Reading Time: 2 minutes Nearly three decades ago, a study of farmers’ work priorities found — to no one’s surprise — that record-keeping ranked well behind field work; buying and selling machinery and crops; and equipment repair. Only 16 per cent hired outside help for record-keeping, 50 per cent did it themselves and 20 per cent named their spouse […] Read more
That work you hate pays very well
If you’re still running the farm on a cash basis, you’re tying one hand behind your back
Year-end values have a big impact on inventory
Breeding stock can have an especially big effect on the value of inventory
Reading Time: < 1 minute When it comes to doing an accrual, an Alberta Agriculture and Rural Development specialist says it’s important to remember that a change in value for an inventory item can have a dramatic effect in calculating the accrual adjustments. As an example, if you had 500 cows with a value of $2,000 each on Dec. 31, […] Read more
Cyber-Savvy Farmer
