Conflict in Ukraine has left the country’s farmers in a tight spot, as they’ve told agronomist Mike Lee. Lee, who grew up in the U.K. but has managed large farms in Ukraine and worked in Kazakhstan, Uzbekistan and Russia, traveled 5,000 km through Ukraine and Russia in late March, evaluating winter crops and talking to farmers. […] Read more
Crop tour in Russia, Ukraine finds mid-sized farms under pressure
Cash flow really is king when growing your farm
Tighter margins have upped the danger level for farms that have expanded or just getting started
Reading Time: 2 minutes Cash is the lifeblood of a business, but with so much emphasis on profitability, this can be easily overlooked, says Rick Dehod, farm financial specialist with Alberta Agriculture and Rural Development. “Of course, the bottom line is important, but poor cash flow management can drive a growing and/or profitable company out of business,” said Dehod. […] Read more
Avoid a cash crunch
Reading Time: < 1 minute Alberta Agriculture and Rural Development has an online cash flow analyzer. The analyzer is a spreadsheet that allocates an operation’s cash requirements throughout the year, allowing the user to create a cash flow budget, and identify those months with the largest draws. It can also be used to calculate demands on operating loan and the resulting […] Read more
Cyber-Savvy Farmer
