Read the covenants before you invest

Just like with any contact, before you sign a contract to buy a bond, 
make sure you read the fine print

Bonds are supposed to provide investors with a high level of security. Yet over time, the concept of making payments when payments are due has been compromised by investment bankers, who cleverly knit new kinds of bonds. The result is that if you buy shares in any company, one share is almost always the same […] Read more

Trends, questions, covered calls and spreads

In this column Andy Sirski talks about some current energy trends, 
and how these trends will impact his stock portfolio

Some interesting enery trends are developing in North America and around the world. Uranium First, recall some issues ago I wrote an article on thorium and how that might reduce demand for uranium. The supply of uranium to the world was supposed to drop by the end of 2013 because Russia will stop selling nuclear […] Read more


Winter on the farm

I fixed the tractor the other day. The bolt the PTO lever pivots on snapped, a diagnosis I came to after dismantling most of the console. Feeling the lever go limp was one of those “oh shoot” moments where my previous, city-dweller self would have parked the tractor and called someone, assuming there was no […] Read more

Marketing contracts

If Brian Wittal was designing the perfect delivery contract, farmers would have firm delivery guarantees

Is it just me, or was there more marketing information and update seminars than usual this past winter? I think there has been. I know I have attended more than usual and have been called on to talk at more than I have in the past couple of years. There have been courses and seminars […] Read more


Reading supply and demand charts

Supply and demand charts can give you some useful insight into future crop prices. Learn how to read them

Beside day-to-day commodity prices, there are other types of information that you should pay attention to. Some of these are supply and demand, carry forward stocks and stocks to use ratio. Supply and demand charts Supply and demand charts (S&Ds) are kept for every commodity imaginable by many different groups and organizations around the world […] Read more

Transferring the farm

Structure for tax exemptions, let the son buy in at a good price 
and make sure there’s enough cash left to retire


At their ages of 62 and 56, a couple we’ll call Max and Daphne want to wrap up their life’s work farming in southern Manitoba. They own 1,120 acres of which 700 are planted to various crops, 300 in hay, and 120 in pasture. Their three children, all men in their 30s, will be part […] Read more


14 per cent return on assets — wow!

Farmers who rent a large portion of their land base can generate large annual returns. These high returns come with risks that must be managed

We recently did some work for a young client, Curtis Makiteezy. Curtis had a very interesting operation that caught our eye and made us do a double check. There are very few farming models that surprise us any more however this one was worth noting. The operator was a young fellow operating a midsize grain farm with […] Read more

Stocks, spreads and the 10-day moving average

Try these five tax tips to save money on your 2012 tax bill. 
Then read Andy Sirski’s stock update

Lots has gone on during the first two months of 2013. First, I want to mention just a few tax tips that you or your family might be able to use. Five tax tips 1. Moving expenses: If you move to take on a new job, remember to keep records. When you move to a job […] Read more


Making the seeding decisions

Toban and his father are deciding what they’re going to put in the ground this spring — Toban’s first year back home on the farm


Seeding. The word alone fills me with nervous excitement. Nervous, because it’s what seeing your work in print is to the farming world. The big show. No turning back. What’s done is done. This is what it’s all about, seeding and harvest. Excitement, because it’s the beginning of a new season, and it’s a tangible […] Read more

Editor’s column

The #$@% thing took a #$%& run at me!” My husband was okay, just a little shaken up. All that barking Our dog had been barking at night — all night — for about two weeks. Loudly. On and on. Just outside our bedroom window. We’d get up, go to the window, look outside. Nothing […] Read more