There was a time when it was hard for farmers to access credit — so much so that it spurred the creation of a farm credit corporation, now known as Farm Credit Canada. Those old enough to remember FCC’s creation are also old enough to recount the hardship that was farming in the early 1980s.... Read More
Category: Farm Management
Yesterday, Ontario's legislature passed Bill 40 — Agriculture Insurance Act, 2015 — which will allow for more types of agricultural products to be covered by the province's production insurance program. Production insurance is part of the business risk management programs (RMP) designed to help farmers manage losses due to events beyond their control, such as... Read More
If you were impacted by extreme drought or moisture in 2014, there may be some good news coming your way, as the Government of Canada has finalized a list of regions eligible for tax deferral for 2014. The changes mean that eligible producers will be able to defer a portion of their income from sales... Read More
Cattle producers will have access to significantly higher borrowing limits under an enhanced Manitoba Livestock Associations Loan Guarantee (MLALG) program, according to Manitoba Agriculture, Food and Rural Development minster, Ron Kostyshyn. The borrowing limit for the MLALG program has increased to up to $8 million from $5 million for associations and up to $500,000 from... Read More
With all the excitement about data and new tools for recording farm production and operational activities, collecting the data is often the easy part. The challenge comes in turning the data and observations into simple, actionable information. Whether it's vehicle or equipment activity, irrigation tracking, soil test results, basic field records or the markets, the... Read More
The growing season is a busy one but once in a while some unexpected free time will bust its way into your itinerary. So what do you do? Like me, many of you likely struggle more with free time than with a full calendar of appointments or to do's. Here are some thoughts on some... Read More
Welcome to an occasional series here on Real Agriculture — where we ask three farmers or ranchers four questions about their business, production and next steps. This first column features three Ontario sheep producers (you'll have to ask them if they want to be called shepherds): Colleen Acres, of Maple Meadow Farms at Osgoode; Chris... Read More
Zero should be every farm's goal when it comes to number of injuries or accidents during seeding — how do you make that a reality? Tractors, trucks and seeding equipment across the country are starting to roll for #plant15, and with another busy season comes an elevated risk of injuries and fatalities on farms. Unfortunately,... Read More
Ontario farmers who are accessing or have plans to access Growing Forward 2 funding have a new list of rules to learn. Of particular note, says Margaret May, regional program lead with Ontario Soil and Crop Improvement Association (OSCIA), intake dates have changed, as have the rules surrounding invoice dates, to highlight just a few... Read More
Farmers and fishing businesses will save a projected $50 million in taxes over the next five years thanks to another increase to the Lifetime Capital Gains exemption announced in the federal budget this week. The exemption, which helps farmers reduce their tax burden when transferring ownership of farm assets, has been raised to $1 million... Read More