GFM Network News


“We get into the habit of doing things because it’s the way it’s always been done, and with the industry changing so much, we can’t afford to do that anymore.” – Connie Adam

When times get tough, toughing it out may not be the answer

Some farmers are way more profitable than others — so do what they do, says farm finance expert

These are difficult days for farmers — but also a time to look at what you can do differently. “If you’re not a top performer, you’re likely not consistently profitable, you’re going to be susceptible to those market fluctuations, and you’re probably unable to consistently invest in your business,” said Connie Adam, associate partner at […] Read more



Numbers don’t lie — but can mislead if there’s not enough of them

When it comes to making decisions on the farm, the more data the better —
especially if that data comes from other farms

Did you know that there’s a direct correlation between the divorce rate in Maine and the per capita consumption of margarine in the States? It’s true. If you chart the data on a graph going back a decade or two, one line rises and falls with the other. That’s the problem with data like this […] Read more

A video on understanding production costs, along with an e-learning tool, can be found at www.agriculture.alberta.ca.

Profit from knowing your cost of production

A video and e-learning tool on Alberta Agriculture’s website 
will help you boost efficiency and profitability

Not knowing your cost of production has a large impact on profitability, says a provincial business expert. “Knowing how much it costs to raise, grow, produce, or process your product enables you to calculate the price you need to make a reasonable profit,” said new venture specialist Marissa Brewer. “Going from a base cost of […] Read more


New season of Cow-Calfenomics

Total of six seminars start Nov. 25 in Medicine Hat, conclude in Vermilion

Cow-Calfenomics is back and this year’s seminar theme is Seizing Opportunities in the Alberta Cow-Calf Sector. Topics include opportunities and threats in herd expansion; linking pasture systems to optimize performances and profitability; cost of bred heifers; managing prosperity; human resources strategies; and innovative business models. The first round of seminars will be held in November […] Read more