by BETTER FARMING STAFF
Farmers actively engaged in business management planning practices are seeing increased growth while farmers who do not plan have lower or declining incomes, according to a new study by Ipsos Reid.
The study was recently previewed at a meeting of the Agricultural Management Institute (AMI) which surveyed Ontario farmers on their farm business management practices and attitudes. The study included six focus groups and 20 in-depth interviews with farmers as well as telephone interviews with 500 farmers of various farm types across the province.
"This survey shows that there is a connection between farm business management planning and farm business growth," says Gerald Renkema,the newly elected Chair of the AMI. BF
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