Evan Shout, CPA, CA @EvanShout Twitter profile

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Evan Shout, CPA, CA

@EvanShout

6 years

Disappointed that Canadian agriculture sees an increase in the CCGA advance as a positive. More debt is not a political fix when the repayment will be with $9.00 canola. This is first grade math and economics. This is less than a band-aid, its a piece of scotch tape.

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Evan Shout, CPA, CA

@EvanShout

4 years

Many agriculture advisors can tell you what you are doing wrong; not many can provide solutions on how to do it right. Be careful that you know the difference.

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Evan Shout, CPA, CA

@EvanShout

1 year

I love my sons, but our life is different. Part therapy, part hope that I can be helpful to others, my new blog walks you through what it’s like day-to-day in my life as a parent of two boys with autism. #autismparent #autismawareness

Introduction « Evan Shout

Autism is not a word that I ever thought I would use this often in my life. Growing up I was not comfortable being uncomfortable. It’s not something I am proud of, but I was not the person who...

evanshout.com

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Evan Shout, CPA, CA

@EvanShout

2 months

Rail Strike opinion - in all the yelling into twitter don’t forget to plan for the worst. Conserve cash, extend credit, bulge operating line, speed up delivery and sales, push off capital for now. We often spend too much time on here, not enough in our own offices.

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Evan Shout, CPA, CA

@EvanShout

5 years

Warren Buffett quote - “It’s only when the tide goes out that you discover who's been swimming naked”. I hope a lot of Western Canadian agriculture is not naked after this snowfall.

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Evan Shout, CPA, CA

@EvanShout

2 months

Announcement - The Truth About Ag Podcast @Maverick_Ag @Farmer_Coach @KristjanHebert has joined forces with the @realagriculture media network and @shaunhaney to bring producers more great content around the industry as well as those that play in the dirt everyday. Let’s do this

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Evan Shout, CPA, CA

@EvanShout

5 years

Maverick Ag location and HGV secondary location officially open downtown Saskatoon. Agriculture risk management planning to recover from 2019 into the 2020 crop year starts now.

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Evan Shout, CPA, CA

@EvanShout

17 days

Early morning with The Truth About Ag podcast and the largest and most progressive farm in Canada. First exclusive podcast with @farms_monette . Watch Real Ag Media and Hebert Group for release date. @realagriculture @farms_monette @KristjanHebert @Maverick_Ag @Farmer_Coach

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Evan Shout, CPA, CA

@EvanShout

5 years

Proud of my wife and how hard she advocates for our kids.

As classrooms grow, parents of most vulnerable students feel forgotten

thestarphoenix.com

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Evan Shout, CPA, CA

@EvanShout

7 years

With cost of production approaching $400 per acre on many operations, how feasible is 40 yield at $10 canola for break-even? 65 yield at $6 HRSW? Costs and risk mgmt insurance the new topics of 2018. Do you know what $ value you are covered for? Do you want to?

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Evan Shout, CPA, CA

@EvanShout

4 years

A good advisor should work with your group of advisors on whats best for you; if an ego is in the way, replace that advisor. In the long run it will be a larger ROI.

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Evan Shout, CPA, CA

@EvanShout

5 years

Minor tweeks to AgriStability create major opportunities. The ability for farmers to use subsidized program in conjunction with private insurance creates a new horizon in risk management. Both based on historical farm margins. History dictates future.

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Evan Shout, CPA, CA

@EvanShout

6 months

What would lead @raptorent from running a 40,000-acre grain farm to switching careers and retiring from farming at 42? He shares that and more in this week's Truth about Ag episode. #AgTwitter

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Evan Shout, CPA, CA

@EvanShout

5 years

Too often we spend so much time focusing on what we have no control over that we miss the things we can control. You don’t know what you don’t know.

