Many farmers can openly admit to the lack of enthusiasm for bookkeeping, but without up-to-date records, how are decisions on your farm being made?
Farm business
Financial statements key component of farm’s report card
This powerful tool can provide producers with a solid, up-to-date understanding of their farm’s financial situation
Running a farm isn’t just what you do in the fields. A farmer also needs to have a solid, up-to-date understanding of their farm’s financial situation.
Farm family income gains driven by off-farm earnings: StatCan
Average income for families operating a single farm in Canada grew by 0.9 per cent to $216,021 in 2023 compared to 2021. However, this was driven by higher off-farm income.
The Good, Bad & Ugly
The Good: The wheat markets rallied today as a weaker U.S. dollar supported values in all three futures markets. There was also support from colder than normal weather forecast for parts of Ukraine and Russia next week. Winter wheat futures gained five to six cents per bushel in both Kansas City and Chicago markets. Spring wheat […] Read more
AM Market Report – January 29, 2026
GOOD MORNING…HERE IS YOUR MORNING MARKET NEWS OVERNIGHT GRAIN TRADE Grain market bulls are showing important follow-through buying strength this morning, suggesting the fledgling price uptrends on the daily bar charts can be extended. Traders are focused on South America’s crop weather and any new canola/soy export business from China. The US dollar s weakening […] Read more
Prairie Weather
There is some light snowfall indicated by radar in central Saskatchewan and northeastern areas of Alberta. A low pressure system is expected to push into the southern Prairies on Saturday, which will bring scattered, light precipitation to the region. Total amounts over the next five days will range from 5 to 15 mm with the […] Read more
The Good, Bad & Ugly
The Good: The canola futures market closed the day higher with nearby futures increasing by C$3.50 per tonne to settle at C$650.20 per tonne. The good news is that canola followed the vegetable oil complex higher with nearby soybean contracts up by eight cents per bushel. European rapeseed futures were up by 0.68 per cent, while […] Read more
AM Market Report – January 28, 2026
GOOD MORNING…HERE IS YOUR MORNING MARKET NEWS OVERNIGHT GRAIN TRADE ICE canola futures are trading $1 to $3/tonne higher so far this morning…advancing with higher US soy complex, world vegoil and energy markets. Chicago soybean futures are rallying 8 to 11 cents/bu higher this morning to a 4-week high, with the oil/meal products also higher. […] Read more
The Good, Bad & Ugly
The Good: Durum exports during week 24 were strong at 175,800 tonnes which pushed the total durum exports this crop year to 2.47 million tonnes. The durum exports were from both coasts with Vancouver terminals shipping 95,500 tonnes and St Lawrence terminals accounting for 56,300 tonnes. Primary terminals shipped 19,000 tonnes last week to U.S. destinations. […] Read more
AM Market Report – January 27, 2026
GOOD MORNING…HERE IS YOUR MORNING MARKET NEWS OVERNIGHT GRAIN TRADE ICE canola futures are rebounding $4/tonne higher this morning, recovering a good portion of Monday s declines on reports China may have already purchased as many as 10 cargoes of Canadian canola in the past week. Strength in the CBOT soy complex and energy markets […] Read more
