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 cost of production
Tracking cow-calf yardage can improve decision-making
The Beef Cattle Research Council has a calculator to help make the process easier
Shifts in the cash crop economics outlook for 2025
Farm Business Management: The bottom line is, be very cautious about your expenditures for this year
All told, be very cautious about your expenditures for this year. Try to save on expenses wherever you can. Be extra-careful about new capital expenditures such as machinery, buildings, land and major equipment.
Ratios help tell the financial story on beef farms
Costs of Production: Benchmarks provide evaluations of how costs relate to income
Beef operation ratios such as gross margin, gross income and contribution margin can help farmers evaluate their businesses
Chemical costs are down — but for how long?
A new report highlights price drops in agricultural chemicals, but rising raw material costs and market volatility could reverse the trend
As the agricultural landscape braces for uncertainty, securing supplies now could be a smart move for the season ahead.
Dollars from data
Improving the quality of the quantifying can help improve bottom lines, nutrient management, yields and decision-making
Unlocking the full strength of your data can turn small changes into bigger returns, and smart, localized insights can boost a farm’s bottom line, Brunel Sabourin of Antara Agronomy says. Sabourin was speaking to an audience of farmers and agronomists at St. Jean Farm Days, an agricultural event at St. Jean Baptiste, Man., about 60 […] Read more
Expect smaller margins for error in 2025
Unless you're growing pinto beans, sharpen your pencils when calculating costs of production
Glacier FarmMedia — As of this writing it’s four and a half months until Canadian farmers will plant their next crop and at least eight months before the next harvest. But as of the middle of December, potential profits from growing grains, oilseeds and pulses are looking grim in Western Canada. “Costs have come down […] Read more
Editor’s Rant: The price tag on progress
Points to ponder as a seed company announces a hybrid wheat breakthrough
All things considered, the announcement is more of a surprise than it should have been. Corteva Agriscience in mid-November said it’s made a “revolutionary breakthrough” with which it expects to produce hybrid hard red winter wheat for the North American market “as early as 2027” and add other hybrid wheats to the product line over […] Read more
Feeling the pinch
Uncertainty across commodity and input markets creates difficult choices for farmers
Farmers are facing a tight squeeze this fall. Commodity prices are low, and the lower input prices that they’re used to this time of year are not materializing. Keystone Agricultural Producers president Jill Verwey says it’s a tough time for growers. “Being able to make a profit this year is going to be pretty slim,” […] Read more
Challenges for 2024 cash crop economics
Cash flows must be managed carefully against rising costs and falling commodity prices
As we embark on a new production year, there are several new challenges. A recent Canadian Federation of Agriculture (CFA) report says “the cost of critical farm inputs such as fuel, fertilizer, feed, machinery, pesticides, land and labour has increased dramatically. “When coupled with high inflation, interest rates and a price on carbon for essential […] Read more
‘Cash is king:’ what does that really mean?
Among other meanings, it refers to the strength of your business' cash flow
We’ve all the heard the expression “Cash is king.” It’s a catchy phrase, but what does it really mean and how can we practically apply that concept on farms today? I submit what “cash is king” really means is to have money available to pay ongoing farm expenses such as crop inputs, wages, loan payments […] Read more
Cyber-Savvy Farmer
