I work outside." "I am farming — I have no time to eat right or exercise." Are these quotes from you? Do you make time for healthy eating and exercise during the week? Back in the 1930's you needed to have a strong back to be a farmer. The... Read More
Ontario Farmers are turning out in force to participate in the Great Lakes Agricultural Stewardship Initiative (GLASI). “We’ve had incredible response to GLASI in the targeted areas,” says Margaret May, regional program lead with Ontario Soil and Crop Improvement Association, which administers the program. Interest and attendance at program meetings has been strong, she adds.... Read More
This week we are on the TechTour LIVE road show in Camrose and Lethbridge. Our keynote speaker is Chip Eichelberger, who engages audiences to "get switched on" and "plugged back in." In Chip's keynote, he mentions that it's actually not that difficult to compete in North America because so many people are comfortable being mediocre.... 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... Read More
For many farm families, building a farm business that the next generation can take over is a top priority. There's great pride and value placed in keeping a farm "in the family." While it's important to have a viable business worth passing on, a successful farm transition also requires individuals in the younger generation who... Read More
The administration of cash advances has become a competitive business following legislative changes to the federal government's cash advance program last year. With the passage of Bill C-18, each producer group that serves as an Advance Payments Program administrator (find a list here) can issue the short-term loans for all 45 crops and livestock types... Read More
Canadian farm income hit a record high in 2015, and is expected to drop slightly in 2016, according to Agriculture and Agri-Food Canada. The impact of a weaker Canadian dollar supporting domestic prices is evident throughout the department's 2016 Canadian Agricultural Outlook, which was published on Friday. Here are some highlights: Net cash income on... Read More
In what areas does your farm business excel? What are you poor at? And how can you respond to make improvements? Self-assessment and continuous improvement are what separates high-performance farms from the average. Rob Hannam, President and Client Director of Synthesis Agri-Food Network, joins us for episode 14 of the Mind Your Farm Business podcast... Read More