The Canadian Pork Council is exploring the feasibility of a hedging program to help hog producers manage price volatility and cash flow needs. Bev Shipley, MP for Lambton-Kent-Middlesex and chair of the Standing Committee on Agriculture and Agri-Food, announced federal funding of up to $169,530 for the project through the federal AgriRisk Initiatives program on... Read More
Category: Farm Management
There are seven common types of risks to your farm business. There's price risk, weather risk, production risk and more, but have you thought about opportunity disguised as risk? If you're comfortable playing the odds on big projects or plays, how do you find balance in other parts of your farm business? How do you... Read More
June 30 was a big day in 1867: the eve before the birth of this great nation. This year, nearly 150 years later, it marked the end of the trading month, the end of the trading quarter, the final day for Greece to accept new financial austerity measures or make a €1.6 Billion loan payment... Read More
Jeff and Ebony Prosko of Rose Valley were named Saskatchewan’s Outstanding Young Farmers for 2015 during the OYF luncheon at Canada’s Farm Progress Show in Regina on Friday. They operate a 4,500 acre grain and oilseed farm — part of a larger 15,000 acre family operation in northeast Saskatchewan. The Proskos also opened an ag... Read More
Mind Your Farm Business (MYFB) is a 12-part audio series exploring a wide-range of farm business management topics. Featuring thought-provoking leading experts in an engaging format, MYFB is brought to you by RBC Royal Bank. You can find the full series by tapping here. How many times have you let your gut make a big... Read More
The Canadian Sheep Federation (CSF) will combine sheep and lamb production assurance systems under the nationally recognized Food Safe Farm Practices (FSFP) thanks to nearly $350,000 in funding under the Agriculture and Agri-Food Canada’s AgriMarketing Program funded by Growing Forward 2. This support will allow the Canadian Sheep Federation to integrate the National Sheep Biosecurity... Read More
Mind Your Farm Business (MYFB) is a 12-part audio series exploring a wide-range of farm business management topics. Featuring thought-provoking leading experts in an engaging format, MYFB is brought to you by RBC Royal Bank. What's the plan for your farm? If that question seems far too large and long-term to answer effectively, you're exactly... Read More
RealAgriculture, the Canadian agriculture digital media leader, is launching a new audio series to assist producers in building their farm management skills. The 12-part series — Mind Your Farm Business — is sponsored by RBC Royal Bank, and new episodes will be released twice a month, beginning June 9th, 2015. Agriculture is not isolated from... Read More
Does farm size matter when it comes to managing interest rate hikes? It does, says Greg Pate, economic policy analyst with Ontario’s Ministry of Agriculture, Food and Rural Affairs, but not in the way you may think. Bernard Tobin spoke with Pate at a recent half-day farm finance conference held at Guelph, Ont., to talk... Read More
Statistics Canada shared its report on 2014 Canadian farm cash receipts last week. In laymen's terms, these numbers are an estimate of how Canadian farmers earned their income last year. (The cash receipt charts do not account for expenses or depreciation, so in no way do they reflect profit or net income.) Total farm cash... Read More