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Evan Shout, CPA, CA

@EvanShout

2 months

Skyrocketing land prices make expansion tough for young farmers, but success doesn’t hinge on ownership. Just like retailers lease space, farmers can find profit without owning land. Agree? Disagree? #AgTwitter

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Evan Shout, CPA, CA

@EvanShout

2 years

I was happy to stand alongside @KristjanHebert last night at the #EOYCanada award ceremony for the Prairie region winners. It was great to see more than one #agriculture company as part of the winners on stage.

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Evan Shout, CPA, CA

@EvanShout

7 months

🎙️After 18 months of talking about it, we've launched The Truth About Ag – a podcast diving into the realities of agriculture. Expect fresh insights & brutally honest conversations about the industry. Listen & subscribe on Spotify, Apple Music, or YouTube. #TheTruthAboutAg

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Evan Shout, CPA, CA

@EvanShout

5 years

Two day course in St Louis with Wittman Consulting; corporate governance in agriculture at the highest level.

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Evan Shout, CPA, CA

@EvanShout

5 years

The proposed changes to AgriStability for 2020 are a step in the right direction for the industry. If you haven’t looked at your risk mgmt policy on your farm might be time to pencil it out. “Be fearful when others are greedy and greedy when others are fearful” Warren Buffett

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Evan Shout, CPA, CA

@EvanShout

5 years

. We need to start hiring smart people to tell us what to do, not hiring smart people to tell them what to do. Change in perception and mindset.

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Evan Shout, CPA, CA

@EvanShout

1 year

Navigating life with my boys on the spectrum has its unique challenges & triumphs. Each day brings new lessons & moments of joy. I'm sharing these stories on my blog to connect with other parents & spread understanding. #autismlife #differentnotless

Introduction « Evan Shout

Autism is not a word that I ever thought I would use this often in my life. Growing up I was not comfortable being uncomfortable. It’s not something I am proud of, but I was not the person who...

evanshout.com

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Evan Shout, CPA, CA

@EvanShout

4 years

Just read another article on how bad AgriStability is; wish farms would take the time to review and understand. On many grain farms this is the first program to start paying. Issue is your provincial crop insurance removes that payment. There is a better way.

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Evan Shout, CPA, CA

@EvanShout

1 month

Too many farms are trapped in an exit strategy—either passing it on or selling. But what about creating options? An options strategy ensures your farm can thrive no matter what happens—retirement, sale, or even a merger. It’s time to think bigger.

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Evan Shout, CPA, CA

@EvanShout

2 months

@shaunhaney This to me is a red flag on marketing as 2023 had high values pre harvest that would have seen large potential profits. The loss over the last 12 months on grain value and present value of money is concerning on top of the current state of crops in Western Canada.

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Evan Shout, CPA, CA

@EvanShout

2 years

Had a great time this morning speaking at @OldsCollege about #agribusiness , precision ag & #agtech . Our industry is being propelled forward, yet many farms still aren't adopting the innovations. The career ops for these students is huge!

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Evan Shout, CPA, CA

@EvanShout

1 year

@clintwfischer Find outside employees (COO, CEO) to run the farm until the grandkid has the skills; he may never run the farm if not qualified, may just end up an owner (dividends) and an operator (salary). Blood does not make someone qualified to manage a million dollar company.

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Evan Shout, CPA, CA

@EvanShout

9 months

Really enjoyed speaking this morning at the @FCCagriculture Young Farmer Summer summit. Great conversations & a nice way to celebrate Canadian Ag Day. #AgTwitter #cdnag #CdnAgDay

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Evan Shout, CPA, CA

@EvanShout

5 years

In an industry where you can use multiple insurance products to reduce/remove risk, why is agriculture still about to face a disaster in many locations of western Canada? Food for thought; fail to plan to plan to fail. #riskmgmt #maverickag #GARS

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Evan Shout, CPA, CA

@EvanShout

7 months

Strategic coach during the day, Leafs/Devils at night. #farmercoach

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Evan Shout, CPA, CA

@EvanShout

2 months

@405farmer Depends on what your definition of success is for you. Some do it for lifestyle, wealth, legacy, or addiction to the game. Many ways to “chase your passion”. The only caveat is complacency may cause generational issues if consolidation continues (too many mouths to feed)

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Evan Shout, CPA, CA

@EvanShout

4 years

@RonKrahn Conservative 5 yr remove anomalies. If you shoot high throws off capital plan, projected ratios, debt leverage plan. Can really put a farm in a bad spot. Also have seen increased inputs and assuming an increase in yield. This never turns out well either.

