This article was pulled from Glacier Farm Media.
All year, Country Guide has published content highlighting the conversations that drive farm families, their businesses and the industry forward. Here are the top 10 stories that caught the attention of readers in 2024.
1. Numbers toolkit
Designed with all agricultural sectors and all business sizes in mind, the worksheets, checklists and flowcharts included in this free toolkit will help users:
Understand some of the key components of farm business financial planning, profitability and debt management.
Discover and improve the factors that drive efficiency, positive cash flow and financial risk.
Be better prepared for business development, growth, sale or transfer of the business.
2. When she’ll be the leader
The dad-daughter relationship is emerging as one of agriculture’s greatest strengths. Country Guide spoke with two young Manitoban women about how they’re harnessing the power of this dynamic to grow their farms.
3. Manitoba couple reinvents their farm
What does it take to survive when you run into a production problem so serious it threatens your whole farm? The Hoffords were about to find out.
4. Discovering ways that your farm can do more
The value-added journey can look like a fast track to success. But as roads go, it may not be so straight or level. CG spoke with Broken Tine Orchard about their journey and advice for others
5. Long-distance farming
CG spoke with two farmers expanding their operations across provincial borders and hundreds of kilometres away.
6. The uneasy middle
Canada’s mid-size farms are under pressure. But don’t write them off quite so fast — at least not all of them.
7. Seven trends in agriculture for 2024.
While this list was written for 2024, it’s still highly relevant for the New Year. Skyrocketing input costs, labour shortages, climate change … Farmers around the world are facing threats to their ability to grow more food, which means farmers everywhere are looking for opportunities to improve production, preserve profits and protect the environment. What does it all mean for Canadian farmers? Well, it might mean they should consider jumping on board with these fast-growing trends.
8. In search of bargain farmland
Are there still any great deals on Canadian farmland? Where are they, and what’s the catch?
9. Choosing who gets to rent your farmland
Farmers are learning that to gain a competitive edge as a renter of choice, money is just part of what it takes to succeed.
10. Where will land prices be in 10 years?
Insider predictions on what to expect from land prices in the next decade.
PS:
Feeling overwhelmed with all the farm succession planning content out there? We’ve made a top 10 list just for you! Top 10 Considerations to Successfully Navigate Farm Succession Planning.
Ready to get a handle on the value of your farm? Contact farms@swiappraisals.com or call 519-763-5956 to discuss!
Want to skip the back and forth? Request your farm appraisal directly: Request Farm Appraisal.
DISCLAIMER: The predictions of farmland values for the upcoming year presented in this newsletter are solely the opinions of S.W. Irvine & Associates. These opinions are for general information purposes only and should be regarded as such. They are based on our analysis of current market trends and historical data, but they do not constitute guarantees of future performance. S.W. Irvine & Associates, is not legally bound by these opinions, and they should not be used as the sole basis for any financial decisions.
For individuals or entities with a more vested interest in the precise value of specific properties, S.W. Irvine & Associates offers professional appraisal services. Our team of experts can provide a detailed, property-specific analysis to help you make informed decisions. For more information please contact us at farms@swiappraisals.com | 519-763-5956 or submit your appraisal request here.
Comments