Understanding Farm Financial Management

Advancing Your Farm Financial Management

Durée du programme :

Un jour ou moins

 

Watch for upcoming dates scheduled in 2015

9:00 am to 3:30pm

 

Location: TBA (to be announced)

Venue: TBA 

 

Advancing Your Farm Financial Management is designed to help elevate basic knowledge in financial management to an intermediate level.  This is not an expert course.

 

Particpipants will experience lecture/instructional components as well as activites and exercises intended to increase knowledge and comfort with financial analysis on their own farm.

Programme :

1. How Can You Manage It If You Don't Measure It?

 

We will go over the importance of managing data, and go through a brief analysis of the participant's own farm financial situation.  Particpants will learn the impact that the most common financial metrics have on their business.

 

 

2. Why Financial Management is Critical to Defining and Achieving Your Goals, and How Your Future will be Shaped by Today’s Financial Management Decisions.

 

Here, we will look at your financial and business goals, conduct a SWOT analysis, recognize the "gap" between where we are and where we want to be, and consider options on how to proceed.

 

 

3. Risky Business: How to Identify & Mitigate the Risks That Can Derail Your Plans.

 

Particpants will identify the risks they face, initate a plan to manage those risks, and create an action item list to follow through on when back at their farm.

 

 

4. The Action Plan

 

The Action Plan brings all the components of the learning together.  The Action Plan will clearly outline goals, identify risks, and specify mitigating activities.  This will form the foundation of a personalized plan that is applicable in the real world which particpants can use week by week and month by month in their own operation.

 

 

Coût :

TBD

Program cost TBD

GST is applicable to the program price.

 

Fee covers tuition and presentation materials.

Lunch is included.

Public cible :

Advancing Your Farm Financial Management is a course designed to elevate the knowledge of particpants from "basic" to "intermediate."    This is not an expert course, so those will a high level of financial management knowledge and experience will not find benefit from attending.

By the same token, those who need entry level instruction on financial management will be overwhelmed by this curriculum.

Diplôme/Certificat :

Certificat

At the completion of this program, participants will receive a Certificate of Completion from the course facilitator.

Mode d'enseignement :

En Classe
Ateliers

Instruction is a fairly even mix of lecture and exercises.

Participants will need to do some pre-course work in advance in order to receive full beneift from attending.

Disponibilité du programme :

Le jour

Entreprises Agricoles:

Général

Sujets de formation :

Planification, stratégie et structure de l’entreprise
Gestion financière (incluant économie de production)

The agenda provides a fairly even mix of instruction/lecture and hands on exercises.  The exercises require particpants to use their own business financial information.  

 

NO PERSONAL FINANCIAL INFORMATION WILL BE SHARED INSIDE OR OUTSIDE OF THIS CLASS.

 

Participants will be required to do some course pre-work in advance of the course date.

Langue d'enseignement :

Anglais

Personne-contact :

306-533-5474
Kim Gerencser


Dernière mise à jour : 2015-05-01

Commodity Marketing

Commodity Marketing Plan

Durée du programme :

plus de 2 mois

This commodity marketing plan was developed specifically for the Farm Business Development Initiative but can be used independently.

 

The training will provide the farm manager with the skills necessary to:

  •  Develop a financial plan using actual costs/prices/yields
  •  Learn what factors affect each commodity market and how to use that information to make pricing decisions
  •  Assess financial risk and implement strategies to reduce exposure
  •  Develop an action plan and evaluation criteria

 

Programme :

The consulting takes approximately 3 months depending upon the availability of the farm manager.

 

  • Financial - week 1 - gather information required to analyze the farm's financial situation. Develop projections and identify benchmarks and risks.
  • Industry & Marketing Analysis - week 2 thru 6 - discuss what factors affect each commodity market and how to use that information to make pricing strategies/decisions. Identify where to gather market intelligence.
  • Production & Production Risk - week 7 - identify financial risks and develop strategies to reduce exposure including crop insurance, government programs and private insurers.
  • Risk Management Strategies - week 8 - identify the types of contracts to be used to price commodities and develop crop specific strategies.
  • Action Plan - week 9 - develop an action plan to identify targets, timetables and who is responsible for implementation and follow-up.
  • Evaluation - week 10 - identify what skills and strategies were expected and if any areas need improvement.

