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Farm Management Canada Provides Research Update - Dollars & Sense Study

Farm Management Canada Provides Research Update - Dollars & Sense Study April 26, 2021 08:00 ET | Source: Farm Management Canada Farm Management Canada Understanding the Drivers and Barriers to Adopting Farm Business Management Practices New report reveals the rate of adoption for the vast majority of business management practices has dropped significantly over the past five years OTTAWA, April 26, 2021 (GLOBE NEWSWIRE) An update to the ground-breaking 2015 study by Farm Management Canada reveals that the rate of adoption for the vast majority of business management practices has dropped significantly over the past five years, including those practices that were found to have the greatest impact on farm financial performance in 2015.

Transition plans help manage risk, offer peace of mind

  “It’s one thing to tell producers they need a transition plan and they need to start early to keep all options available,” said Greg Thomarat, manager of FCC advisory services. “But the biggest challenge is sometimes knowing where to start and who to turn to for the tools and resources to help develop a plan that’s right for you, your family and your business.”   It’s estimated that over the next 10 years, 75 per cent of farms will change hands, yet only eight per cent of farmers have a written transition plan, according to Farm Management Canada (FMC), which recently unveiled a website portal that connects farmers with tools, resources and experts to help them through various stages of farm transition, from assessing their situation to plan implementation and evaluation of progress.

The Sprout: Food banks ask for a seat at the emergency planning table

iPolitics By Kelsey Johnson. Published on Jan 11, 2021 10:22am Director Cathy Allison goes over a stocking schedule in the shelving room at the Markham Food Bank. Dec. 15, 2020 Good morning and welcome to the Sprout, where it’s National Milk Day and National Hot Toddy Day, so drink up! Also, if you’re looking to get rid of your needle-shedding Christmas tree, a local goat would likely be more than happy to “munch” it off your hands. Here’s today’s agriculture news. The Lead  As the Globe and Mail reports, food banks in Alberta are calling for legislative and regulatory changes that would treat food banks as an essential service during times of an emergency which advocates say they have been requesting for decades. Meanwhile, food banks in Ontario say the coronavirus pandemic has unveiled a patchwork approach that has created challenges for some organizations, particularly those located in smaller communities.

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