Financial institutes are necessary partners in farming for farms to be successful. Like farming, financial institutes are also changing rapidly.
Many people spend the summer weekends at the lake and in Manitoba’s great parks; a hidden secret for most people in rest of the world, who seem to not know about them.
We all know people who live in rural Manitoba travel to visit family, friends, attend meetings, go grocery shopping and to participate in worship meetings.
When the previous government in power decided to dissolve the Canadian Wheat Board, which was the marketing our Canadian Wheat, there was about a billion dollars in assets.
Like every other property owner, we pay property taxes. As farmers, we like to see a return on our property to pay the taxes.
Last summer and this fall was one of the toughest, if not the toughest, that I can recall. It seemed the rain kept falling by a huge amount in a short period of time and for making hay this summer, this wasn’t good at all.
Like many cattle farmers we have a bull on our farm to breed the cows which do not get pregnant from artificial insemination (AI).
With the talk of a new recession, I dug a little deeper into our family history of dairy farming.
Like any other business you have to invest in your livelihood to stay afloat. Each fall, start thinking and discussing investments with the family for the next year.