Coût :

$5000

Financial assistance may be available through the Farm Business Development Initiative.

Mode d'enseignement :

Par correspondance
Sur les lieux ou à la ferme

Disponibilité du programme :

Toute l'année

Entreprises Agricoles:

Cultures

Sujets de formation :

Marketing (incluant valeur ajoutée)

Langue d'enseignement :

Anglais

Personne-contact :

250-665-6635
Morley Wittman


Dernière mise à jour : 2014-05-01

TrendMax Agribusiness Group



Visitez notre site Internet

Personne-contact :
Morley Wittman

250-886-6323

Dernière mise à jour : 2014-05-01

AgExpert Software Training

Sylvia Bruce

PO Box 145
Moosomin SK S0G 3N0


Visitez notre site Internet

Durée du programme :

plus de 2 mois

Duration of training is dependant on the needs of the client to a maximum of 40 hours.  These 40 hours can be spread out over a period of 3 months.

Programme :

  • Discussion of filing and record keeping methods
  • Create a datafile based on setup information provided by client
  • Process withdrawal, deposit, payable, receivable and inventory transactions
  • Client will be trained in Payroll  if required in their business operation
  • Process reports required for filing of government required remissions such as GST and AgriStability
  • Reconciliations of bank, credit cards and loans

Review the reports that can be generated by AgExpert and discuss their importance and usefulness in the decision making process

Review year end process and functions to ensure that financial information presented for tax filing is accurate and complete

 

 

 

 

Coût :

40 hours training $3,000 or $80 / Hour (plus GST)

Mileage will be charged at .50 / km and accomodation and meal charges will be the responsibility of the client

Public cible :

Producers with a desire to develop bookkeeping skills necessary to operate a successful agriculture business

Mode d'enseignement :

Sur les lieux ou à la ferme

On-Site / On farm

Disponibilité du programme :

Le jour
Le week-end
Toute l'année

Entreprises Agricoles:

Bétail
Cultures
Général
Serres- Fruits et Légumes, Pépinières, Aménagement
Autres et Non Traditionnel
Autres Animaux

Sujets de formation :

Planification, stratégie et structure de l’entreprise
Gestion financière (incluant économie de production)

This course is designed to assist producers in developing record keeping skills that will enable them to make management decisions based on accurate and timely data.  Producers will become comfortable with the day to day duties of bookkeeping and gain an understanding of accrual and cash accounting.  The producer will learn what is necessary for GST, AgriStability and Tax Filing requirements.

Langue d'enseignement :

Anglais

Personne-contact :

306-435-3616
Sylvia Bruce


Dernière mise à jour : 2014-04-09

Agricultural Operator: Spraying and Scouting

Durée du programme :

une semaine à 2 mois

This program is 45 hours in length, six days of Face to face workshops and 9 hours on online synchronous workshops. The  face to face workshops are held in Yorkton, SK,  the online classes are available from any computer. 

Programme :

Contact us for the latest dates

Coût :

$1500

Public cible :

This program is for anyone who would like to work in the agricultural industry in western Canada. We assume that you have no or little farm knowledge coming into the program.

Diplôme/Certificat :

Autres

Participants receive a certificate of completion from Parkland College. Plans are in place to receive credit for this class in the future.

Mode d'enseignement :

Par Internet
Sur les lieux ou à la ferme

There are six days of hands on workshops on the farm and six 90 minute synchronous workshops online.

Disponibilité du programme :

Le jour

The workshops are offered "Just in Time" for the season, the spraying and scouting workshop will be held in early to mid June

Entreprises Agricoles:

Cultures

Sujets de formation :

Cultures

This program covers what a farmworker needs to know about spraying and scouting crops for disease, pests and weeds.

