Loading...
The Rural Voice, 1991-09, Page 36DECIDING ON ALTERNATIVES If your farming operation isn't giving you a satisfactory living, maybe it's time to make some decisions to change. You could get an off -farm job, grow an alternate crop, or, quit farming by Heather Linington Farm management is a large piece of my job as agricultural represen- tative. I work with farm families with a wide range of profitability -- every- thing from counselling those who have to leave the business, to those who are making so much profit they are look- ing at other investments and ways to minimize tax. What are the factors currently facing agriculture that are making it difficult to be successful doing the "same old thing?" The obvious answer as to why alternatives are necessary is because what we're currently doing hasn't been profitable enough to meet our goals. If we look at the Ontario Farm Management Analysis Project from 1989, it shows the trend for the past six years for the average net farm income based on information from: - swine farrow to finish — 90 farms - feedlot — 170 farms - cash crop — 54 farms - dairy — 501 farms There have been tremendous fluc- tuations in net farm income. How do you survive the big dips? For some, one of the alternatives might be to diversify with more than one source of income. When the bottom falls out of one commodity, there is something else to fall back on. The numbers in the analysis pro- ject represent only a part of Ontario farmers — and within each commod- ity, we examine the average. The project does separate out average as well as the top 1/3 based on net farm income. When you take the top 1/3 out and look at what the other 2/3 are making, the difference is fairly drastic. From net farm income, they need to pay principal, get their family living, and make capital purchases or improvements. For the two thirds of feedlot and cash crop operators, $8,571 or $5,917 isn't too large to cover all those things! According to an article in the Globe and Mail, December 19, 1990, the poverty line for a couple with two children in Ontario is $26,801. Those on farms don't need as much as our urban counterparts because we have housing and part of the heat, plus some vehicle expenses, and maybe some food covered from the farm - but it does give us something to think earning no income, it becomes only a place to work for no pay. How many people do you know who would go $400,000, $200,000, or just $100,000 into debt so they could have a job for no pay?" Duane Acker, of South Dakota State University, says the role of management in farming is the same as in any business — to put together resources to maximize income or satisfaction. If I asked you why we aren't Dairy Swine Feedlot Cash Crop Net Farm Income Average $46,980 $35,235 $31,097 $19,487 Top 1/3 Remaining 2/3 $85,020 $27,960 $70,564 $17,570 $75,524 $8,571 $49,022 $5,917 (from the Ontario Farm Management Analysis Project 1989) about. Ernie, of Dauphin, Manitoba, who found himself needing to make some decisions, says: "If the farm is not earning enough income to service debt, cover cash costs and living costs, something has to be done. When an individual is in a financial situation that is, at best, bleak, the best thing to do is sit down and consider the three "If the farm is earning no income, it becomes only a place to work for no pay." most important things in life. Write them down and see if the farm is one of them. If it isn't, there should be no doubt as to the result. If the farm is making enough money, what would you tell me? Possible answers are GATT, government, weather, sprays don't work, prices too low, interest too high, fertilizers going up, etc. It is hard to change some of these things because we don't have any control over them — but there are things that we have control over to minimize the risk associated with them. Eleanor Wood, a dairy farmer from Troy, is a graduate of the Dale Carnegie pro- gram and she is a firm believer in "If it is to be, it is up to me." This is true in that each of us controls our own des- tiny through choice. If I don't like something, I do have an option — to change. Change may not be easy in the short run, but if we want some- thing to happen, it can. What we're really talking about 32 THE RURAL VOICE