April 13, 2021
Humans tend to be short-sighted creatures. Have you ever imagined what the world would look like if we had centuries to life, like the mythical beings in a novel? What would you change if a year because a month in the span of your life? Humans are incredibly short-sighted beings. There’s plenty of evidence of […]
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 […]
March 9, 2021
January 16, 2021
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 […]
If you farm livestock, record-keeping of animal performance is an important task. It’s the first step towards overall herd management. It’s hard to manage what you don’t know. For most livestock, there are also traceability requirements. Tracking your animals can be as complex as you want it to be. I will be omitting the exact […]
December 14, 2020
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 […]
Starting your own farm can daunting and also at times feel impossible if you are looking on Realtor.ca. Seeing the price tag of a farm can definitely make it feel like an overwhelming hurdle. If you have read several other posts here at The Farming Frontiers, you might know that I suggest considering starting a […]
October 15, 2020
September 9, 2020
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 […]
The largest variable expense on a farm is the feed costs. Typically feed costs are what will make or break your farm as they are the single biggest expenditure for most livestock operation. In an already strange year, complete with less than awesome weather patterns, feed costs are all over the map. Maintaining oversight and […]
August 3, 2020
July 19, 2020
It’s that time of year, haying season is in full swing with the second cut underway across most of Ontario and Quebec. If you are in the parts of eastern Canada that are in a drought (which is basically 80% of the entire region east of Manitoba), you’ve probably been eyeing up your hay stockpiles. […]
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 […]
June 16, 2020