What You Should Know Before You Buy or Rent Farmland PLUS How to Increase Profits Without Increasing Farm Size - Kingston

Event Details

Time: December 2, 2014 from 9am to 3:30pm
Location: Days Inn & Conference Centre
Street: 33 Benson St.
City/Town: Kingston
Website or Map: http://www.cvent.com/events/a…
Event Type: fcc, learning
Organized By: Farm Credit Canada
Latest Activity: Nov 24, 2014

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Event Description

What You Should Know Before You Buy or Rent Farmland
Acquiring farmland is a complicated decision. You’ll get answers to common questions and be confident you’re getting the right land the right way, at the right time and for the right reasons.

Benefits of attending
- discover whether you should buy or rent
- learn about the different costs of owning and renting
- understand financing options and how interest rates affect payments
- gain insight into the tax implications of buying farmland
- identify practical considerations that will impact your decision
- understand why it matters whose name you put on the title

How to Increase Profits Without Increasing Farm Size
Today's moderate-sized farms can be very profitable. Land and quota are big investments, so finding ways to add profitability to your existing production base becomes increasingly important.

Benefits of attending
- understand how cost of production relates to profitability
- explore strategies for optimizing yield
- gain insight into cost control options
- discover the benefits of different farm structures
- learn how family dynamics can impact efficiency
- explore examples of agricultural activities that can add profit

Lunch is being served.

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Agriculture Headlines from Farms.com Canada East News - click on title for full story

Depopulation could destabilize food systems

It’s difficult to argue that climate change isn’t the most pressing threat to our agri-food sector. Farmers, processors, distributors, retailers and transporters have all been forced to adapt in real time to extreme weather events, shifting growing seasons and volatile conditions. From droughts to floods to wildfires, climate change has tested the resilience of every link in the food supply chain. Yet, for all the challenges the sector has faced – and will continue to face – due to climate pressures, it has managed to cope reasonably well. Investments in technology, new crop varieties, smarter logistics and infrastructure upgrades have helped absorb many of the shocks. But there is another looming threat – quieter, slower, and far more difficult to reverse – that few in the industry appear prepared for: depopulation. At its core, the food industry is built on one assumption: that there will always be more mouths to feed. Growth in population has long been a proxy for market growth.

Labour shortages create dragnet for agri-food

Canadian agriculture and agri-food consistently punch above their weight. Agriculture and agri-food contribute $111 billion per year – more than $30 million per day – to the Canadian economy, or over six per cent of our GDP. However, there are still more than 16,000 job vacancies on Canadian farms, and this labour crisis is resulting in avoidable financial strain. With that considered, you would think that smoothing out the regulatory red tape – especially on access to labour for farmers – should be highest priority for federal and provincial governments when the shortage is both critical and chronic, proven with many years of data and evidence. When COVID-19 challenged supply chains, action was taken to secure our food supply, but this level of urgency and priority for the sector appears to have come to an end. Producers and workers need new solutions Agriculture is theoretically prioritized in the immigration regulations, but it continues to be squeezed by on all sides. Agriculture

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