Farm management scholarship available

Application deadline is Sept. 15

Reading Time: < 1 minute Applications are now being accepted for the Robert L. Ross Memorial Scholarship, which gives a Canadian farmer a chance to attend the Canadian Total Excellence in Agricultural Management (CTEAM) program. The program provides farmers the opportunity to learn detailed financial, marketing and human relations management skills, using their own operation as a case study. One […] Read more

Larry Martin.  Photo: Supplied

8 management practices of successful Canadian farmers

In our CTEAM program and other activities, we get to meet a range of Canadian farmers, and often we have the opportunity to assess their success both financially and personally, in terms of their ability to meet or exceed personal and family goals. Several characteristics of these successful people become obvious rather quickly. Not all[...]
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Farmer in wheat field

Opinion: ‘Rich’ farmers aren’t a bad thing

People may not appreciate how tough it is to build a farm business, 
but we should still celebrate those successes

Reading Time: 3 minutes It was just one line in a 25-page report, but it stood out: “It is a popular misconception that farmers are making a lot of money in agricultural enterprises.” As a journalist, I’ve never had to worry that people will think I’m wealthy. But, according to the report, the notion of “rich farmers” is widely held. And[...]
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When you dig down into the profitability of two seemingly identical farms, you often find one is much more profitable.

Run the numbers, compare performance, and make more money

AgriProfit$ allows you to dig deep into where you make money on your farm and where your performance is lagging

Reading Time: 2 minutes Time is running out if you want to enrol in AgriProfit$. Producers have until mid-January to sign up for the business analysis program, said Pauline Van Biert, a research analyst with Alberta Agriculture and Forestry. After providing their farm information, participants receive a detailed analysis that drills right down to their own cost of production[...]
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Agriculture risk management program approved

Reading Time: < 1 minute Alberta Advanced Education has granted its approval to Lethbridge College’s Agriculture Business Risk Management (AgBRM) certificate program. The program was launched a year ago, and those completing it were initially awarded a credential of academic achievement. The provincial certificate approval provides a variety of benefits, including making students eligible for student loans. The program was[...]
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Learn how to think lean, improve productivity

Workshop scheduled for Airdrie on Nov. 2

Reading Time: < 1 minute The province is hosting a ‘Productivity Improvement 101’ workshop in Airdrie on Nov. 2 on “lean thinking concepts for growers and small-scale processors marketing food direct to consumers.” The workshop will help businesses to apply lean thinking to add value, reduce waste, and improve profits. It will include information on change processes to increase efficiency;[...]
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Scholarships available for farm management program

Reading Time: < 1 minute Applications are being accepted for the Robert L. Ross Memorial Scholarship to attend the CTEAM program. CTEAM (short for Canadian Total Excellence in Agricultural Management and operated by Agri-Food Management Excellence) is Canada’s only national farm management learning program. During the program, farmers learn detailed financial, marketing and human relations management skills, using their own[...]
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farmer raising his arms in success

Study finds seven practices drive farm business success

Reading Time: < 1 minute Successful farmers in Canada use seven business management practices that set them apart, according to a newly released study commissioned by Agri-Food Management Institute and Farm Management Canada. The Dollars and Sense report listed the top seven practices that drive farm financial success: Never stop learning; Make business decisions using accurate financial data; Seek the[...]
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The decline in grain prices means more farmers — like these producers at an auction in Manitoba in 2014 — are buying used instead of new. Freeing up cash flow is critically in a commodity downturn, says financial expert Kim Gerencser.

Producers need to banish bad habits as margins become slimmer

Producers need to sock away some cash as we head into a downward cycle

Reading Time: 3 minutes In the tale of the ant and the grasshopper, only the forward-thinking ant survived — and the same may be true for Canadian farmers as they head into the next downward cycle. “This next business cycle could potentially do to grain farmers like BSE did to cattle operators,” said Kim Gerencser, president of Growing Farm[...]
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“A huge weight was lifted from our shoulders” when Rebecca Thistlethwaite and her husband decided to scale down their farm.

Running on empty? It’s time to set goals for your farm

Working 100 hours a week is ‘a recipe for burnout,’ says 
American farmer and author who found salvation in scaling back

Reading Time: 3 minutes It takes guts to be a farmer these days. “Farming is an extremely complex business to run, and it takes remarkable courage,” said author Rebecca Thistlethwaite, who farms in Oregon. “It demands an incredible well of passion, a willingness to learn, and ‘stick-to-it-tiveness’ to make it work.” But more and more, farmers are finding that[...]
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