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GROWING 21st CENTURY FARMERS: Q&A WITH MIKE BAKOS

GROWING 21st CENTURY FARMERS: Q&A WITH MIKE BAKOS

Q&A with Fanshawe's Agri-Business Management Graduate, Mike Bakos

By Cameron Kok,
Current Student, Bachelor of Commerce,
Fanshawe College

In September 2016, Fanshawe College launched the Agri-Business Management Graduate Certificate program at its Simcoe/Norfolk Regional Campus. This September, the program will also be delivered in London at the Western Fair District. We connected with a student from the first graduating Simcoe class, Mike Bakos, to get his perspective on the unique new program. 

About Mike:

Age: 25

Previous Post-Secondary Education: Honours Bachelor of Science & Bachelor of Education, Brock University

Family Farm: J&B Bakos Farms (and in partnership with The Growers Sweet Harvest Watermelons)
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Why did you decide to enroll Fanshawe’s Agri-Business Management program?

“I wanted to get more immersed in the farming community that we have in Norfolk County, and although I am a fourth-generation farmer and my family is fairly well known in the area, I wanted to get a deeper understanding of what is going on in my community, especially in the agricultural community, and what other opportunities are out there.”

What did you hope to get from the program?
As someone devoted to life-long learning, I decided to attend the program with the hopes of being able to bring some 21st century thinking and practical knowledge to my family’s farming operation. I assessed what improvements I wanted to focus on, and attended the program part-time as I was supply teaching part-time as well.”

Now that you’re a graduate, what are your future career plans?

“My intention for enrolling was to take my Family Farm to the “next level”. It would seem that farmers now have to wear even more “hats” as their business grows and expands. We now think about things like developing a brand and promoting our business. My intention is to grow my family business and make it even more viable. Due to programs like this, I can now make even more educated decisions when mapping out the future of my family farm.”

Is there anything unexpected that you got out of the program that will help you now that you’re a graduate?

“The program was an excellent networking opportunity for me, and allowed me to meet a ton of community leaders both in and out of the farming/Agri-related sectors. Because of my interest in getting more involved, I ended up being introduced to the Norfolk Agricultural Advisory board. I now sit on the board and really get a sense of what is going on in Norfolk.”

Learn more the program at fanshawec.ca/AGM1J (Simcoe) and fanshawec.ca/AGM2 (London)


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Will the 2025 USDA December Crop Report Be a Market Mover/Surprise?

Video: Will the 2025 USDA December Crop Report Be a Market Mover/Surprise?


Historically, the USDA December crop report is a non-event or another dud report as the USDA reserves any final supply changes to the final report in January of the following year in this case 2026. But after the longest U.S. government shutdown in history at 43 days and no October crop report will they provide more data/surprise and make an exception?
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The final Stats Canada production report was bearish canola and wheat projection a record crop in both (it adds to the global glut of supplies) and bullish local corn and soybean prices in Ontario/Quebec thanks to a drought. It will not help the fund flow short-term, the USDA may need to offset it?
A U.S. Fed interest rate cut of another 25-basis point next Wednesday (probability 87.1%) could help fund flow and sentiment in stock and ag commodities into year end.
More inflows into Bitcoin this past week saw prices rebound back above 90,000 with support at 82,000 and resistance at 96,000.
A V-shaped bottom in cattle suggest the lows are in after Mexico reported another new world screwworm case. Lower weights, seasonal demand and higher U.S. beef select/choice values with a continued closure of the Mexican border to cattle will result in a resumption of higher cattle futures into yearend.
Australia is expected to produce its 3rd largest wheat crop ever at 36 mmt adding to the global glut of supplies.
Reports of ASF in hogs in Spain the largest pork exporter in Europe could see the U.S. win more pork export business long-term.
If the rains verify into next week of 3-5 inches for Brazil it would go a long way to fixing the dry regions from the last 2-months, but the European weather model has been wrong for the past 2-months!
Natural gas futures are surging to the 3rd price count as frigid hold temps set in.
CDN $ is also surging to end the week on a very resilient economy and better employment numbers suggesting no interest rate cuts next week.
Finally, the CFTC report showed funds were net buyers of soybeans but sellers of corn, canola and wheat. In real time the funds have gone back to selling as they take some profits.