Grain companies profit more from handling grain than from selling grain.

Grain marketing changes over time

After all of the changes over the past decades, do farmers have more price control?

When I started my first job at a farmer-owned co-op grain elevator 36 years ago, the only way a producer could get a price was by calling or stopping by the local elevator to see the daily bids. These only included grains like canola, rye and flax, as all wheats, barley and oats were under […] Read more

May feeder cattle minus October live cattle daily chart.

Looking at the feed grain component

Risk Management Part 5: More feeder cattle equals more feedlot placements, equals larger beef production

With this final article for the series on risk management for cow-calf producers, I note the previous columns discussed a specific aspect of the cash and futures market relationships. Producers are aware of when basis and futures levels are favourable and can use this information for buying price insurance or placing hedges on the feeder […] Read more


money

The most important investment number

The “Rule of 72” is one of the most fundamental principles of investment

One of the most fundamental investment principles is the “Rule of 72.” Understanding this rule is key to understanding investment returns, the benefits of tax-advantaged accounts, and why starting with limited funds can still lead to great outcomes. The year 1972, for those of us old enough to remember, was a year that will forever […] Read more

Dow Seeds, D-Series and Nexera canola will be marketed under the Brevant brand.

Corteva builds on Dow/Dupont foundation

New seed and crop protection company has a one-track mind — agriculture

Following the merger of DuPont and Dow, western Canadian farmers won’t see any major changes for the next year or so, but be ready for Corteva Agriscience — it will be the new name delivering some familiar products, with promises of more and better things to come. The Delaware-based Corteva Agriscience won’t fully take to […] Read more


farmer in soybean fields

What are the “best of the best” doing?

Is your farm in the top of the field? If not, can you find a way to get there?

“The success of any farm enterprise, regardless of size, geography, or commodity is directly related to the farm business management skills and practices of the farm manager.” This is a quote from a session I attended at FarmTech, put on by Farm Management Canada. Farm Management Canada has gathered some very interesting information in an extensive cross-Canada survey focusing on best […] Read more



Life insurance statement

Three farm insurance Q and As

Life insurance and loan insurance is expensive. Get your money’s worth

There are always outstanding questions about how farmers can use insurance, either as part of a succession plan or just a part of doing business. Here are three questions and answers. Will my family have to pay taxes? When you die, will your family have to pay taxes on your assets, as well the proceeds […] Read more

Farm Financial Planner: Life insurance backs succession plan

A widow uses insurance products to assist her son and plan a legacy for her daughter

A couple we’ll call Martha, 60, and Max, 61, farmed in south central Manitoba for four decades. They grew an original 640 acres into 2,400 acres they own personally and through their corporation, and then added another 4,000 acres, which they rent. A son, Ernest, in his mid-30s, has been part of the operation for […] Read more


Farm Financial Planner: Purchasing the family farm

Three sons want to buy the family farm. Purchase costs could ruin the plan

A couple we’ll call Jack and Terri, both 63, have farmed in south central Manitoba for the last four decades. Their farm started with 320 acres; now it’s 600 acres of grain with modest profits. The problem? How Jack and Terri can migrate to retirement while accommodating their three sons’ wishes to follow Mom and […] Read more

A review of the market fundamentals

Back to basics — the rudiments, the essentials and the nitty gritty details of fundamentals

When talking about markets you always hear the terms technicals and fundamentals. “Technicals” refers primarily to the historical and present day charting information for a commodity. This includes examining all of the formations, trend lines, etc., to determine where futures prices are going. “Fundamentals” encompasses other aspects that can influence markets — such as politics, currencies, […] Read more