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Evan Shout, CPA, CA

@EvanShout

5 years

Does your bank work for you or do you work for your bank? Know the difference? Debt Capacity/Service Ratio = Cash Earnings / Debt Obligations Next 365 Days. This key performance indicator is crucial for your financing relationships in 2019/2020.

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Evan Shout, CPA, CA

@EvanShout

1 year

Had a great time at the Thank-A-Farmer event last night. @Farmer_Coach & @Maverick_Ag were proud sponsors of the event benefiting @domoreag & @STARSambulance . I'm always impressed how the #agriculture community comes together to support important causes.

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Evan Shout, CPA, CA

@EvanShout

28 days

Farm transitions don’t start when it's time to retire, they need to start when the next generation are teens. In Episode 13 of The Truth About Ag, @clintwfischer & I discuss skill diversity and what’s best for the operation. #FarmSuccession

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Evan Shout, CPA, CA

@EvanShout

1 year

@Kotyjo Rent for your land, a return on investment for your equity, and a wage for labor and any mgmt. Next generation gets the rented land from you, the bank of parents at a fair rate, and an employee or partner. All fair, and non-farm siblings cannot claim a free ride for farming kid

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Evan Shout, CPA, CA

@EvanShout

3 months

Jordan and Jennifer Lindgren’s philosophy centers on family and farming as a lifestyle. While this differs from our usual business-first approach, their insights highlight the diversity in #ag . And we can't argue with their success! @lindgrenfarms1

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Evan Shout, CPA, CA

@EvanShout

8 years

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Evan Shout, CPA, CA

@EvanShout

5 years

Grower meetings in Rosetown today with @GlobalAgRisk @scotiabank @Maverick_Ag @ExceedGrain @MNP_Ag . Good information after a difficult growing season.

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Evan Shout, CPA, CA

@EvanShout

7 years

If you could wake up January 1st and know your worst case scenario for the year, would this affect your decision making? Did you know you can layer insurance products? Can you insure a profit? A break even?

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Evan Shout, CPA, CA

@EvanShout

11 months

The road isn't always smooth in the world of parenting. In my blog post, I take you through a particularly tough day that many of us face but don't talk about. It's unfiltered & real, just like our daily lives. #autismparent #autismawareness

Day One « Evan Shout

It will be one of the worst days of your life. In all honesty I will remember “day one” for as long as I remember my own name. It is funny how many vivid details you can recall about one of the...

evanshout.com

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Evan Shout, CPA, CA

@EvanShout

7 months

Today is #WorldAutismAwarenessDay . Our journey with autism is about vibrant, unique perspectives & what it means to be a good human. It's not about changing my kids but expanding our world to embrace them.

Speaking For Those That Can’t – World Autism Awareness Day « Evan Shout

I never wanted to be an advocate; to be fully transparent, I still am uncomfortable with the thought. From the beginning of our journey with autism, our priority was always to protect our childr...

evanshout.com

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Evan Shout, CPA, CA

@EvanShout

23 days

Your advisors need to be working together. If your marketing guy isn't talking to your CFO or accountant, you're setting yourself up for failure. Don't just estimate—use real numbers. #AgTwitter

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Evan Shout, CPA, CA

@EvanShout

4 years

In todays market, do you expand through land purchases or land rent? Is it cash rent, crop share, or some other agreement (joint venture)? Do you have a formula on how to analyze? Ever tried gross margin divided by land value per acre? We have @Maverick_Ag

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Evan Shout, CPA, CA

@EvanShout

2 years

Podcast Non Farmer - “If ag wants to attract people they need to stop complaining”. Starting to see it. As an industry there is no better career and right now great opportunity. Less focus on handouts, more on growth and opportunity. Needed for the next generation.

