Farm families should talk about their accumulated wealth – by Terry Betker
I attended a high school class reunion a week ago. One of my classmates was pretty excited about recently winning $15,000 in a lottery draw and recounted how she had spent the surprise windfall. We all remembered another classmate who had won $1 million in a...
Don’t let go of your vision, remember that it got you here – by Terry Betker
I suggest to farming families that they take time to look back at where they were five or 10 years ago and then compare that to the current state of the farm and family. Recently, I had an interesting communication exchange with a younger farm couple. They have a...
It’s important to keep accurate track of grain inventory – by Terry Betker
It's important to keep accurate track of grain inventory I remember kicking through the snow in the middle of winter, trying to find some decent-sized stones to throw against a granary when trying to figure out how much grain was in it. It wasn’t an exact science....
Managing your farm through uncertainty – by Scott Kemp
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...
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...
