Farm Start Up

I've been trying to understand what if any programs there are for farm start up.

For example I would need help in the following areas

Bank business case

Understand government programs (if any) for new farmers

What is the current cost per acre of land. From what I've seen it can be from $6000 to $10000 per acre.

I'd also welcome any additional comments or suggestions about how best to do a start up of 100 acres or more.

Thanks in advance for your time.

▶ Reply to This

Replies to This Discussion

Permalink Reply by OntAG Admin on November 10, 2013 at 7:24am

Hi Chuck,

I would suggest visiting the local Farm Credit Canada office and asking about the Beginning Farmer programs.

Your business model and case will be very important - what type of farm you want to start.

Land is important but there are ways of working around ownership if you have a sound business plan....partner with existing older farmers with no clear family succession.

Good luck,

Farms.com Team

▶ Reply

Permalink Reply by Chuck Laing on November 10, 2013 at 11:56am

Hello

Yes I did call the Farm Credit Canada as a first step. They have told me they will send me a template for a business plan but as yet it's not shown up. So I've taken it upon myself to do my business plan. My next step is contacting a financial planning & consulting service to help with the plan, however this will cost a few bucks.

As for the farm I am looking to setup would be a cash crop farm. Simple to start with just growing corn, soy beans, and hay.

For the most part I can do the numbers on the purchase price for the land and machinery. Where I am struggling is on the cost for seed and then trying to work out what the yields might be on class 2 and class 3 land.

I do like the suggestion of partnering with an existing farmer, and will begin that search right away. This I think would be a great source!

Please keep giving advise and comments as I do appreciate them

Thanks

▶ Reply

▶ Reply to Discussion

RSS

Welcome to
Ontario Agriculture

Sign Up
or Sign In

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

Crop Report for the Period May 27 to June 2, 2025

Over the past week, seeding advanced considerably across the province and is now approaching the finish line. Seeding is 97 per cent complete, up from 88 per cent last week. This is similar to the five-year average of 95 per cent and 10-year average of 96 per cent. The southwest, west-central and northeast are the furthest advanced at 99 per cent complete. The northwest is 98 per cent complete, followed closely by the southeast and east-central regions both at 95 per cent complete. Provincially, seeding is complete or nearly complete for field peas, spring wheat, durum, barley, triticale, canola, lentils, mustard, flax and oats. Chickpeas, canary seed, soybeans and perennial forage are the furthest behind in seeding progress. Rainfall was minimal throughout the province with most areas not reporting any. The highest rainfall was reported in the Eldon area at 11 millimetres (mm), followed by the Reno and Medstead areas both at nine mm. The Meadow Lake area received eight mm. Top

Spotlight on Service Tech Solutions: Sydenstricker Nobbe Career Academy

Farm Equipment’s Managing Editor recently interviewed Brad Nobbe, Vice President of Learning & Precision Ag at Sydenstricker Nobbe Partners, to learn the latest about the company’s Career Academy. On May 23, Nobbe and the instructors hosted a graduation ceremony for 24 students who successfully completed the 9-month program, now in its third year.

Warburtons invests in Gate project

Warburtons is supporting the Gate project through a $650,000 investment

New report highlights Cdn. farmer sentiment on tariffs

More than 80 per cent of respondents indicate concern over trade barriers and tariffs

CLAAS FARMPOINT Expands Into North Dakota

OMAHA, Neb. — CLAAS FARMPOINT just opened its doors in North Dakota, expanding services and investing in the future of area farmers. The temporary Buffalo, N.D., location will ensure farmers have immediate access to equipment, service and support. Meanwhile, construction is underway on a permanent facility in the Jamestown area, as well as a second location in Devils Lake. The Devils Lake location is scheduled to open ahead of 2025 fall harvest season.

More…

Badges | Report an Issue | Terms of Service