Farm business Archives - Page 27 of 35

Gord Nystuen gave a presentation on input prices at the Ag In Motion Farm Show near Saskatoon this summer.

Commodity streaming for farm finance

Input Capital offers working capital to finance inputs for western Canadian canola growers

By Julienne Isaacs October 19, 2015

Commodity streaming is a term most Canadians associate with the mining industry, if they’ve heard it at all. But over the next several years, they may be hearing it more and more, along with the name Input Capital, the Regina-based company that introduced it to western Canadian agriculture. Input Capital, whose shares trade on the […] Read more

I feel an uncanny sense of responsibility.

Columns, Crops

When the rubber hits the road

Making decisions and paying the bills is turning Toban Dyck into a real farmer

By Toban Dyck September 24, 2015

Two days ago it was way too early. But that morning, driving by my field of soybeans, I wasn’t sure. In fact, it’s hard to be sure of anything related to the fate of my 110 acres. I drove to the approach, walked in a few feet, there didn’t seem to be much for weed […] Read more

Columns

Keep farming for a lower tax bill

Keeping the farm operating will hold taxes down and maintain the farm legacy

By Andrew Allentuck May 19, 2015

Farming has been good to a couple we’ll call Horace, 50, and Betsy, 40. Their 3,500-acre grain operation has been consistently profitable. Now they want to plan their retirement and succession, but it’s too early to tell if their daughter, Moira, 10, will be interested in continuing to farm. The couple plan to stay with […] Read more

Features

Five habits for a successful farm succession

Unresolved conflicts destroy family businesses. Plan ahead to help your family through the farm succession minefield 

By Michael Flood April 28, 2015

Dr. John Fast, a business planning consultant, bills himself as “The Family Business Doctor.” Judging from the size of the crowd at his talk at this year’s FarmTech Exhibition in Edmonton, lots of farmers are seeking his prescriptions. His presentation, “The Ultimate Management Challenge: Succeeding At Succession,” addressed one of the most difficult parts of running a family […] Read more

Cattleman’s Corner

“Sustainability” in all its forms

Industry sustainability is built  one farm at a time, anticipating and being prepared for change

By Sean McGrath March 31, 2015

The “S” word (sustainability) has been in popular use for several years among industry and developers and it has recently undergone a major surge of interest in the beef industry. Sustainability really reflects the long-term viability of the industry in terms of the three pillars of the environment, economics and social demands. It would be […] Read more

Columns, Crops

A look back and a step up

When the next generation moves home to the farm, it’s a time for change and role re-evaluation

By Sarah Weigum February 12, 2015

I am somewhat late for the season of “year in reviews,” so I thought I’d do one better and review, briefly, my last three years on the farm. In May 2015 it will be four years since I moved back to the farm, so I’ve been through four crop seasons. When I moved back to […] Read more

Columns

Untangling the farm tax knots

For a two-generation family actively farming a big spread, transition poses tax issues

By Andrew Allentuck January 29, 2015

In southwestern Manitoba, a couple we’ll call Phil, 63, and Mary, 58, have farmed grain for the last four decades. For Phil, the farm is a continuation of a family tradition with his parents and his brother. For 40 years, they have plowed all profits back into the farm. Today, they farm 4,000 acres they […] Read more

Columns, Crops

We swathed our wheat. Would we do it again?

Toban Dyck’s crop went from “the crop that  could have been” to… well, the crop it was

By Toban Dyck November 4, 2014

We swathed our wheat. Because why not. Because there’s nothing like picking up a dry swath with a powerful combine. Because we didn’t want to desiccate. But swathing turned out to be a mistake. We had no idea our wheat would sprout. How could we have? And the worst thing is there’s no guarantee it […] Read more

Columns

Good communication is key to a successful farm transition

Finding common ground is a good way to move things along as long as both parties buy in

By Andrew Deruyck August 21, 2014

This is the final part of our series on succession. We’ve looked back over the last 10 years identifying successes and messes that we’ve witnessed in business transitions. From here we developed an extensive list of reasons why those transitions were successful or what caused them to go off the rails. We grouped this list […] Read more

Farm Life

Too frosted to forgive?

Forgiveness is an issue that farm families need to take a look at

By Elaine Froese May 29, 2014

Man, I can’t believe that guy, every time I make a mistake, he just can’t accept my apology, and he keeps really good track… for years!” Does your farm team have the ability to apologize, and accept mistakes? I was saddened to hear a young farmer confide with me that in all his years, he […] Read more

GFM Network News

U.S. livestock: Feeder cattle hit contract highs on tight supply

U.S. grains: Soybeans tumble on doubts over U.S.-China trade progress

Alberta harvest wrapping up: report

Farm business

Commodity streaming for farm finance

When the rubber hits the road

Keep farming for a lower tax bill

Five habits for a successful farm succession

“Sustainability” in all its forms

A look back and a step up

Untangling the farm tax knots

We swathed our wheat. Would we do it again?

Good communication is key to a successful farm transition

Too frosted to forgive?

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