When RealAgristudies surveyed farmers in January as part of the Canadian Farmer Sentiment Index, some very interesting trends developed, with notable changes happening over the last few months. Today, we are going to look at the impact that age has on how farmers view their current farm financial performance: In aggregate, famers said that their... Read More
Category: Farm Management
In just six years time, there will be more than 100,000 jobs vacant in the agriculture industry if significant measures are not taken to adapt, train, and attract new entrants to the industry. New data from the Canadian Agricultural Human Resource Council (CAHRC)'s latest report on labour market dynamics, from a study conducted by The... Read More
There's a growing problem in rural and remote areas of Ontario. A lack of large animal veterinarians is looming for the region, and the problem will only get worse without strategies to address the impending issue. Already, farmers and ranchers have identified that large distances and too few vets makes proper veterinary care expensive. Now,... Read More
The interest-free component of the federal government-backed spring cash advance loan program for farmers is reverting to $100,000 for 2024 after being increased to $250,000 in 2022 and $350,000 last year. Many farmers use spring advances to help cover the cost of planting a new crop, using crop insurance or AgriStability coverage as collateral. Former... Read More
Canada and the U.S. are unique, different, and not at all the same in many ways, but these two countries also have a laundry list of things in common. There's also the trade relationship that exists, where plenty of products — agriculture and otherwise — flow both north and south freely. Some of where we... Read More
Southwestern Ontario is home to some of Canada's most productive farmland. In recent years, land values have climbed to dizzying heights with competition for top acres driving sales for some farms into the $40,000-per-acre range. But some of the air was let out of the value balloon in 2023, says Ryan Parker from London, Ont.-... Read More
Farm Management Canada is hosting free, one-day farm business practices assessment workshops across Canada beginning later this month. The workshop, Seeding Success: Assess, Act, Achieve!, is open to all Canadian producers and farm families and management teams. The workshop is funded through the Canadian Agricultural Human Resource Council, as part of the Sectoral Workforce Solutions... Read More
The phrase work smarter, not harder is perhaps best applied when you've got no other choice — a one-person or two-person farm has no choice but to get creative when it comes to handling grain, the logistics of seeding and harvest, and more. But it's not just farms with only a few people that benefit... Read More
Producers impacted by drought in 2023 have more time to apply for the 2023 Canada-Saskatchewan Feed Program announced in late October. The AgriRecovery application deadline has been extended to March 15, 2024. The submitted application needs to indicate the number of breeding animals on hand as of August 21, 2023, and kept until January 31,... Read More
You can't take it with you. In this case, the "it" is the farm, and if you're putting off transitioning the farm to a new owner or manager, you might be missing out on a huge opportunity to mentor and continue the success of the legacy you've built. The trouble is, most of us operate... Read More