Be ready to manage the ‘turn’ when the price spike ends – by Terry Betker
Be ready to manage the 'turn' when the price spike ends It’s bound to happen. Past experience indicates that it always has and, well, likely always will. It’s only a matter of time – being ‘when’ and not ‘if’. One thing we can’t know when it happens though, is how...
Factors to ponder when determining employee compensation – by Katelyn Duncan
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...
Regenerative agriculture: a marketing success story – by Katelyn Duncan
After attending the Saskatchewan Soils Conservation Association Soil Health Conference (SSCA) a few weeks ago, I was blown away by what appears to be a marketing success story. Regenerative agriculture and soil health in general are grasping interest not only from...
Emotional issues are make or break in farm transition – by Terry Betker
Emotional Issues are Make or Break in Farm Transition There are certain issues within the transition planning process that some families may find difficult. These issues may ultimately slow or stop the transition planning process altogether. Often referred to as...
Financial management competencies important concept – by Terry Betker
Advancing Financial Management Competencies This is a time of year when many farms focus on the financial aspects of their businesses. The focus can be very wide ranging from getting financial statements back from accountants, to preparing information to file tax...