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Evan Shout, CPA, CA

@EvanShout

1 year

@kowalchukfarms1 Feels like in todays market farms are “takers” on both sides. Everything from equipment to labour to general insurance and accounting fees have doubled in last 5 yrs. Both revenue and expenses are going to be harder to manage going forward.

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Evan Shout, CPA, CA

@EvanShout

5 years

Syngenta conference in Calgary today for Maverick Ag. Using data for large scale producer decisions with speaker Kristjan Hebert. @Maverick_Ag @KristjanHebert @syngentacanada

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Evan Shout, CPA, CA

@EvanShout

1 year

I know it can be hard to deal with rising farming equipment prices, but as farmers, we’re a part of the problem. The key to coping is finding other efficiencies where you can. I shared some in a recent @farmer_coach blog. #CdnAg #agribusiness

Iron Disease – In an environment of high equipment costs, what is the solution? « Farmer Coach

The inconvenient truth is that farmers are to blame for the current equipment environment; just as ordinary people are to blame for continuing inflation in Canada. Farmers can take a large part of...

farmercoach.ca

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Evan Shout, CPA, CA

@EvanShout

4 years

Does your risk mgmt plan take into account all financial and operational risks? Do you know your true cost of production? Have you identified the lowest income you can have for your bank terms? If not, we can help. @Maverick_Ag

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Evan Shout, CPA, CA

@EvanShout

2 months

@JLandtrain28266 @JakeLeguee @KristjanHebert @AllamFarmer @gmjochum @DarylFransoo @OdeleinDwight @olblue81 @coldspring01 @o2farms_sk @shaunhaney @AgProducersSK @GrainGrowers You’re crossing “support” and “handouts”. As agriculture producers we want effective trade deals, infrastructure, and policy that allows us to remain competitive. As business owners we want the ability to produce and profit, not rely on subsidies. Your “assumptions” are incorrect

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Evan Shout, CPA, CA

@EvanShout

4 years

@KevinHursh1 For most farms there AgriStability margin is considerably higher revenue attachment than SCIC at $273 avg for this year. Plus it covers contract buyouts, hedging, inputs, fuel and wages. SCIC removes any chance of AgStab benefits. Know what program is best for your farm.

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Evan Shout, CPA, CA

@EvanShout

5 years

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Evan Shout, CPA, CA

@EvanShout

2 years

Really enjoyed speaking at @MBAgDays this morning about navigating the daily risks of #farming . It was great to connect & chat with so many people after my talk. #AgDays23

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Evan Shout, CPA, CA

@EvanShout

7 months

@TrentMeyerSK Same chance they were going to “fight for my kids” on the week off last week. With two kids on the spectrum they have thrown off our whole family for months with the changes in routine. At this point they can lock them out and I will hire the classroom EAs who deserve the money.

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Evan Shout, CPA, CA

@EvanShout

14 days

Delegation is more than assigning tasks – it makes life easier for everyone. When done right, it can be game-changing. The key? Reduce the workload of those above you. #AgTwitter #TheTruthAboutAg

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Evan Shout, CPA, CA

@EvanShout

2 months

Admit it – we love being the 'keyman' on the farm. The one everyone turns to…until we want a break. If your farm can’t run without you, you’ve got a problem. Focus on people, processes, and patience. #AgTwitter

The Options Strategy – Why agriculture will need to move away from exit strategies « Farmer Coach

A person in my network sent me a text the other day that simply said, “you must read this book”. Included was a camera shot of the hardcover book Built to Sell by John Warrillow. By the weekend I...

farmercoach.ca

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Evan Shout, CPA, CA

@EvanShout

11 months

Navigating the ever-changing magic of Christmas with my boys Ashton & Trystan has been a journey. From new challenges every year, to their unfiltered awe at Christmas lights - we now understand what truly makes the holidays special. Read more of our story:

Navigating the Holidays « Evan Shout

The first time Santa Claus knocked on our door Ashton grabbed Santa’s hand and showed him inside; so much for “stranger danger” at the Shout household. The next year the novelty had worn off and he...

