Impact Farming

Impact Farming

Welcome to Impact Farming, a podcast show dedicated to helping Canadian farmers excel in the business of farming. Our goal at Impact Farming is to introduce our audience, Canadian Farmers, to the people and ideas that are going to make an impact on their farm business. Host Tracy Brunet chats with today’s most successful farm advisors and industry leaders to bring our audience the best and most important ideas. This show is designed to bring Canadian farmers impactful farm business information that can be consumed on the go.

Episodes

May 5, 2021

In this week’s episode, we speak to Patti Durand about advice for the second generation in this episode titled “I’ve Got My Foot In The Door… Now What?”

As a Farm Credit Canada Business Advisor for Transition, Patti works with many farm families to assist them in transferring the farm from the founders to the junior partners. In this work, they see many trends and patterns, and Patti is excited to join us this week to share some ac...

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In this week’s episode, we speak to Art Lange about “The Underlying Issues” regarding transition planning.

Are you ready for some real talk about why transition fails to get started? If so, you are in the right place.

More often than not, it’s not things like taxes and wills that cause the senior generation to stall and avoid the subject. It’s rarely that. It’s often all the stuff that we don’t want to talk about…”The Underlying ...

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In this week’s episode, Tracy speaks with Terry Betker about “Creating A Vision For Management,” as a critical part of the transition planning process.

Terry Betker is President & CEO of Backswath Management, and he has been helping farm families with transition planning for well over 20 years now. In this week’s episode, he joins Tracy on The Impact Farming Show to share a growing concern that he has for something that doesn’...

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In this week’s episode, Tracy speaks to Gerry Friesen about “When Conflict Happens”.

Conflicts and misunderstandings often exist in families and can be the family businesses’ greatest enemy if not handled correctly. Managing conflict is key to the survival of the business and family harmony.

In this episode, Tracy and Gerry speak about:

  • What conflict is and how not all conflict is actually bad. Conflict can be healthy.
  • Gerry share...
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    In this week’s episode, we are re-broadcasting a special show in which Tracy sits down with both Brent VanParys and Elaine Froese to discuss the tough questions on Farm Transitions. 

    In this episode, Tracy asks Brent and Elaine some of the toughest questions on farm transition:

  • Who gets the Farm?
  • What are farm participation policies?
  • Are you actually qualified to takeover the family farm?
  • Join us on this week's re-broadcast, as ...

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    In this week’s episode, Tracy speaks to Brent VanParys about “How To Transition Plan”.

    As farmers, we all know that we should have a transition plan in place; however, once we move past our fears and concerns for the majority, it’s still unclear how to proceed.

    So, how exactly does a farm family start, create, and implement a transition plan? If you have ever asked this question and found yourself wondering about the answer, this...

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    In this week’s episode, Tracy speaks to Elaine Froese about “The Role of a Farm Family Coach”.

    Have you ever heard the term coach and wonder just what exactly the benefits of hiring a coach are? If so, this episode is for you. Elaine Froese is known as “Canada’s Farm Whisper” and has worked as a farm family coach for decades.

    In today’s episode, Tracy and Elaine chat about:

  • What exactly a farm coach is and how they help farm fami...
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    In this week’s episode, we are recalling episode 54. Tracy sits down with Elaine Froese to discuss "Finding Fairness in Farm Transition".

    Elaine states how farm transitions needs to be a change in our language and our mindset. She relates the transition to a tsunami as there is procrastination, conflict and avoidance. Most often these conversations are avoided until absolutely necessary and Elaine is here to help guide us ...

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    In this week’s episode, Tracy speaks to Tom Field, Professor at The University Nebraska-Lincoln, about a paradigm-shifting concept called “Re-Imagine Going Back to The Farm”.

    Have you heard of the Engler Agribusiness Entrepreneurship Program? It is an innovative program at UNL that teaches agriculture students entrepreneurial skills and mindset. Through this program, many great entrepreneurs and businesses are born. In the end, ma...

