Seeds for Success: Enhancing Canada’s Farming Enterprises

The Conference Board of Canada, 61 pages, June 14, 2013
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The modern farming landscape is changing. This report considers the state of farming business in Canada, and how it can be improved to achieve greater economic and social value.

Document Highlights

Farming in Canada has deep roots and traditions, but the sector undergoes significant changes: the old ways of doing things are no longer guarantors of success. Seeds for Success: Enhancing Canada’s Farming Enterprises explores the modern realities of farming business, and how it can be bolstered to achieve even more of the economic and social value that consumers expect. The report reveals that Canada’s farming sector is increasingly dynamic, presenting new opportunities, as well as risks and challenges. Although farmers have long been skilled at managing the growth of crops and livestock, they must now also be increasingly skilled at managing their businesses. This report considers the farm management issues facing farming today.

Table of Contents

Executive Summary

Chapter 1—Introduction

  • Background and Purpose
  • Why This Work Is Important
  • Methodology

Chapter 2—Understanding Farming Enterprises

  • What Is a Farm?
  • Farming Enterprise Value
  • The Farming Business Continuum
  • Business Structures
  • Home on the Range
  • Conclusion

Chapter 3—Farm Financial Performance

  • Sector Profitability Dynamics
  • Profitability Dynamics Summary
  • Comparisons With Other Sectors

Chapter 4—Management for Farming Excellence

  • Strategic Priorities
  • Managing Capital
  • Managing Marketing
  • Managing People
  • Managing Relationships
  • Conclusion

Chapter 5—Conclusion

  • Reviewing the Findings
  • Strategies for Success

Appendix A—Quartile Analysis

Appendix B—Bibliography

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