The Bank of Canada took a step to attempt to soften the blow of COVID-19 on the economy by dropping its key rate by another 50 bps to 0.75 per cent — the second cut in as many weeks. The Bank of Canada also took additional measures with banker acceptances to keep the short term... Read More
Category: Farm Management
For many of the commodity futures in meats and grains, it has been a very rough two weeks of panic selling in response to coronavirus economic impacts. The sell-off has not been isolated to agricultural commodities, as the equity market in the U.S. is now officially in a bear market and down 20% off of... Read More
Reduced slaughter capacity, tanked prices, and capped risk management programs have beef farmers in Ontario going public asking the federal and provincial governments to do more to #HelpBeefFarmers. Beef Farmers of Ontario (BFO) says producers are at a "tipping point" and facing economic crisis. The group says market and trade disruptions have caused average weekly... Read More
Early March has brought a very bearish tone to the commodity and equity markets due to concerns regarding the coronavirus. As a result, both the Bank of Canada and the U.S. Federal Reserve aggressively cut their key rates 50 basis-points. The possibility of both countries making even stronger cuts in the coming months is likely... Read More
The Ontario Veterinary College (OVC) has hired Dr. Andria Jones-Bitton as OVC director of well-being programming. In this newly-created position, Jones-Bitton will provide well-being expertise founded on an understanding of current literature, focused training, and knowledge of emerging trends. “Andria brings a depth of knowledge and expertise in mental health and well-being research, particularly surrounding... Read More
If there's one thing farmers want less of, it's paperwork. However, in the current climate of "don't just say you're doing the right thing — prove it," verification programs and the corresponding administration are on the rise. Verification and best management practice programs are not new for Canadian farmers, from the Environmental Farm Plan, to... Read More
Transition planning is multi-faceted. There's the business, the land, and the emotions to deal with; and figuring it out is contingent on the owners' willingness to start a hard conversation. For farm businesses, often rooted in a family ownership, this means the parents must first have the initial discussion says Merle Good of GRS Consulting,... Read More
While price plays a big role in committing to a grain contract, there are other factors to consider as well, from delivery terms to potential damages. In this video interview, Janelle Whitley, policy development manager, with the Canadian Canola Growers Association, discusses the top five things to know when considering a grain contract, and says,... Read More
We've all been there — trying to explain something to someone who just doesn't seem to get it. But keynote speaker and communication thought leader Gregor Jeffrey says figuring out communication isn't something you have to do on your own. Science and research can give us the techniques we need to make it work. Jeffrey... Read More
A new mental health project that will see rural and remote communities develop action plans for improvements is underway in Alberta. The Canadian Mental Health Association, Alberta Division (CMHA AB), with $1.6 million in funding assistance from Alberta Health, is leading the Rural Mental Health Project with up to 150 rural and remote communities across... Read More