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



Investing risk and skepticism

Guarding Wealth: Investing with skepticism, not a crystal ball, makes for healthy off-farm portfolios


Investing, in the broadest sense, is about predicting what will be valuable in future. A century and a half ago, railroads knit nations together. Then came airplanes. Along the way, the greatest empires of central Europe — Germany and Austria — perished, China sank and rose again to produce dollar billionaires faster than any other […] 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


Bags Of Money On A Canola Field

The case for making cash flow projections

Financial Planning: A cash flow projection is a versatile financial risk management tool

Preparing a cash flow projection as part of your annual farm budget process could provide a signal that changes are needed for the upcoming year. While it’s true farmers have no control over the weather or commodity markets, we do have control over most costs. With the exception of unpredictable pesticide decisions, annual expenses may […] Read more

spring wheat

My answer to “the question”

What Brian Wittal has been telling farmers the markets will do this year

This time of year the question I get asked the most from producers is “what are the markets going to do this coming year?” I suspect I might have a better chance of trying to explain the meaning of life than trying to accurately answer this loaded question, but I am not one to shy […] Read more


Finding value in the stock market

Finding value in the stock market

Guarding Wealth: With soaring pot and cryptocurrency stocks, it can be hard to find value in the market

It has seldom been tougher to make off-farm investments. Markets for stocks have been combed for good values and apparent bargains snapped up. The best index of just how picked over is the S&P 500 CAPE ratio, short for the Cyclically Adjusted Price Earnings ratio. It is at 32 as I write this column, up […] Read more

Life insurance: defining our terms

Financial Planning: Term life. Whole life. Define your problem to choose the best plan for your farm

Life insurance often gets a bad rap. You know the stereotype: pushy salesperson trying to get you to buy something you think you don’t want or need. But for farmers and farm families, life insurance can be important for short-term needs and long-terms goals. Let’s start with laying out the definitions: term life insurance versus […] Read more