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THE ART OF THE RENTAL DEAL

Renting rather than purchasing land can be a smart short- and long-term farming strategy. While it makes especially good economic sense for young, cash-strapped farmers starting out, land prices in the $3,500 to $6,000 per acre range make renting a sound strategy for established farmers as well.

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TACTICAL TIPS

The tight farm financial picture that has evolved over the last three crop years has many farmers adjusting capital, operational and agronomic practices. The aim is to push up the profit margin while cutting costs. GrainsWest spoke with three agricultural advisors about such dollar-saving tactics.

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SKILLS FOR A NEW FARMING ERA

The agriculture industry faces pivotal challenges, and a new report from the Royal Bank of Canada (RBC) suggests action is needed. Farmer 4.0: How the coming skills revolution can transform agriculture, details the precarious situation Canadian agriculture finds itself in as it faces a labour shortage, shrinking profits and its slice of global export markets diminishes.

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WELL SPENT

With the explosion of craft brewing comes a food waste problem. Spent grain accounts for about 85 per cent of brewing byproduct. Big breweries generate thousands of tonnes daily that is sold or given away as animal feed. Craft breweries, especially those in urban areas, don’t produce enough to make its distribution as feed financially viable. They have little choice, but to dispose of it as compost.

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