Langue d'enseignement :

Anglais

Personne-contact :

1866 7836766
306 786 2593
Visitez le site Internet du programme
Gwen Machnee, Coordinator University Programs and Applied Research


Dernière mise à jour : 2014-04-04

Agricultural Operator: Spraying and Scouting

Durée du programme :

une semaine à 2 mois

This program is 45 hours in length, six days of Face to face workshops and 9 hours on online synchronous workshops. The  face to face workshops are held in Yorkton, SK,  the online classes are available from any computer. 

Programme :

Contact us for the latest dates

Coût :

$1500

Public cible :

This program is for anyone who would like to work in the agricultural industry in western Canada. We assume that you have no or little farm knowledge coming into the program.

Diplôme/Certificat :

Autres

Participants receive a certificate of completion from Parkland College. Plans are in place to receive credit for this class in the future.

Mode d'enseignement :

Par Internet
Sur les lieux ou à la ferme

There are six days of hands on workshops on the farm and six 90 minute synchronous workshops online.

Disponibilité du programme :

Le jour

The workshops are offered "Just in Time" for the season, the spraying and scouting workshop will be held in early to mid June

Entreprises Agricoles:

Cultures

Sujets de formation :

Cultures

This program covers what a farmworker needs to know about spraying and scouting crops for disease, pests and weeds.

Langue d'enseignement :

Anglais

Personne-contact :

1866 7836766
306 786 2593
Visitez le site Internet du programme
Gwen Machnee, Coordinator University Programs and Applied Research


Dernière mise à jour : 2014-04-04

Agricultural Operator: Seeding

Durée du programme :

une semaine à 2 mois

This class is the first module of the Agricultural Operator program. It is designed for people with little or no prior agricultural knowledge. The course is very hands on and the majority of program time is spent in practicla workshops learning how to work as a farm hand at seeding time.

The program includes some safety instruction, information on working on prairie grain farms, tractor use and basic maintenence, air seeder use and basic maintenance, other associated seeding equipment use and basic maintenance. Students will also gain instruction and experience of using GIS systems in seeding. 

 

This course is ideal for someone new to agriculture who would like to work on a grain farm during seeding. 

 

The total duration of the course is 45 hours, 9 hours in online synchronous workshops and the rest on a working grain farm.

Programme :

There are a total of Six workshop days, comprising 12 half day workshops and six 90 minute online synchronous workshops. 

Coût :

$1500

Public cible :

People who have little or no agriculture background and people who would like to find employment in the Agiculture industry in Western Canada

Diplôme/Certificat :

Autres

Currently participants receive a certificate of completion, steps are being taken to have the program recongnized for credit

Mode d'enseignement :

Par Internet
Sur les lieux ou à la ferme

There are six days of on-farm workshops and 9 hours of synchronous online workshops

Disponibilité du programme :

À certaines périodes de l'année (selon la saison)

This program is offered as a Just  in time program and will be offered shortly before seeding each year,

Entreprises Agricoles:

Cultures

Sujets de formation :

Cultures

Seeding 

Workshops on:

Tractor and seeding equipment intro

Other associated seeding equipment

Transporting seed and fertilizer

Tractor and seeding equipment:2

Employer Expectations

Farm Records

Fertilizer and Fertility basics

GIS systems

Essential Knowledge for Farm Workers 1 & 2

Power and Mobile Equipment

GPS 1  7 2

Equipment Mainenance

Seed treatments and Innoculants

Preperation and intro to spraying including pre-seed burnoff

Langue d'enseignement :

Anglais

Personne-contact :

1 866 783 6766
306 786 6218
Visitez le site Internet du programme
Gwen Machnee, Coordinator University Programs and Applied Research


Dernière mise à jour : 2014-04-04

Agricultural Operator: Seeding

Durée du programme :

une semaine à 2 mois

This class is the first module of the Agricultural Operator program. It is designed for people with little or no prior agricultural knowledge. The course is very hands on and the majority of program time is spent in practicla workshops learning how to work as a farm hand at seeding time.

