Tag Archives: New Farmers

Things to Consider When Buying a Farm

farm-for-sale

When you are considering buying a farm, it’s important to be prepared for some of the hidden challenges that will come up. A lot of things will seem self-evident but here are a few things to consider that may not be:

A good Real-Estate agent will save you time and money

Farm properties are a unique category of real-estate. There are many complex aspects to purchasing a farm that is not involved in the urban real-estate market. Make sure your agent is knowledgeable in farm and rural issues. Getting a good agent in the mix will save you both time and money when you buy a farm.

Availability of local markets

Although you may not sell all of your main production at the local farmer’s market, these types of locations can add a lot of needed cash flow to the small farmer. Having one nearby will allow you to maintain cash flow throughout the year by marketing complimentary items. If you have some crops that appeal directly to end users, you can maximize your margins by selling directly at the market rather than to resellers.

Infrastructure on Property

What sorts of buildings and improvements are on the property? How many of them are useful to you in your farm business plan? Is there infrastructure or buildings that can be adapted to your needs if they don;t already match them currently? If the farm comes with equipment, or a stockpile of resources like hay or firewood you may be able to use them to increase your returns.

History of the land and site evaluation

What sorts of crops or livestock were raised on the property previously? Are there any parts of the property that have had different purposes in the past? The current owners may provide information, but consulting with the neighbors may also yield valuable insights about the farm you are buying.

Tax status & zoning

What will your property taxes be? If the land is zoned as farming, you will have to keep it in prodcution in order to keep the lower farm tax rate. If it’s not zoned for farming, you will have to inquire with the local zoning authority how to get the proper zoning approved.

Soil tests

Comprehensive soil tests and profiling will  help you prepare for the best crop choices for your new farm. If you are interested in organic production, it would be wise to test your soil for residues and other heavy metals that may inhibit your ability to grow organically. This can be expensive but worth the investment.

Access to Water

If you plan on buying a farm, this is by far the most important resource to consider before you buy a farm. Water rights law is very complex and making sure you understand your rights and usage is extremely critical.  Know if you rights are currently valid and active. What are the water sources on the property?  It is also important to know what year your rights date back to. Senior water rights always get the water first. Do you have ponds, creeks, or wells that you are legally able to irrigate from?  What is the drinking water source? If from a well, test your water for metals and other contaminants.

A little bit of planning while you are looking for your new farm property can save big headaches in the long-run. If you are starting or buying a farm, Canadian Grants Business Center can help you locate the funding to get your farm business going.

Start or expand your farming business now: the Canadian Grants Business Center can help.

Contact us Toll-Free at 1-888-231-0075 or Contact us now to find out more!

Women Farmers of Canada

over one-quarter (27.5%) of Canadian farmers are women
Over one-quarter of Canadian farmers are women.

Canada is the fifth largest agricultural exporter in the world and over one-quarter (27.5%) of Canadian farmers are women. Women are an important part of the workforce in Canada, and an increasingly important part of the Agricultural production of our country.

Across Canada farmers — a majority of whom are men — are getting older. The next generation of farmers is slowly taking over. We have seen a major increase in the number of women taking over family farms, and entering the field as new farmers.

Women can face unique challenges as a working farmer. Finding a balance between a farm career and family goals can be hard. The lack of female role models and rural child care can limit networking opportunities and career growth. Commodity boards and the agribusiness industry are staffed more often by men, and this can create an atmosphere of a “boys club”.

Having women in decision-making positions could have an impact beyond gender equity. Women want more information before making decisions and might take fewer risks in stressful situations. In a farm with partner operators and more collaborative decision-making, there’s  more opportunity for balancing year-to-year yields rather than extreme highs and lows based on the risks that male operators are taking. This can be a great thing for the viability and long-term sustainability of a farm.

An open minded approach and support for women in farming will be good for the Canadian Farming sector and the Country as a whole.

If you are a woman farmer or a woman looking to start or buy a farm, Canadian Grants Business Center can help. Find funding at:

http://www.canadiangrantsbusinesscenter.com/Funding-Finder.html

Or call us Toll-free at:

1-888-231-0075

Canadian Farming: The New Gold Rush?

Everyone needs to eat: This is the reason that we will always need farmers. In a world with a constantly increasing population, demand for food will continue to grow. Many countries are already having trouble meeting their existing population’s food demands with domestic production. This economic reality creates a unique opportunity for farmers in countries like Canada that have predictable climates, advanced techman on tractornology, vast amounts of farm land, and an entrepreneurial population.

Canada is already the 5th largest agricultural exporter in the world. 2.2 million Canadians work in the agriculture and agri-food sector, a sector that contributes over $100 billion annually to Canada’s gross domestic product (GDP). Canada is the largest exporter of maple syrup, flaxseed, canola, pulses (such as lentils), and durum wheat in the world. There are approximately 4 million beef cattle in Canada. In addition, roughly 26 million pigs are raised in Canada each year, making us the world’s third-largest exporter of pork products.

As a market leader, Canada is uniquely positioned to scale production smoothly in key areas, and to capture an increasingly important share of the global market in agricultural exports. If you are a Canadian farmer or starting a farm, you need to maximize your growth opportunities to take advantage of future market realities.

Many farmers need to look for outside investment to increase capacity and be prepared for the upcoming demand spike.

Please contact Canadian Grants Business Center for assistance in obtaining government funding to start or expand your farm business:

Visit : http://www.canadiangrantsbusinesscenter.com

Or call Toll-Free: 1-888-231-0075 for help during the business day.

 

5 Important Attributes of Successful Farmers

Successful farmers exhibit some common attributes, that you should try to emulate when you are trying to start a new farm, or become a better farmer. Here is a list of the attributes succesful farmers share, for you to consider:

LOVE OF FARMING

Farming as lifestyle and business can be a very rewarding, but not easy. Passion for the process and fruits of your labour will help you to focus on the good times, and carry you through the tough times. Focus your farm on a product you are passionate about. Money is a great motivator, but if it’s the only thing you are working for, your less likely to succeed. If you measure your success in personal satisfaction, you will find it in places others have failed.

CREATIVE SALES AND MARKETING

You can have the greatest product in the world, but if nobody knows about it, how can they buy it from you? Small and medium sized farms must sell a differentiated product, if they want to succeed. You will need to focus on a strong marketing effort that emphasizes the strengths of your product. Technology has made marketing much easier for small businesses, by putting people in touch with one another, near and far.

CREATIVITY, RESOURCEFULNESS AND FLEXIBILITY

Farming is not a one-size fits all type of business. There is no list of rules. Successful farmers use their ideas and hard work to adapt their farming operations to the markets needs. Adopting new technologies and systems can help producers work more efficiently.

DETERMINATION

Nature is fickle. Weather is unpredictable. Business is affected by many things beyond anyones control. Sometimes Things will happen that planning cannot help you avoid. Successful farmers accept what they cannot control and persevere.

PASSION FOR LEARNING

Successful farmers are always looking for new production methods, new marketing approaches and new technologies.Chances are other farmers have faced many of the challenges you are facing. They often come up with creative solutions. Talking to ither farmers can be a valuable source for information and ideas.

When you are ready to start or expand your farm, you will require funding. Let Canadian Grants Business Center help you access government funding programs to grow your farm and succeed. Find Funding at:

http://www.canadiangrantsbusinesscenter.com/Funding-Finder.html

Or Call Us Toll-Free at: 1-888-231-0075