Farm business Archives - Page 21 of 35

Five reasons to make a farm business plan

Many farmers do not have a business plan. Here are five reasons to make one for your farm

By Art Lange February 28, 2019

Actually doing a business plan for your farm can be a real chore for many farmers since they are “hands-on” people that prefer the actual day-to-day work (which is always necessary) rather than “desk work.” However, as operations become larger, more complex and involve more people the reasons for business plans become more important. Here […] Read more

FarmLife, Wheat & Chaff

Tips when undergoing a farm transition

By Gerry Friesen February 1, 2019

There are certain dreams and wishes we all have. Health, happiness, wealth. This is no different on the farm. The ideal farm is profitable, productive, and safe. When the time comes to pass down the farm we have worked for our entire lives, there can be feelings of trepidation and angst. Dad is afraid of […] Read more

Equip Blog

Machinery, burgers and seminars

By Scott Garvey January 24, 2019

This week I was back at the annual Manitoba Ag Days show in Brandon. I’m sure I haven’t missed that event in far more than a decade. It, like a handful of other equipment shows, has become an annual ritual that gets penciled onto my calendar at the start of the year. Each show I […] Read more

Columns

Toban Dyck: Putting the hard questions on the table

Table talk topics at Farm Forum hit close to home for conference participants

By Toban Dyck January 21, 2019

One of my talents as an adolescent was being able to sleep until noon. It was, at the time, the only real talent I felt confident about. Fast forward to now. I’m 38 and I’m getting up at 6 a.m. to attend a table talk on succession planning at the Farm Forum event in Calgary. […] Read more

The Ference’s focus is to “work smarter and do more with less,” believing that diversity in many agriculture sectors is important to allow for success and part of their succession planning.

Features, News

Outstanding Young Farmers awards go to Alberta and Ontario

Diversified farming operations receive national recognition

By Lee Hart January 8, 2019

Two completely different, but well-managed mixed farming operations in Alberta and Ontario were named as Canada’s Outstanding Young Farmers (OYF) in early December at the OYF national awards competition in Winnipeg, Man. After winning regional nominations in their home provinces, Craig and Jinel Ference of Double F Farms near Kirriemuir, Alta., and brothers, Jordan and […] Read more

Justin Allport’s operation is based out of his parents’ yard a few miles from his own house, where he lives with his wife Nicole and their two young children, Amara and Emmett.

Features

Meet your farming neighbours: The Allport family

Meet Justin Allport and his family, on their grain farm in west-central Saskatchewan

By Jenny Allport December 10, 2018

Every farm has its own story. No two farms (or farmers) are exactly alike. Everyone got started in a different way, and every farm has a different combination of family and hired staff who make the decisions and keep things running. But, in general, even after you consider all of the details, farmers are more […] Read more

The financial failure of a farm can cause added friction, especially when it comes time to transition to the next generation.

Columns, Guarding Wealth

No farm profits mean a change of plan is needed

This family’s generational ownership shift plan doesn’t work without farm profits

By Andrew Allentuck October 19, 2018

A family we’ll call the Browns has farmed in southern Manitoba for four decades. Over the first 30 years, they grew their farm to 2,000 acres of pasture and grain. Today, Jack Brown is 67 and Molly, his wife, is 66. Their son, Max, and his wife Chloe have three children under 10. Farm income […] Read more

A young father with his little son walking in the wheat field at sunset in a warm summer day

Farm Life, FarmLife

Don’t be a fleeing heir or end up in shirt sleeves

Study shows large percentage of families will lose their wealth in succeeding generations

By Elaine Froese October 11, 2018

Last month we talked about the great wealth transfer tension; there’s more. Financial planner Anthony Williams describes a study by Investment News suggesting 66 per cent of children will ultimately fire their parents’ financial adviser once they receive their inheritance. These folks are called fleeing heirs. I would like to know the statistic for farm families, as […] Read more

Inigo Arruabarrena, from Basque Country — travelling the world.

Columns, Hart Attacks

You never know who’s out there

From a small town in the Basque country to the passenger seat of Lee Hart’s car

By Lee Hart September 12, 2018

I don’t usually pick up hitchhikers. Partly because I really don’t see that many on the roads I travel, and largely because I usually have so much stuff — snacks, drinks, assorted wrappers, garbage, camera bag, briefcase — piled on my passenger seat that it becomes a major project to make room for someone. But I recently made an […] Read more

Columns

Reporter’s Notebook: Where’s our federal ag minister?

From taxation to transportation, there’s a lack of understanding of agriculture showing

By Lisa Guenther April 17, 2018

Some days, you really have to wonder where our federal ag minister is at. Last year, the federal Liberals attempted to roll out tax reforms that raised the hackles of many in the ag sector. The proposed changes to capital gains exemptions seemed likely to threaten many producers’ abilities to pass the operation to their […] Read more

U.S. livestock: Cattle markets up ahead of report

U.S. grains: Soybean futures fall after Trump-Xi call

Prairie Wheat Weekly: Western Canadian bids slightly decline

GFM Network News