evanshout.com

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Evan Shout, CPA, CA

@EvanShout

2 months

Every morning, my wife and I exchange a single word: “survive.” It’s our reminder that even when the days feel impossible, we keep going. The demands of raising children with autism are relentless, but so is our resolve. #Autism

Overwhelmed « Evan Shout

You are going to have bad days (or weeks); forget them and move on. My wife and I have a running joke when I leave for work in the morning. We don’t say “Have a good day”, we just say one simple...

evanshout.com

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Evan Shout, CPA, CA

@EvanShout

4 years

What’s your capital plan? How many years out do you project and do you know how it affects your ratios? Do you send it to your banks and equipment dealers? Make advisors work for you. @Maverick_Ag

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Evan Shout, CPA, CA

@EvanShout

11 months

Some days are etched in memory in permanent ink, marking the start of a life-altering journey. I've penned down 'Day One' in a blog post, a raw account of facing the unexpected & coming to terms with a new reality. Read here: #autismparent #autismawareness

Day One « Evan Shout

It will be one of the worst days of your life. In all honesty I will remember “day one” for as long as I remember my own name. It is funny how many vivid details you can recall about one of the...

evanshout.com

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Evan Shout, CPA, CA

@EvanShout

9 months

I'm presenting today at the Convergence conference. We're at the cusp of a major shift in agriculture, powered by data. When inventory is only turned once per year & the labour force is shrinking, what is the ace in the hole for farms? Say hi if you'll be at the conference!

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Evan Shout, CPA, CA

@EvanShout

1 year

Enjoyed chatting with @DamianPMason on the Business of Agriculture podcast. As you navigate an era of high interest rates, consolidation & even demographic changes in North American farms, it becomes even more critical to think like entrepreneurs.

Bridging The Farmer / Entrepreneur Mindset

If you’re in modern day production Agriculture, you are in business. Probably to the tune of millions of dollars of allocated capital. Yet, many farmers don’...

www.youtube.com

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Evan Shout, CPA, CA

@EvanShout

1 year

Proud to work with these stellar farm entrepreneurs. @mac_acres @MrsMacAcres

Maverick Ag

@Maverick_Ag

1 year

Viewing your farm as a business means assessing team strengths & seeking external support where needed. Explore McArthur Ag Ventures' story on leveraging outside help for business growth: #FarmBusiness #TeamStrengths

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Evan Shout, CPA, CA

@EvanShout

5 years

@kfhauswirth Debt Capacity - indicates future lending availability (1.20 min), Working Capital to Expense - indicates available capital for future operations (30% to 75%), Cost of Production and Labour Power and Machinery per acre, Return on Equity - proper return on investment (> lend rate)

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Evan Shout, CPA, CA

@EvanShout

5 months

@RobSomerville1 Two totally different business models, can’t compare; one is intensive capital, high debt leverage, low cash equivalents while one is higher cash reserves, much lower debt requirements, and minimal working capital strategy.

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Evan Shout, CPA, CA

@EvanShout

8 years

Great night of networking; thanks @GlobalAgRisk @WorkHorseHub for the boxseats. Good people, great products #FarmTech17

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Evan Shout, CPA, CA

@EvanShout

6 years

@Mac_Acres @MNP_Ag @macspenny @MrsMacAcres @KendallMcarthur 3C’s....Cash - Manage working capital strategy. Costs - Budget of accrual cost of production and profit potential. Coverage - Remove and track the downside risk with insurance. Now farming gets fun. Great meeting for a great year.

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Evan Shout, CPA, CA

@EvanShout

9 months

Game time in Winnipeg.

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Evan Shout, CPA, CA

@EvanShout

2 years

@RonKrahn In its simplest form comes down to rent, equity, labor, and mgmt. Make new generation motivated to work and invest, pay old gen fair market value for land and use of equity. Too often free ride destroys the next gen motivation and urgency to be better.