The program includes some safety instruction, information on working on prairie grain farms, tractor use and basic maintenence, air seeder use and basic maintenance, other associated seeding equipment use and basic maintenance. Students will also gain instruction and experience of using GIS systems in seeding. 

 

This course is ideal for someone new to agriculture who would like to work on a grain farm during seeding. 

 

The total duration of the course is 45 hours, 9 hours in online synchronous workshops and the rest on a working grain farm.

Programme :

There are a total of Six workshop days, comprising 12 half day workshops and six 90 minute online synchronous workshops. 

Coût :

$1500

Public cible :

People who have little or no agriculture background and people who would like to find employment in the Agiculture industry in Western Canada

Diplôme/Certificat :

Autres

Currently participants receive a certificate of completion, steps are being taken to have the program recongnized for credit

Mode d'enseignement :

Par Internet
Sur les lieux ou à la ferme

There are six days of on-farm workshops and 9 hours of synchronous online workshops

Disponibilité du programme :

À certaines périodes de l'année (selon la saison)

This program is offered as a Just  in time program and will be offered shortly before seeding each year,

Entreprises Agricoles:

Cultures

Sujets de formation :

Cultures

Seeding 

Workshops on:

Tractor and seeding equipment intro

Other associated seeding equipment

Transporting seed and fertilizer

Tractor and seeding equipment:2

Employer Expectations

Farm Records

Fertilizer and Fertility basics

GIS systems

Essential Knowledge for Farm Workers 1 & 2

Power and Mobile Equipment

GPS 1  7 2

Equipment Mainenance

Seed treatments and Innoculants

Preperation and intro to spraying including pre-seed burnoff

Langue d'enseignement :

Anglais

Personne-contact :

1 866 783 6766
306 786 6218
Visitez le site Internet du programme
Gwen Machnee, Coordinator University Programs and Applied Research


Dernière mise à jour : 2014-04-04

J-MAS Merchandising Course 2014-15

Crop Merchandising Course

Durée du programme :

une semaine à 2 mois
plus de 2 mois

                                                                                                                                              J-MAS Market Masters - Crop Merchandising Course 2014-15

The full J-MAS Merchandising Course consists of Eleven segments.  A minimum of Seven "core" segments must be completed in order to recieve Certificate of Completion.

The Full Course is recommended (price is the same either way) and as long as one Farm Operation Partner is registered in the course, any number of Employees may partake in any/all segments for free.  Employees will recieve a Certificate of Attendance for each segment they attended.

J-MAS will tailor agendas to each operations needs and is willing to allow almost any combination of Workshop/Farm sessions to ensure maximum benefit is attained.

Core Segments will require approximately 15 hours to complete.                                       Completeing All Segments will require approximately 25 hours.

Pending how farm operation chooses to proceed, the course may take a weekend (2-3 Farm Sessions) or as long as 4-5 months (8-10 bi-weekly Workshops).  More likely though, a combination of both over a 1-2 month period.    

Programme :

                                                                                                                                              Segment 1 (C) - Understanding Your Grain Market (1-2h)

Segment 2 (C) - Understanding "The Contract" (1-2h)  

Segment 3 (C) - Understanding Supply & Demand (2-3h)

Segment 4       - Understanding the Commodity Exchange (1-2h)

Segment 5 (C) - Understanding a Commodity Chart (2-3h)

Segment 6 (C) - Understanding Hedging Mechanisms (3h)     

Segment 7 (C) - Understanding Your Operation (1-3h)           

Segment 8       - Macro View of the Agricultural Landscape (1-2h)

Segment 9 (C) - Developing a Hedging Strategy (2-3h)           

Segment 10     - Advanced Hedging Strategies (2-4h)

Segment 11     - Developing a Marketing Plan

   (C) = core segment.  Required for Certificate of Completion.

Coût :

$2.50-$6.75 per Acre per Operation

                                                                                                                                          Pricing Range is basis:

- Number of Partners taking course (no minimum). Employees may partake in various segments free of charge.

- Workshop vs On-Farm Instruction.

- Sliding Scale based on Operation's Acreage.

