Managing Your Farm Through Uncertainty When I talk to cattle producers, the main words I hear are “prices” and uncertainty” Prices are going up – land, feed, equipment, but uncertainty around the world and rising financial pressures in Canada are creating a lot of...
A common theme among farmers is the collective industry-wide struggle to hire good employees. The struggle often focuses on the question of how much to pay them. Three considerations when negotiating employee wages are: quantity (market supply and demand) quality...
How strategic management can help weather the storm Most non- farm businesses have a multitude of standard operating procedures. New employees are handed an orientation manual with set vacation days, and management plans and executes a strategic direction for the...