Farmer walking toward combine.

Make sure your farm is competitive

Prairie farmers are going to have to stay on the ball to remain profitable in today’s markets

After some of my recent articles (see links at the right hand column of your screen) talking about what is happening around the world in primary agricultural production — which countries are leading the way and who we in Western Canada are going to have to compete against in the world markets — I have had […] Read more

Understanding feeder cattle risk: Pt. 2

Market Update with Jerry Klassen: You don’t want to be using marketing tools to lock in a loss

The feeder cattle market has experienced extreme volatility over the past three years. For this reason, I’ve been writing on managing financial risk for feeder cattle and particularly for backgrounding operations and cow calf producers. In the first column, I discussed the mechanics of hedging, explained historical basis levels and using these basis levels to […] Read more


Saskatchewan Farmland Prices.

90 years of Saskatchewan farmland prices

Saskatchewan land prices have been on the move since 1968. What’s next?

Readers have been asking for an update on farmland prices but I was having trouble accessing the required data. Thanks to Terry Bedard of Saskatchewan Agriculture for sending me recent average price data. This data is just for Saskatchewan. Alberta land prices are changed by many factors that are not related to what is grown […] Read more

Guarding Wealth: Changes ahead for 2017

Guarding Wealth: Changes ahead for 2017

Rising interest rates and the Trump Effect 
bring uncertainties in the New Year

If investing were easy, we’d all be rich. Today, capital markets have many new uncertainties. Top of the list: the Trump Effect. That is, what the new President may do after his inauguration on January 20. Also worrisome is where Europe is going if other members of the EU follow the United Kingdom out of […] Read more


one dollar banknote among wheat grains

World events will change prices

In the first of a two-part series, Brian Wittal looks at market forces

Looking out the window at -20 C and eight inches of snow I can hear that old proverb repeating in my head. “If you can’t say something nice, don’t say anything at all.” I am going to take some creative license with this saying and replace the word “nice” with the word “informative,” in hopes […] Read more

Successful woman handing out Canadian dollars. Female entrepreneur doing business in Canada. Giving or donating money. Female success in a multicultural society

Ready to share your wealth with employees?

An Employee Share Ownership Plan may be a good option for your farm

If you’ve had a tough year with poor crops and low prices and are feeling financially short, regardless of how it turned out, you’ll likely always need labour support to get the job done. One of the biggest fears of founders that I coach is the fact that they may lose loyal, hard-working employees after […] Read more


Magnifying glass on newspaper

Guarding Wealth: Canadian interest rates to rise

But don’t hold your breath — any big rate moves are at least 18 months ahead

To quote the most recent winner of the Nobel Prize for literature, Bob Dylan, “the times, they are a-changin’.” In capital markets, the U.S. Federal Reserve Board is likely to raise the interest rate it charges banks to borrow money overnight to maintain reserves — a key indicator for all other interest rates in the economy. This increase […] Read more

Farm Financial Planner: No heirs? That’s not a problem

A solution for retirement and a legacy for a Manitoba couple with no farm successor

In south central Manitoba, a couple we’ll call the Bretts have a 640-acre mixed farming operation. Jack and his wife, Martha, each 61, have a son, 30, with an off-farm job. Their son is not interested in taking over the family business. It’s inevitable that Jack and Martha will want to leave their farm. It […] Read more


Photo: Thinkstock

Green jobs eligible for wage subsidy

A new Career Focus Green Jobs program is offering wage subsidies to help employers with an environmental focus hire new graduates, a federal release says. The program targets small- and medium-sized businesses to help reduce the cost barriers of hiring new graduates by subsidizing their salary by 50 per cent to a maximum of $13,500 […] Read more

Changes coming to capital gains taxes

2017 federal tax rules changes are right around the corner. Are you prepared?

If you are a farm business owner considering a sale of capital assets such as land or quota in the next few years, there are some proposed tax changes coming into effect that you should know about today. Two changes have been approved as of the March 2016 federal budget announcement. These will take effect […] Read more