A new report suggests Canadian farmers need to proactively focus on reducing the risks now covered by government-backed business risk management (BRM) programs — but will need supports to do so.
Tag Archives farm management
Editor’s Rant: Reward v. risk
Where’s the incentive for early adopters?
Save on your farm accounting fees
Farm Family Coach: Practical tips for farmers to make meetings with accountants more efficient and avoid unnecessary costs
Farmers can reduce their accounting bills by coming prepared, streamlining records and choosing the right accountant, farm family coach Alyssa Brown writes.
Focus on your family strengths to move forward
Seeds of Encouragement: The Appreciative Inquiry exercise can shed new light on the potential of your people
Elaine writes: What if you could break free from being stuck, by emphasizing the positive aspects of your farm family business? One of my core strengths, according to the Clifton StrengthsFinder quiz, is positivity. As a coach I often see the positive choices ahead and I hope this article by my coaching teammate Crisol Gonzalez […] 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
Claas upgrades its digital offering
The new Claas Connect is to be an all-in-one farm management platform
Glacier FarmMedia — Claas’ newly upgraded Claas Connect digital platform went live starting Oct. 1. Its expanded cloud-based features allow it to be a one-stop access point for all a producer’s precision farming and machinery management tools and resources. The new system consolidates all of Claas’ existing digital platforms in one location. “What we will […] Read more
How to clean up your conflict filter
Seeds of Encouragement: Shift out of an avoidance mindset and face conflicts for what they are
When the dust of harvest rolls and clogs up the efficiency of your combine filters, you don’t keep going — you stop and clean or replace the filter. If you spread your fingers open across your face, you are creating body language for the conflict filter clogging up the communication for your farm team. It’s […] Read more
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
Who is responsible for what on your farm?
Seeds of Encouragement: Collaboration, consultation, clarification help build better work cultures
If you’re gearing up for spring planting or tending to livestock, you know there are many daily tasks to complete, and your mind may be saying “The work on this farm is never done.” Many young farmers are keen to work hard to prove they are ready to become farm managers — but what tools […] Read more
How to have the conversation about prenups
Whatever the status of your relationship, the farm you share needs clarity
“So, you want to protect your farm in case of a divorce, understandably so! Can you do that with a prenup? Yes! If it’s valid and enforceable, and you include the right provisions, your farm can stay in your possession, even in the worst-case scenario of a divorce. Prenups can also supplement your estate planning […] Read more
Careful division of farm assets
Farm Financial Planner: For two brothers, the best way to manage risk and family is thoughtful planning and staying informed
In central Manitoba, two brothers we’ll call Sam and Fred, each in his 30s, inherited a successful third-generation farm with a notional value of $1 million and split fifty-fifty as a result of an estate freeze. Their parents took a $10-million slice of farm capital in preferred shares. Growth of farm value after the freeze […] Read more
Cyber-Savvy Farmer
