The Brussels Post, 1980-06-11, Page 1212 — THE BRUSSELS POST! JUNE 11, 1 .080
Farm Management
• Organizing: for
• tough: times
BY JACK HAGARTY automation.
I'll admit my office could 12. Consider high moisture
be better organized. In fact corn and cribbing to avoid
I've read many books on costs in drying.
managing time and keeping 13. Take a look at crop
records. But, step into my insurance as a means of
office and give me a brief ' reducing risks.
lecture on what I should do to 14. Market all 'ivestock at
improve my efficiency. I'll optimum weights.
• jump to my defence. And as 15, N o% he time to cull
I'm trying to usher you out below aN ,,e cows and
I'll rattle off a dozen reasons sows. Strive for more milk,
why your suggestions just mon., heef, and more pork
won't work. from less breeding females.
A lot of farm businesses 16. Look for bargains at
are under financial strain• auction sales on used equip-
I'm not going to give farmers ment.
my answers. But I'd like to 17. Minimize trips over the
share with you some field with tandem hitching if
thoughts developed by Sim- there is sufficient tractor
coe County farmers at a power.
recent meeting. The question Beginning farmers are -how should farmers react to especially hard hit. Most current high input costs and common mistakes of a young low product prices? farmer is that of attempting 1. Consider diversifying to start at the economic level farm operation. that Dad or the preceding
2. Cattle feeder should - farmer is leaving off: The consider...buying and sell right, to farm at the level of ing periodically throughout theperson one is succeeding the year to even out the
peaks and the valleys in the must be earned. The look of
market place, success proves nothing.
3. Budget all farm expend- The beginning farmer has
itures carefully and compare labour to sell, not equity.
to actual. Without a base of earned
4. Hold the line on buying equity, with more or less
large equipment and lease if unproved management skills
possible. and having never been under
5. Soil test and apply debt pressure, count on some
severe financial squeezes fertilizer accordingly.
6. If there is a problem, occurring during the first few
y with cash flow, seriously years. Lenders will not be
consider longer term financ- convinced that fresh paint or
a ing as a means of reducingir-conditioncd cabs arc a
annual commitment. must. Rather the statement
"more hours in the field on a 7. Bank managers should
counsel their farm clients moderately valued line of
more. Usc services of bank equipment will get the job
ogist. done" is more realistic. And agrol livestock enterprises pro- 8. When purchasing farm property, encourage owner duced in existing facilities
to carry mortgage. have no added (by cost of
9. Aim for peak efficiency new facility) interest cost.
in all aspects of the farm If you've read this far and
operation. not gone on to the "sports
10. Handle manure in the news", be proud of yourself.
best manner with' good stor- . Chances are you're willing to
age facilities and careful listen. Each farm needs to be
application. treated as an individual situ-
11. Labour might now be ation. There are no pat '
cheaper than some types of answers!
MORTGAG
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