risk management tools Archives - Manitoba Co-operator

Trent Clark and wife Judy have had many discussions about succession with their three sons — both as a group and individually — so everyone can talk about their hopes and plans.

Start succession planning with a conversation — and then keep talking

Trent Clark has heard many succession ‘horror stories’ and is making sure  that everyone in his family is on the same page

By Alexis Kienlen May 17, 2017

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),

Hogs, Livestock

Pork industry wants next federal government to improve risk management

Manitoba pork producers are urged to speak to local election candidates  about their vision for the industry’s future

By Shannon VanRaes September 22, 2015

Canadians have heard all about the economy, and they’ve listened to announcements on terrorism and childcare — although not necessarily at the same time — but those on the campaign trail have said little about agriculture in the leadup to the federal election. Now, the Canadian Pork Council and its provincial counterpart are urging pork

While the farmer constituency may be small, CFA president Ron Bonnett says the economic activity it generates is over $106 billion each year.

Crops, Livestock

Federal election gaining attention with farm groups

Ag issues will be aired during a candidates’ debate set for Sept. 30

By Alex Binkley September 18, 2015

Clear trade rules, measures to manage financial risk and access to sufficient workers are key issues among farm organizations that have released their positions for the Oct. 19 federal election. The Canadian Federation of Agriculture, the Canadian Cattlemen’s Association, the Canadian Pork Council and Cereals Canada have all waded into the campaign with policy statements.

Local news

Farm management consultant stresses importance of past performance

Financial experts recommend ensuring 50 per cent of your upcoming year’s expenses  are available as cash or cash equivalent

By Jennifer Paige April 22, 2015

Understanding your farm’s historical performance is critical in developing a viable financial management plan, according to Peter Manness, farm management consultant with Meyers Norris Penny. Manness recently spoke to a group of producers at the Farm Outlook 2015 hosted by the Dauphin Agriculture Society about financial management in difficult times. “There are a lot of

Crops, Grain Markets

New professorship in agricultural risk management

March 25, 2013

Staff / Lysa Porth has been selected to head the new Guy Carpenter Professorship in Agriculture Risk Management and Insurance at the University of Manitoba’s Asper School of Business. The professorship was made possible through a gift of $750,000 from Guy Carpenter & Company, a global leader in risk management and reinsurance intermediary services. The

Cereals, Crops, Grain Markets, News, Oilseeds

Canola futures see downward price action

By Dwayne Klassen November 21, 2012

Canola futures on the ICE Canada platform experienced some weakness during the week ended November 9 with the bearishly construed USDA supply-demand balance tables for soybeans encouraging some of the downward price action. A larger-than-anticipated U.S. soyoil ending stocks estimate from the USDA added to the bearish sentiment in canola. The unloading of positions by

Cereals, Crops, Grain Markets, News

ICE predicts interest in futures contracts will pick up

By Dwayne Klassen November 15, 2012

The head of ICE Canada is optimistic interest will pick up in the 10-month-old milling wheat, durum and barley futures contracts. Open interest in all three commodities is confined to the two nearby months and trading volumes have been very low. “There have been discussions held with a subsection of the group who helped create

Cereals, Opinion

Why Keep Bashing The Board?

By John Morriss August 4, 2011

After decades of hard work, the Canadian Wheat Board’s opponents have finally won their battle. Normally, congratulations would be in order, but congratulations are deserved only by those who have courage of their convictions and are gracious in victory. We’re not seeing much of either. Instead, the winners of this debate are continuing to heap

News

BRM Review Progress Slow, Ministers Indicate

By Ron Friesen February 24, 2011

Progress toward developing a new set of farm support programs is slow and shows no signs of speeding up soon, judging from Canada’s agriculture ministers’ meeting Feb. 11. “There really seems to be a lack of progress going ahead,” said Ron Bonnett, Canadian Federation of Agriculture president, after ministers wrapped up their semiannual meeting in

Livestock

Vilsack Promises To Hear Concerns Of Dairy Farmers

By Andy Szal July 1, 2010

U. S. Agriculture Secretary Tom Vilsack told struggling U. S. dairy producers on June 25 the government is looking to expand marketing opportunities for the industry, which has seen its ranks nearly cut in half during the last decade. Vilsack, speaking at the third of five “town hall” events on anti-trust issues in agriculture that

Daily Network News

U.S. Supreme Court to hear Bayer’s bid to curb Roundup cases

Canada-China roundup: Producer groups applaud tariff relief; pork left out; mix of criticism and praise from Trump administration

Opinion: Is a closer trade relationship with China a security risk?

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