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| Painter, Marvin J.. |
| This study assesses the reported farm income crisis in Canada and uses farm financial data to illustrate the importance and impact that management skills and practices have on farm income and net worth. For grain and oilseed farms, large farms produce higher revenues per hectare and achieve economies of scale on operating expenses, interest and depreciation, making them significantly more profitable than smaller or average sized farms. The higher profits associated with large farms are partly returns to good farm management. While farmland investment returns are competitive with stock and bond markets, grain and oilseed farm labour and management returns are not competitive with provincial average wages and salaries. On average, Canadian grain and oilseed... |
| Tipo: Article |
Palavras-chave: Canada; Skills; Farm incomes; Farm size; Farm Management. |
| Ano: 2007 |
URL: http://purl.umn.edu/122234 |
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| Painter, Marvin J.. |
| This study shows that for the period 1990–2007, international portfolio investment performance was significantly improved with the addition of Canadian farmland. Farmland in Canada is considered relatively low risk, enters the efficient portfolios at low risk levels and adds the most financial improvement to low and medium risk portfolios. Compared with T-bills and long bonds, farmland has higher risk and yield, but lower risk than stocks. Compared with stocks, farmland has income yields and risk that are similar to or better than dividend yields and risk on stocks while farmland has capital gain yields and risk that are usually lower, on average, than stocks. The low and negative correlation of farmland yields with stocks and bonds make it a good... |
| Tipo: Article |
Palavras-chave: Investment portfolio; Risk management; Diversification; Farmland; Canada; Farm Management. |
| Ano: 2010 |
URL: http://purl.umn.edu/120867 |
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| Painter, Marvin J.. |
| In 1996, Saskatchewan Wheat Pool embarked on a strategy for growth and diversification by significantly expanding its asset base. This expansion brought with it many new costs, especially new fixed costs such as interest and depreciation. They failed to achieve the new revenues needed to support the higher fixed costs and consequently, found themselves in financial distress. In 2000, Mayo Schmidt was brought in as CEO to turn the company back to profitability. His strategy was to sell off all non-core assets and focus on the core businesses that built the company; grain handling and supplying farm inputs. 2004 would be a crucial year for Saskatchewan Wheat Pool. |
| Tipo: Journal Article |
Palavras-chave: Publicly traded co-operative; Business strategy; Financial distress; Agribusiness; Crop Production/Industries. |
| Ano: 2004 |
URL: http://purl.umn.edu/8151 |
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