Farm business Archives - Page 16 of 35

International farmers may ease Canadian human capital crunch

A global retirement crunch is coming and Canada is ill prepared, report says

By GFM Network News April 4, 2023

As other nations reduce their agricultural footprints in an effort to boost sustainability, their loss could be Canada’s human capital gain, a new report suggests. “The immigration of scientists, data engineers, and entrepreneurs has been recognized as critical to Canada’s growth. A similar approach needs to be adopted to attract farmers,” the authors wrote. The […] Read more

One million dollars at six per cent interest amortized over 20 years means annual payments of $87,184. At seven per cent interest, the annual payments are $94,392, which is an increase of $7,208 per year. Are you sure your cash flow can handle those extra payments?

Features

Look before you leap… into new purchases for the farm

Careful planning is necessary with today’s high interest rates

By Art Lange February 28, 2023

If you are considering a sizable new purchase, hopefully the title has piqued your interest and you will read on. My purpose with this article is to encourage you to carefully consider several important points before you make any significant new purchases. With the present high interest rates, which may rise even more, careful planning […] Read more

It can be an interesting journey to graciously let go of control and mentor the next manager of your farm business.

Columns, Farm Life

Froese: Reduce friction on the farm

Seeds of Encouragement: Transitioning to the next generation may be difficult at times. Here are some tips to help farm founders and their successors with the process

By Elaine Froese February 6, 2023

Recently, I participated in an AgvisorPro webinar looking at the risk factors in farm transition. Dean Klippenstine, a partner and agriculture business advisor with the accounting firm MNP in Regina, Sask., was another one of the speakers, and something he said really hit me: “I’d rather have really good management than lots of old money […] Read more

Strong families celebrate. Think about how great you are going to feel when you embrace the power of target dates and timelines.

Columns, Farm Life

Froese: The power of target dates

Seeds of Encouragement: Setting timelines for action can be key in planning your farm’s future

By Elaine Froese January 26, 2023

There’s nothing scarier for farm families who are trying to gain control over their lives than to have no clue about what the future holds. As a coach I call this “the pain of not knowing.” Time has a way of slipping quickly by, something like the toilet paper roll that spins faster as it […] Read more

More than 300 exhibitors will be taking part in this year’s Western Canadian Crop Production Show at Saskatoon’s Prairieland Park.

Features, News

It’s showtime for Crop Production Show in Saskatoon

The Western Canadian Crop Production Show returns, and enthusiasm for the event is building

By Jim Timlick January 6, 2023

Saskatoon’s Western Canadian Crop Production Show is always one of the most anticipated happenings of the agricultural trade show season, and this year’s event is no different. This year’s show will take place Jan. 9-12 at the World Trade Centre Saskatoon at Prairieland Park. Leigh Ann Hurlburt, ag manager for Prairieland Park, says there is […] Read more

Kristjan Hebert says rather than focusing on how much they’re willing to spend on ag insurance premiums, farmers would be better off considering how much money they’re prepared to lose.

Wheat & Chaff

Halsall: Aim for the home run ball

By Mark Halsall December 30, 2022

Every year, farmers play a high-stakes game against Mother Nature and all of the other in-season perils, betting their fields will yield a bounty of profitable crops come harvest. It’s risky, of course, which is why crop insurance is such a vital aspect of risk management for many western Canadian producers. But is crop insurance […] Read more

Farmers face a number of uncontrollable factors that can lead to high rates of depression, anxiety, even suicide. (Eclipse_images/E+/Getty Images)

General

Free mental health training, workshops offered for farmers

Do More Ag Foundation expands programming available

By GFM Network News November 24, 2022

Farmers seeking mental health support will have access to free training and community workshops for the fourth year in a row via the Do More Agriculture Foundation (DMAF) and Farm Credit Canada (FCC). Factors such as financial insecurity, uncontrollable weather and isolating working conditions contribute to high depression, anxiety and suicide rates among farmers, according […] Read more

Columns, Hart Attacks, News

Time for the ‘Big R’ has come

About 10,000 interviews and 45 billion words later there’s nothing left to say — almost

By Lee Hart October 25, 2022

By about this time next week — October 20 to be exact — I will be retired. After about 50 years of writing and editing and rarely missing a deadline, October 20 is my last day of full-time employment. October 20 is my birthday. I will be turning 71 (where the heck did that number […] Read more

Wrecked structures float in the water in the aftermath of Hurricane Fiona at Rose Blanche, N.L., about 45 km east of Port aux Basques, on Sept. 25, 2022. (Photo: Reuters/John Morris)

General, Reuters, Weather

After Fiona, climate experts urge Canada to fix flagship adaptation strategy

By GFM Network News September 28, 2022

Reuters — Canada’s first national climate adaptation strategy needs to be improved to include near-term targets and specific solutions ahead of its November release to mitigate worsening global warming impacts, experts advising the government told Reuters in the wake of devastation caused by storm Fiona. Fiona, one of the worst storms to ever hit Canada, […] Read more

Peepeekisis Cree Nation hosted Crown–Indigenous Relations Minister Marc Miller on Aug. 3, 2022. (@MarcMillerVM photo via Twitter)

Crops

Feds apologize for Saskatchewan farming colony scheme

Apology comes year after settlement with Peepeekisis Cree Nation

By Dave Bedard, GFM Network News August 10, 2022

Just under a year after Peepeekisis Cree Nation’s settlement with the Canadian government over the File Hills Colony forced farming scheme, the federal government has made a formal apology. Operating from 1898 to 1954, the File Hills Colony scheme involved what the government today describes as the “involuntary relocation” of graduates from residential schools and […] Read more

U.S. livestock: Cattle futures higher on screwworm news

Trade mission heads for Japan as Canada becomes the country’s top pork supplier

U.S. grains: Soybeans drop on lack of Chinese demand, wheat hits contract lows

GFM Network News