No two transition plans are the same – that is obvious to anyone who has done some reading on the subject or has partially or completely navigated through the process. However, there are commonalities found among lots of families and farms that manage through...
In my many years of work helping farm families to enhance their businesses, I often am asked questions such as, “How can I justify paying the currently high market prices for (insert agricultural asset here) to be able to grow or maintain my operations?” or “ How are...
Recently, the Canadian Agricultural Human Resource Council published their labour market forecast “Sowing Seeds of Change”. The report goes into detail on some of the workforce challenges our industry will face between now and 2030. Producers report that recruitment...
In a perfect world, Transition Planning is made easier because the process of transitioning management and ownership is already built into the long-term planning and management processes of a farm. However, most farms approach it like a task – a single event or point...
On Dec. 31, 2023, Terry Betker, founder of Backswath Management, stopped writing for The Western Producer after 13 years. The team at Backswath has big shoes to fill as we take over the reins from Terry. Our voices will be different than his, of course, but we look...