Public cible :

The J-MAS Merchandising course is designed to enhance a full spectrum of marketing skill levels. 

The flexibility surrounding Core vs Non-Core segments and the ability to do any Workshop/Farm Sessions combination should allow a tailoring of the program to the needs of the farm operation.

Diplôme/Certificat :

Certificat

                                                                                                                                              A Certificate of Completion will be awarded to all Farm Operation Partners who have completed, at minimum, all seven core segments of the program.

A Certificate of Distinction will be awarded to all Farm Operation Partners who have completed all eleven segments of the program, including the development of their own unique marketing plan.

A Certificate of Attendance will be awarded to all Employees or Non-Partners who have completed at least one segment of the program and for each segment they attended.

Mode d'enseignement :

Sur les lieux ou à la ferme
Ateliers

                                                                                                                                            Instruction will be done classroom style in either a workshop or at-the-farm setting.  The farm operation will dictate how they would like to receive instruction within that framework.

Disponibilité du programme :

Le jour
En soirée
À certaines périodes de l'année (selon la saison)
Le week-end
Toute l'année

                                                                                                                                             The most likely window for course to run will be through the fall of 2014 and into 2015 before seeding, as most farm operation partners will not be available during the crop development months.

Entreprises Agricoles:

Cultures

Sujets de formation :

Planification, stratégie et structure de l’entreprise
Cultures
Gestion financière (incluant économie de production)
Marketing (incluant valeur ajoutée)

                                                                                                                                          Segment 1 - Understanding Your Grain Market (1-2h)                                                     Logistic, Transportation, Storage - Who incurs the costs?                                                        - From Bin to the Elevator, Elevator to Port, Port to End-User

Segment 2 - Understanding "The Contract (1-2h)                                                             Basis, FOB, Demurrage, Force Majeure - Who incurs the costs?                                               - Contract Law, Hedgeable vs Non-Hedgeable Commodities                                                 - Types of Contracts - Basis, Forward, Pooled

Segment 3 - Understanding Supply & Demand (2-3h)                                                      Supply & Demand Curves, Elasticity of Demand, of Supply                                                       - Export Pace, Domestic Use, StatsCanada, USDA                                                                 - Stocks to Use Ratio, Substitution Effect                                                                               - Understanding the End-User

Segment 4 - Understanding the Commodity Exchange (1-2h)                                          The Clearing House, Bid/Ask, Spreads - Who incurs the costs?                                                 - Hedging Mechanisms - First and Second Derivatives                                                           - Open Interest, Volume, Fund Ownership

Segment 5 - Understanding a Commodity Chart (2-3h)                                                    Support/Resistance - why Technicals are legitimate                                                                 - Trendlines, Fib Retracement, MA's & Other Instruments                                                      - Market Sentiment, Historical Pricing - Seasonalities

Segment 6 - Understanding Hedging Mechanisms (3h)                                                     Who is long and when?                                                                                                           - Innovative vs Perfect Hedging, Margin & Futures                                                                - Options - Call, Put, Strike Price                                                                                            - Option Strategies, Time Value - Alpha, Beta, Delta, Theta

Segment 7 - Understanding Your Operation (1-3h)                                                          Your own unique, operation specific metrics                                                                             - Cost of Production & Break Even                                                                                         - "The Firm" - Return on Investment Needs                                                                           - Local Area Averages - Who is your competitor?

Segment 8 - Macro View of the Agricultural Landscape (1-2h)                                        The Future of Land, Labour & Capital                         

Segment 9 - Developing a Hedging Strategy (2-3h)                                                         Putting it all together - a master plan vs a Flexible Template

Segment 10 - Advanced Hedging Strategies (2-4h)                                                          Sophisticated Hedging - A look to Wall Street   

Segment 11 - Developing a Marketing Plan (2-4h)                                                           Utilizing the highly-touted J-MAS Marketing Plan Template                                                        - "52 pages of Awesome."

Langue d'enseignement :

Anglais

Personne-contact :



Dernière mise à jour : 2014-04-02