As you know, this has been a great year and a poor year for farmers, depending on where you farm. Depending on your situation, there are different tax liabilities to manage. But let’s start with the good stuff. Money made with stocks in a trading account is taxable but how taxable depends on how you […] Read more
Andy’s Top Tax Tips For 2010 And 2011
How My Investments Worked Out In 2010
As I promised in the last issue ofGrainewshere is a rundown of how my investments have done in 2010. I will share my thoughts about what I see ahead. I have to say that I am not very good at predicting, but I need some sort of guideline to help me plan my investment moves. […] Read more
The End Of Cheap Feed And Why It’s Good To Own Land
First off, my wife Pat and I want to wish you a happy and prosperous new year. As I hear fromGrainews readers around the country, 2010 was “one of the best” or “one of the worst” in living memory. It was one of the best in the area around Lloydminster and west where crops were […] Read more
How To Start Farming With A Stranger
Here is a question from a reader about how to wind down their farm. I have deleted the names. Hi Andy, I’m D. My wife and I farm in Manitoba. We were at a meeting the other day and I expressed a concern about succession planning and got some unexpected responses. We are in our […] Read more
AgExpert Software Makes GST Filing A Snap
Most people don’t love keeping the books. Even fewer get all that enthusiastic about a software program. But Rose Graydon is the exception. Farm Credit Canada’s AgExpert software has made her life much easier, and she wants others to know about it. Graydon says she likes working with AgExpert mostly because of its GST calculator, […] 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
Ten Tips For New Farmers
I love new and starting farmers and have helped many over my 40-year career in agriculture. First let’s look at the four ways I have seen new farmers get going. And some thoughts on each. START WITH THE PARENTS Starting farming with parents is quickly becoming the main way young farmers can get farming. A […] Read more
All New Skills Pay Dividends
I hope your crop and harvest are moving along. It has been a challenging year to say the least. From time to time, editor Lyndsey would like me to write about stuff other than stocks so today I will write about some of the skills I learned over the years that helped me get to […] Read more
Use Covered Calls To Turn A Fair Year Into A Good One – for Sep. 6, 2010
This year has been nerve wracking for many farmers in Western Canada. As I write in August, I already hear things like “I want to get this over with and start on next year.” I truly admire the farmers who can go through a rough year and then say, “Well there’s always next year.” When […] Read more
Taking Stock: A Look Ahead To The Rest Of 2010 – for Jul. 23, 2010
We are half-way through 2010 and maybe it’s time to think of how the rest of the year might shape up both in farming and the stock market. The price of oil, interest rates and international economies now affect you and other farmers a lot more than perhaps 50 years ago. Here are my thoughts […] Read more
Cyber-Savvy Farmer
