Farms.com Home   News

Evaluating the Health of Your Farm Business

On a previous program, Rick Dehod, farm financial specialist with Alberta Agriculture and Forestry, discussed the importance of knowing if your farm is profitable or not, and some details to help in the evaluation. Today he takes a look at a couple of tools to help evaluate the financial status of the farm.

Interview with Rick Dehod (3:12 minutes) (1.46 Mb)

The Agricultural Business Analyzer and Simple Farm Ratio Analyzer can both we found on Alberta Agriculture’s website. For more information, go to www.agriculture.alberta.ca/farm-manager.

 
 
Source : Alberta Ag and Forestry

Trending Video

Iran War = “Trend is Your Friend” Short-Term BUT……

Video: Iran War = “Trend is Your Friend” Short-Term BUT……


Historically wars like the 2026 Iran war are bullish hard assets like grains, metals and energy! The funds are spooked and do not want to be short, but do they price in the news over time, similar to the Ukraine/Russian war that started on Feb. 24, 2022? A closure of the Strait of Hormuz is the key to the surge in crude oil, natural gas prices and fertilizer prices.  Grains are breaking out to new contract highs as a hedge against inflation.