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    In this week’s episode, we speak to Michael Langemeier, Purdue University Professor, about the “Feasibility of Going Back to The Farm”.

    In business, it is a commonplace activity to perform a feasibility study before buying or expanding a business to allow a family member to join. In today's interview, we discuss exactly that.

    While there are many ratios and calculations to perform to help answer this question, this episode lo...

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    In this week’s episode, we speak to Elaine Froese, Farm Family Coach, about “Family Roles on The Farm”.

    To be successful in a family business, defining each family member's roles and responsibilities is crucial in creating a culture of professionalism, personal responsibility, and accountability. While the principle is clear, the practice is sometimes harder to implement.

    In this week’s interview, Tracy and Elaine speak about...

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    In this week’s episode, Tracy speaks with three great guests about their upcoming virtual seminar titled “Managing Through The Storm”.

    Seminar Overview

    Managing the family business, as well as the family and business relationships can feel like navigating through a storm. If this describes how you feel at times, you’re not alone.

    Are you experiencing a strain on cash flow due to weather, lower commodity prices, feed shortages, trad...

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    In this week’s episode, we are joined once again by Heather Watson from Farm Management Canada to chat about their “Farm Transition Appreciation Day” and initiative recently launched.

    January 12, 2021, marked the inaugural Farm Transition Appreciation Day, which invites farmers to celebrate farm transition planning and take action. The goal of the day is to bring awareness to the importance of farm transition and to celebrate to pr...

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    In this week’s episode, Tracy speaks with Heather Watson from Farm Management Canada about their excellent new online tool called the “Farm Transition Guide”.

    Is transition planning on the horizon for your farm, but you are not sure where to start? Farm Management has you covered with their new website dedicated 100% to all things farm transition planning. 

    In this episode, we are excited to chat with Heather and promote their ne...

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    In this week’s episode, Tracy speaks with Justin Chaput in this episode titled “What Your Accountant Wants You To Know”.

    When you are about to make that next big business decision on the farm, are you often left wondering whose advice you should seek? Your accountant should be your first point of call. 

    While many people often underutilize their accountants, it is important to remember they have a wide range of experience and ski...

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    Bookkeeping is essential for helping you maintain accurate financial records. Yet still, many farm businesses fail to implement this necessary process. Besides the fact you are required under law to maintain accurate books and records, doing so will save you frustration later on.

    In fact, “poor accounting” is one of the top reasons businesses fail. Without bookkeeping or accounting, you are blindly driving your business.

    Still not ...

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    “If you do not know where you are going, any road will take you there.” This quote is a great way to lead into today's episode about strategic planning for the farm. Are you familiar with the term strategic planning? Are you wondering what it is all about? Or maybe you are new to the term, and you are currently looking to improve the operational efficiency and profitability of the farm. If so, this episode is for you!

    In this e...

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    In this week’s episode, we will be broadcasting a special feature in place of our regular weekly episode. We look forward to bringing you another year of Impact Farming Show episodes starting on Wednesday, January 6th.

    This past fall, Tracy was honored to moderate a panel for the North American Ag Roundtable. This panel was focused on the people of agriculture and aptly titled “The Future of Agriculture & the People Who Keep it...

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    There are several types of planning in farm business management, and many of these planning processes are well known. They are production planning, financial planning, tax planning, estate planning, transition planning, etc. This week, Tracy speaks with Tom about a critical planning process that does not receive enough attention when it comes to setting our farm business up for success. This process is called contingency planning, ...

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    We all know that farmers are masters of getting sh!t done; however, energy management is key to sustaining what we do as farmers, and we wanted to bring Michelle on to speak about some of her key takeaways from this book.

    Here is a highlight from the book’s preface:

    In The Success-Energy Equation, she shows you how, by using the wisdom of science and your innate common sense, you can combat 21st-and-a-quarter-century stress and tap...

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