Terry Betker, CEO and president of Backswath Management Inc., advises farmers on managing interest rate risk.

Looking for a loan? Add in interest rate risk when deciding to borrow

With Canada enjoying some of the lowest borrowing costs on record, it might be time to consider that expansion, but how do you avoid the landmines if interest rate shifts appear on the horizon?

Working on your farm management skills is like exercising… it pays big benefits, but it’s easy to push it off for another day. Only one-third of producers use business advisers or risk management tools, and fewer still do HR, succession, or strategic planning. To help make your farm more profitable (and your life more enjoyable),



Farm debt seems manageable, FCC head says

The agency holds close to a third of all farm debt in Canada

National farm debt could reach as high as $100 billion once all the figures for 2016 are in, but Mike Hoffort, CEO of Farm Credit Canada, says farmers are generally in a good financial situation. “Canadian agriculture is strong and stable,” he told the annual meeting of the Canadian Federation of Agriculture. However, farmers need

Four common foreign exchange myths

Four common foreign exchange myths

Gwen Paddock, senior director, agriculture at RBC is a specialist in agribusiness. Since earning her B.Sc. with a major in agriculture economics she has been working with agriculture clients. A farmer at heart, Paddock was raised on a beef cow-calf farm outside Guelph, Ont.


Big data and agriculture markets: Part 3

Big data and agriculture markets: Part 3

Options-based strategies can help get more out of a chaotic market filled with randomness and unpredictability

The previous article in this three-part series addressed some of the main myths and misperceptions of commodity hedging. This final segment looks at some practical solutions for improving farm marketing and commodity revenue protection. In David Orrell’s book Apollo’s Arrow: The Science of Prediction and the Future of Everything, he writes about the unpredictability and

MGEX spring wheat weekly nearby (chart as of Nov. 2, 2016)

Spring wheat futures stuck in a rut

MGEX spring wheat futures are rangebound and going nowhere fast

The nearby MGEX spring wheat futures have been stuck in a US$.60-per-bushel trading range since July 2015. Prices have thus far been unable to exceed resistance in the US$5.42 area, as the selling overcomes the buying. Subsequently, the US$4.82 level is proving to be support, an area where the buying picks up and the market


Editorial: Of interest

Ordinarily there’s not much interesting about interest rates. If things are functioning as they should, most of us rarely think about them. Anyone who does bring them up soon finds it’s a surefire topic to make a dinner companion’s eyes glaze over. But when they do get interesting, it’s rarely a good news story. Just

Concept of making money agriculture

Grain profits tough to track

Although Viterra’s books are closed, its owner Glencore is publicly traded, giving the opportunity to gain some insight into the way the money flowed. Combing through them, ag economist Derek Brewin said he didn’t see irrefutable evidence of a windfall profit. But he also concedes he might have missed it. Despite marketing less grain in the