A farmer checking out his canola crop.

Tips for when crop profits appear elusive

Assess in-crop spending relative to the crop that is coming

Profits are going to be a challenge for canola if current prices persist. They are depressed in part because China, Canada’s largest canola seed market, isn’t buying. But most other crops aren’t looking much better. To improve profitability farmers can cut costs and/or increase production, says Manitoba Agriculture farm management specialist Roy Arnott. Both are

Profitability could be easier to achieve through organic: 2017 COP analysis

Per-acre profitability is markedly different compared to conventional, 
provincial estimates of production costs show

Organic farmers potentially have a shorter road to profitability than their conventional neighbours in 2017, according to provincial costs of production budgets released recently. The most promising crops between the two systems are radically different and there’s marked difference in per-acre profitability, according to numbers shared by a Manitoba Agriculture farm management specialist at an


Crop management decisions balance agronomics, economics

Crop management decisions balance agronomics, economics

Knowing your numbers is the foundation of good decision-making on your farm

What’s it cost to grow a bushel of wheat, canola, soybeans or corn on your operation? If you can’t answer that question, it’s going to be hard to make informed decisions about how to manage your fields. That’s because production, marketing and management starts with planning, and calculating the cost of production (COP) is the

MAFRD farm management specialist Roy Arnott spoke to a seminar on organic cost of production at Ag Days.

Organic producers could see net profit levels range from $100 to $300 per acre

Know your cost per bushel, not just per acre, says farm management specialist

Organic production is one way for small farmers to improve their viability, an analyst told a seminar at Manitoba Ag Days in Brandon. Roy Arnott, who does annual cost-of-production budgets for MAFRD, said the gross revenue over operating costs in conventional agriculture leaves a margin of 20 to 40 per cent. That margin is what

canola field

Land values may have peaked

Land prices could fall, but the only thing that really matters is if you can afford 
to make payments on what you’ve already bought

For years land prices and rents have only been doing one thing — climbing. But with the drop in commodity prices and changing markets, it seems that prices may have peaked. “I think we’re at the top of the cycle,” said Merle Good, a former tax specialist from Alberta Agriculture, and a speaker at Ag