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Off-farm investing: A long-term strategy

There are hundreds of ways to spend money on the farm, from investing in new technology to painting the shop. Farms are long-term businesses, and reinvesting profits keeps them productive. But off-farm investments are also important.

“Taking money out of a farm corporation and investing off-farm is a perfect strategy for building your farm transition plan,” says Lance Stockbrugger, CPA CA and a Saskatchewan farmer. Stockbrugger recommends taking a disciplined, long-term approach to off-farm investments.

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This Grain Bin Was SUPPOSED to Pay for Itself… Did It?

Video: This Grain Bin Was SUPPOSED to Pay for Itself… Did It?

Did this grain bin actually make money… or did it just feel like it did?

I break down the real cost, payback, and financial performance of a grain bin using actual 2025 corn prices, real payments, and real math. We walk through when the bin paid, when it didn’t, and why timing matters when storing grain.

This isn’t theory — this is a full-year look at cost of ownership, cost of carry, harvest pricing, and test weight, all laid out on the whiteboard so you can run the numbers for your own farm.