The Beef Cattle Research Centre has a calculator to help with the process of adding up yardage — the overhead for cow-calf operations.
Tag Archives business management
Tracking cow-calf yardage can improve decision-making
The Beef Cattle Research Council has a calculator to help make the process easier
Watch your words
Seeds of Encouragement: Self-defeating language can kill transition conversations and affect your mental health
Recently in one of our amazing membership coaching calls a farmer sighed loudly about his transition frustration and said, “It is what it is.” This sparked a lively conversation about how we handle our mental well-being, which is often bathed in waves of frustration as we try to navigate the needs and wants of founders […] Read more
Tips to achieve financial harmony with family and lenders
Consider the five C’s of small business lending as an evaluation tool for a loan
This past winter, I attended two conferences in Alberta related to farm business management. One was the annual conference of Farm Management Canada (FMC) held in the beautiful Rocky Mountains at Canmore, and the other was the annual Alberta Farm Advisor Update presented by the Canadian Association of Farm Advisors (CAFA), which was held in […] Read more
Free online course for business planning skills
No matter what stage your farm is in, business management practices play a crucial role in your farm’s success and longevity. But how to go about figuring out which practices to implement? And it can be a daunting task — especially after a long day spent in the fields. Fortunately, a new program is making […] Read more
Do you really need all that machinery on your farm?
Hidden profit robbers, Part 3: Unused machinery, too much diversification could be affecting your profitability
In this series of articles, I looked at various profit robbers on the farm and how to address them. In Part 1, I examined the biggest offender — machinery depreciation — and how sneaky it is, since it’s a hidden cost that doesn’t affect your cash flow. To minimize this cost, I suggested you consider […] Read more
Report links business management, mental health of farmers
Farm women, young farmers report higher levels of stress, difficulties coping
Ottawa — A new report from Farm Management Canada (FMC) calls for action after determining 75 per cent of Canadian farmers reported being moderately to highly stressed about unpredictable interference, workload pressure and financial pressures. But how a farmer plans his or her business — and associated risks — can help lower that statistic. The […] Read more
AGvisorPro connects producers to virtual consultants
Technology has increased relevance during pandemic
No one plans or welcomes a pandemic, but Rob Saik says in this unexpected time of isolation and social distancing, a new service he launched in 2019 can help farmers connect with a diverse network of agricultural expertise either online or by phone, at a time when face-to-face personal contact is being discouraged. Saik, well […] Read more
Expert answers are just a phone call away
What’s that bug? What’s that weed? Why is that cow not eating? Why am I not getting the yield I expected from this wheat crop? Which sprayer nozzle will work best for my needs? Why is my combine making that noise? If you’ve been faced with those or hundreds of other questions during your farming day, AGvisorPRO probably has […] Read more
Cyber-Savvy Farmer
