A recent survey suggested that 52% of family businesses don’t have a succession plans. Farms are family businesses — does that number sound about right to you? If so, there are thousands upon thousands of farms and farmers that are still dragging their feet on planning the long-term viability of their farm businesses. What will... Read More
Need an excuse to take a trip to a warmer place this winter? Can it be justified as a field trip for the farm? Cold temperatures might be a good enough reason to head south, and maybe it’s easy for him to say because he’s newly retired, but the former CEO of the Canadian International Grains... Read More
Is your farm in the realty business? Equity on most Canadian farms is generated in two ways — selling the proceeds from production and by owning property with increasing value. Speaking at the Agricultural Excellence Conference in Winnipeg last week, the head of Canada’s largest farmland investment company argued there are situations where farmers would benefit... Read More
Periods of conflict between family members will make or break a family farm. That’s why it’s important to address conflict like any other risk to a farm business, says a well-known farm family coach from Boissevain, Manitoba. Elaine Froese described the three C’s for managing conflict as part of her presentation at the Ag Excellence... Read More
It’s not often a farmer gets to show off — and explain — what’s happening in his wheat field on national television during primetime hours. Humphrey Banack of Round Hill, Alberta had the opportunity this fall when he hosted comedian Rick Mercer and his CBC camera crew for a day of combining wheat (if you... Read More
The outlook for grain and oilseed prices might not be as bad — and the cattle market’s trajectory not as good — as the general consensus, according to our guest on TWORA for November 19th, 2014 (click above to listen.) From the Ag Excellence Conference in Winnipeg, Kelvin Heppner chats with FCC chief economist JP Gervais... Read More