GFM Network News


Farm Financial Planner: Use farm corporations for shifting generational ownership

Land and machinery ownership changes are easier through corporate shells

The world economy, and Canada’s part in it, turns out to be vulnerable to COVID-19, a microscopic particle wrecking industries, supply chains, and, in particular, the financial health of many farming families. The causes of distress range from loan payments due for farm equipment and real estate, which lenders may postpone — depending on the […] Read more

Managing ourselves in times of crisis

The reality is that we are in uncharted waters

Since my last article was written, the economic situation has deteriorated significantly. Our stock markets have been in freefall with the U.S. market recording its fastest ever 30 per cent decline. I use U.S. market history rather than Canadian because the data is readily available and the United States is the largest, most diversified market […] Read more


What happened to those co-op grain elevator companies? Part 3

Grain co-op history and what marked the beginning of the end of those companies

The establishment of co-op organizations came out of the realization that people needed to work together for the benefit and betterment of everyone and the ability to join together to either sell or purchase needed products at fair value to ensure a decent living and livelihood for all involved. When the First World War broke […] Read more

Nuseed has partnered with Federated Cooperatives Ltd. for the introductory launch of the canola hybrid NC355TF in limited quantities for 2020.

First Nuseed canola hybrid registered in Canada

Official registration received from CFIA for Nuseed Canadian canola hybrid

The registration of Nuseed’s first Canadian canola hybrid, NC355TF, marks the seed company’s entry into the Canadian canola market. It’s the first hybrid resulting from Nuseed’s six-year Canadian canola R&D field program, which is dedicated to developing top-performance hybrids for Canadian conditions, according to the company. “This registration is the first in an exciting new […] Read more


Bears, bulls, corrections, pull-backs

Economic downturns can have benefits too

We all love a good bull market, but are uptrending markets always the best for long-term investors? We spend from ages 20 to 60 or even 70 accumulating assets, and only the last 10-30 years cashing them in to live on. Why would we worry about a correction or bear market, unless we are at […] Read more

Farm Financial Planner: How young farmers can fulfil financial needs now and in the future

Make a long-range plan to buy a house, educate your children and plan retirement

A couple we’ll call Molly and Frank, who are 30 and 33 years old, respectively, farm 1,400 acres of grain and pasture in Manitoba’s Interlake district. They have a new child, Emma, and are looking ahead to the time they will retire. That could be three decades in the future, but, though distant, the exercise […] Read more


How grain companies are changing the numbers: Part 2

Know grain handling and cleaning charges to negotiate better prices

In my last column, I discussed how total grain production and total grain exports have not increased dramatically over the last five years. So why are grain companies building new facilities over this same time period? Grain handling is a volume and numbers business. If grain companies don’t handle the volume, they need to “change […] Read more

A look back at past recessions can provide some long-term guidance for cow-calf operators.

Cattle market absorbs recessionary factors

Market Update with Jerry Klassen: Experience shows it will take months for the market to recover

North America and the world economy in general will move into contraction phase during 2020. Negative economic data is starting to come out for the first couple of months of the year. Early estimates have Canadian and U.S. GDP contracting by two to four per cent in the first quarter and as much as eight […] Read more



Commodity booms and busts: Part 2

Rinse and repeat: commodity stock prices follow an ever-repeating cycle

Where are we in the current economic cycle? Canada experienced a minor commodity-driven recession in 2015. It was a major recession in oil-producing regions but unfelt in other parts of the country. The United States has not experienced negative growth since 2009. My focus with this article is the United States because well, it’s the […] Read more