Inflation Or Deflation? The Risks Depend On Your Outlook

For fixed income investors, inflation or deflation is important. It makes a massive difference whether consumer prices will rise or decline. If they rise, then an income stream from a bond or from a preferred stock will lose purchasing power over time. If we have sporadic or even steady deflation, an income stream will gain […] Read more



Investing In Iron: How Much Is Too Much?

A question that commonly comes up in our discussions with clients is, “What is the right machinery investment for my farm?” In our analysis we see a wide range of investment in iron which can have an impact on cash flow and, more importantly, net income of the operation. In order to illustrate this point […] Read more

It’s Never Too Late To Teach The Kids About Money

We all want our children to have a decent life, be comfortable and grow spiritually, mentally, physically and financially. Sadly, schools are dropping the spiritual teaching and never had the financial teaching in the first place. But what financial information do children need as they get ready to run their own farms or personal financial […] Read more


New Life For My Horse-Racing Dreams

With hopes of my career as a jockey fading, I think I may have found a new opportunity to satisfy my lifelong passion to race horses. Not only have I crossed the age threshold (and am in fact now setting a good stride across the chronological yard), but physical size has been a lifelong issue, […] Read more

Diary Of The 2010 Wheat Crop At Blackstrap Farm

SOILS AND CROPS On page five of the October 4 issue of Grainews,there are two pictures of one of my wheat fields. Early in the season, the crop was yellow and looked pretty sad from all the water, but I predicted the crop roots would reach nitrogen-rich soil at the critical time and turn around. […] Read more


A Plan For Organized Accounting

ANYBODY CAN START FARMING One chore that no one on our farm enjoys is bookwork. After spending the better part of two days on our quarterly GST return for March and July (I was late), I decided we have to come up with a better system. I have also decided that we simply cannot be […] Read more

A Marketing Plan For Ugly And Uglier Lentils

MARKET INTELLIGENCE Success hinges not on just a plan or strategy, but our ability to execute that plan. For example, if you need a single point to win a football game you have a few options: kick a field goal (if you’re close enough), attempt to score with the ball in the end zone, or […] Read more


The Four Rs Of Nitrogen Use

Just like reading, ‘riting and ‘rithmatic were the basics when we went to school, every now and then we have to remind ourselves about the basics of nitrogen application. Maximizing nitrogen use efficiency requires using the right rate in the right placement with the right source and at the right time for each specific situation. […] Read more

Retiring Asset Rich But Cash Poor

Not far from Selkirk, Man., a couple we’ll call Charles, who is 80, and Maude, who is 74, farm 525 acres. They’ve been there for 60 years, raising their own beef and living a good if not wealthy life. Nearby, their son, who we’ll call Ted, 55, farms 1,000 acres. Their daughter, 48, who we’ll […] Read more