Business risk management programs available to farmers need to be reworked and improved, according to witnesses providing testimony to the House of Commons agriculture committee. In particular, the AgriStability program requires immediate improvements to protect farm incomes against recurring economic losses caused by rising operating costs, lower net returns and unexpected market disruptions that affect […] Read more
Tag Archives business risk management
BRM review advisory panel members appointed
The members of the external panel for Canada’s business risk management program review were announced today. The 11 experts are: Mark Brock, Grain Farmers of Ontario director and AgGrowth Coalition member Chris Simpson, Alberta beef producer and MNP accountant Mary Robinson, Prince Edward Island crop farmer and chair of the Canadian Agriculture Human Resource Council […] Read more
Ag ministers must decide on program review at meeting
Several Canadian farm organizations say they expect agriculture ministers will approve a review of business risk management programs at their annual meeting this week in St. John’s. Federal, provincial and territorial ministers are meeting July 20-21. Canada’s AgGrowth Coalition said a comprehensive policy review could be done over the next year, followed by another year […] Read more
Cattle risk management is a numbers game
Controlling losses | With small margins in the feedlot business, operators must closely monitor their operations
Knowing what he knows now, Greg Appleyard would have found someone to help with risk management 10 years ago. The former owner of Cattleland Feedyard at Strathmore, Alta., had to learn the hard way as he spent 20 years plotting a course through the vagaries of the beef and grain markets. “Eight years ago, if […] Read more
