Blog
March 9, 2021
Farming is generally a capital intensive venture and if you have read some of the other blog posts, you’ll know my number one recommendation is sticking to a budget. There is a story behind that, a personal one. I farm without a line of credit. There is no operating loan, no credit card or demand […]
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Happy New Year, everyone! Welcome to 2021. This blog is almost a year old, that seems crazy! Looking back, it appears that those posts that involved detailed numbers are well-liked so to start the year off, I’m going to bring FIRE to the discussion. FIRE is not about literally burning anything. It is a personal […]
January 16, 2021
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November 4, 2020
A common requirement when working on financing is the statement of net worth which is also known as the balance sheet. In its simplest form, the balance sheet shows what assets you own compared to the debt you have. Being able to write out your statement of net worth is an important step in the […]
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Farming is a long-haul business. There is no “get-rich-quick” option. There are no guarantees and no fail-safe methods. I am a huge advocate for having a detailed business plan with full financials, following it and amending it as needed. However, there are always situations where you need to react and make a decision quickly. This […]
September 9, 2020
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June 16, 2020
It’s been a while. We had lambs, tax season got extended and now we’re onto first cut hay. It’s June and while it might be hard to believe, the first six months of 2020 are almost over. I know, it feels like just yesterday it was Christmas 2015… somehow 5 years have gone by since […]
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By now we know that the world as we know it has changed completely for the time being. For all intents and purposes, “normal” life has been cancelled for 2020. Even if social distancing, non-essential closures and travel restrictions are lifted by this summer, there will not be a rewind to business as usual. The […]
April 12, 2020
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March 26, 2020
I haven’t abandoned The Farming Frontier. Like all of you, life changed very quickly after my last blog. It keeps changing daily. I work from home for the time being. In light of the global pandemic of COVID-19 and the numerous states of emergencies across the country, I wanted to try and put together my […]
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When marketing sheep in Canada, farmers have three major routes; live auction, contract with an abattoir or direct marketing to consumers. The most common route is through a public live auction. The sheep are sold by the pound for what they weigh when they arrive at the sales barn. Sheep prices are seasonal and cyclical. […]
March 5, 2020
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February 8, 2020
Make your farm profitable, pay yourself and you can quit your off-farm job.
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If you are farm shopping, you should definitely look at the CALA loans. CALA stands for the Canadian Agricultural Loans Act. The program is a loan guarantee program by the Canadian federal government. Farmers can use these loans to establish, improve, and develop their farm business. The CALA loans are a great option if you […]
February 2, 2020
