GFM Network News


If you don’t calculate the potential profit from rental land, it’s easy to pay too much.

What the neighbours are paying doesn’t matter

Here are three ways to calculate fair rental rates — and none involves going to the coffee shop

Determining a fair rental rate isn’t easy, says provincial farm business management specialist Dean Dyck “Often, people use what others are charging or paying in the local area,” said Dyck. “Following this approach has pitfalls because the rate may not be reflective of the soil productivity on the farm or there may be a difference […] Read more