Agriculture News

Effective farm leadership starts with strong interpersonal skills

Published on 08.08.2019 by Richard Kamchen

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The agriculture community is increasingly recognizing human resources as a valuable management tool, making interpersonal skills and their evaluation a hot topic.

“What you’re finding on farms now is more people are paying attention to human resources,” says farm family transition coach and producer Elaine Froese.

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Splitting transition with non-farming kids

Published on 08.08.2019 by Matt McIntosh

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When transitioning families are contending with both farming and non-farming children, some financial advisers say smaller financial gifts given earlier in life can alleviate some concerns.

The concept has been called transformational wealth, and it’s designed to support non‑farming children in a way that makes sense for them.

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Strengthening farm revenues will improve agribusiness outlook

Published on 08.07.2019 by Martha Roberts

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FCC Ag Economics is doing a mid-year check-in on our January 2019 Outlooks. Throughout July and August, we’ll update our expectations about profitability across seven Canadian ag sectors (dairy, broilers, red meat, food processing, agribusiness, horticulture and grains, oilseeds and pulses). We’ll describe what’s happened in 2019 to-date and what you should monitor in the next six months.

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How to develop a successful farm vision

Published on 08.01.2019 by Trudy Kelly Forsythe

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Successful farmers know a farm vision provides focus and helps guide daily decisions. Creating the vision to propel a farm forward takes some time and thought, but experts say it’s well worth it. 

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Mid-year financial checkup is a good investment

Published on 08.01.2019 by Richard Kamchen

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At around the mid-point of the calendar year, some farmers may find it a good time to take stock of business operations.

Growing season business plans require checkups, which could be semi-annual, quarterly or even monthly meetings with management and staff, according to Mathieu Lipari, program manager with Farm Management Canada.

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Canada’s food processing outlook clouded by weather and geopolitical uncertainty

Published on 07.30.2019 by Martha Roberts

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FCC Ag Economics is doing a mid-year check-in on our January 2019 Outlooks. Throughout July and August, we’ll update our expectations about profitability across seven Canadian ag sectors (dairy, broilers, red meat, food processing, horticulture, agribusiness and grains, oilseeds and pulses). We’ll describe what’s happened in 2019 to-date and you should monitor in the next six months.

Our January forecast for varied food processing margins is holding up well.

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Should you get a second opinion on farm business decisions?

Published on 07.25.2019 by Richard Kamchen

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Seeking a second opinion can be a prudent on-farm decision-making measure, but beware being engulfed by a tidal wave of viewpoints.

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How to reduce energy consumption on the farm

Published on 07.25.2019 by Craig Lester

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Keeping energy consumption down on farming operations can be a tough task, but many operations find ways to improve, not only to help their operation, but also the environment and their bottom line.

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Top five ways farm CEOs can engage employees

Published on 07.18.2019 by Owen Roberts

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Employee engagement is critical for new farm CEOs’ leadership, as well as for more established farm CEOs to inject new life into their labour force.

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Put debt to work on the farm

Published on 07.18.2019 by Richard Kamchen

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Debt isn’t necessarily a bad word. In fact, experts say there are numerous reasons why your business may need it.

Debt is part of what’s necessary for a healthy, thriving industry, says Farm Credit Canada’s vice-president and chief agricultural economist J.P. Gervais.

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