Realized net income on farms across Canada decreased by 2.5 percent to $8.3 billion last year, according to Statistics Canada's annual farm income report published on Monday. The agency says rising depreciation charges and higher operating expenses offset a small increase in cash receipts, resulting in the first decline since 2013. Expenses rise by 2.5... Read More
Category: Farm Management
The joy of farming includes working from home — it's a short commute, sometimes there's a hot, mid-day meal (inexplicably referred to as dinner by many), and you get the chance to work with family, including many days being "bring your kids to work day." The trouble is, farms are also work sites, and dangerous... Read More
There are times of the year where hours of sleep are few and the days are long. As farmers and ranchers check on the livestock, plant the crop, and try to cover as many acres in a day as possible, sleep deprivation becomes a consequence of getting the job done. But not getting enough rest... Read More
The actual price of farm chemicals is often hidden from farmers using techniques like rebates, black box programs and price matching. That means Canadian farmers may be paying different prices to buy the exact same products. The lack of transparency in the ag chemicals market can add costs to an already expensive crop production essential.... Read More
Bayer has announced a $20,000 contribution to The Do More Agriculture Foundation — a not-for-profit organization launched this past winter to raise awareness and promote mental well-being among farmers in Canada. “We believe that through this partnership we can help increase awareness of mental health issues and break the stigma that currently exists in the... Read More
The agricultural industry is changing very quickly on many fronts. Whether it is risk management, human resources, or the latest in technology, farming is becoming more complex all of the time. With all the rapid change around us the one thing that seems to be consistent is the role that family plays in making up... Read More
Area One Farms, an investment firm that builds equity partnerships with Canadian farmers, has announced the launch of Area One Farms Fund IV and Fund V. The two funds will offer investors the "opportunity to invest in equity partnerships with Canadian farmers and farmland." According to a press release, Fund IV will offer Canadian institutional... Read More
We recently posted a new episode of our Mind Your Farm Business podcast that focuses on human resource management. In conversation with four farmers across Canada we dug deep into topics like recruiting talent and methods to retaining the top performers. Not only were the farmers from a diverse geographic region, but their strategies for... Read More
"Fair" must be one of the most commonly used words in the English language. It most certainly is one of the most dangerous. It gets used and thrown around with reckless abandon every day. Don't believe me? Here's are some examples: Farm succession: "Let's make sure we split up the farm so it's fair for... Read More
Which questions do you ask potential new hires? Where to you find your next star farm employee? Is the employee handbook up to date? If you laughed and thought, we don't even HAVE an employee handbook, this podcast episode is for you. In this Mind Your Farm Business episode, host Shaun Haney takes us on... Read More