October 11, 2017
Ontario farmers who are thinking about growing a non-traditional crop have a valuable new tool to assess whether it’s a profitable idea. Making a Case for Growing New Crops is an online learning resource recently developed by the Agri-Food Management Institute (AMI) to help farmers engage in business planning before planting.
The resource was developed in partnership with OAFT member Ontario Federation of Agriculture (OFA), who surveyed members earlier this year to gauge interest in growing new crops, as well as the best method of delivering information.
Making a Case for Growing New Crops – the new free online resource available in the Resources for Farmers section of www.takeanewapproach.ca features five interactive modules that users work through on their own schedule to develop a business case for diversifying their farm. Through a series of videos and worksheets, users can determine whether the crop is an agronomic fit, identify customers and markets, analyze their cost of production and develop a budget. In the end, they will have a personalized and confidential report that includes a business model canvas (a one-page visual business plan) as well as an action plan to share with their team and use to communicate with their advisors and lenders.