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Evan Shout, CPA, CA

@EvanShout

5 years

@Mrebeyka @RaguseWarren @raptorent @KristjanHebert @jasonfr66 A) Needs to be simple. B) Needs to be cost effective. C) Needs to show tangible value. If these three metrics are not met the consumer will not implement.

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Evan Shout, CPA, CA

@EvanShout

2 months

The Truth About Ag promo release for next week’s podcast with @StackhouseJohn @KristjanHebert . Check us out on the @realagriculture network. Also see our newest webinar series over on the @Maverick_Ag website. A deeper dive into the conversations and strategies on the podcast.

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Evan Shout, CPA, CA

@EvanShout

7 years

I can feel the machinery costs increasing even in the parking lot at Farm Progress; new iron, new tech new financing all in one place.

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Evan Shout, CPA, CA

@EvanShout

5 years

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Evan Shout, CPA, CA

@EvanShout

1 year

@RonKrahn @hodgy39 A lot of speculation and as usual a tone of hating progressive change. Not that I agree or disagree with the deal, just sad to see an industry hate on types of success. If given the option, most would take the same deal.

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Evan Shout, CPA, CA

@EvanShout

2 years

My wife and I took the road less traveled – it just wasn’t by choice. When my sons were diagnosed with #autism , we knew we had to move back to the city. Eventually, I found my way back to primary producer #agriculture , here's the story: #differentnotless

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Evan Shout, CPA, CA

@EvanShout

8 months

Facing an autism diagnosis can feel like standing alone in a storm. We've been there—twice. Our story isn't just about challenges; it's about the preparation, questions to ask & acceptance. Curious? Dive in:

Being Told to Start Over « Evan Shout

“Two roads diverged in a wood, and I took the one less travelled by, and that has made all the difference” – Robert Frost Imagine this scenario if it was not a choice, and the one less travelled is...

evanshout.com

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Evan Shout, CPA, CA

@EvanShout

25 days

Amy and I were honored to speak at Autism Services of Saskatoon's Jazz Night fundraiser. We shared our journey with our boys and the incredible support we've received through their programs. Huge thanks to everyone who came out to support this cause! #autismawareness

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Evan Shout, CPA, CA

@EvanShout

8 months

Why do some farms soar & others stagnate? It's not just luck; it's about accountability. My latest blog explores the necessity of business plans & how without accountability, you are left with mere dreams.

Goals Without Accountability are Just Dreams – Why most business plans fail « Farmer Coach

Sometimes I feel like we are running in circles. When I came back to public accounting in 2014, it was clear that primary producer agriculture was an industry that wasn’t keeping up with the times....

farmercoach.ca

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Evan Shout, CPA, CA

@EvanShout

8 years

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Evan Shout, CPA, CA

@EvanShout

2 years

RBC recently reported that 66% of producers don’t have a succession plan. Shocking? Not really. Too many producers don’t view their farms as an actual business that needs to be run like an actual business. How do we change that? #CdnAg

You Been Farming Long? – Succession and Transition is About Business, Not Family « Farmer Coach

You Been Farming Long? – Succession and Transition is About Business, Not Family I remember growing up, every farmhouse in Saskatchewan had the picture on the wall of the two young boys in overalls...

farmercoach.ca

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Evan Shout, CPA, CA

@EvanShout

9 months

Another week of flights and speaking; first stop in Winnipeg @FCCagriculture for Young Farmer Summit then onto Phoenix for Ag Exec Conference with Ag View Solutions.

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Evan Shout, CPA, CA

@EvanShout

8 years

Can the liberal voters in Sask that told me change was good please cover my new carbon tax along with theirs...open your wallets...

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Evan Shout, CPA, CA

@EvanShout

17 days

Don’t assume big farms are doomed in a downturn. When managed right, they can actually outmaneuver smaller operations. It comes down to strategic growth. How? Check out the blog: #AgTwitter

Assume Nothing – How the primary producer mindset changes in a downturn « Farmer Coach

I took a big step for my own well-being this month – I limited the amount of time I spent on social media for the first time ever. It might be because we have two very important elections on the...

farmercoach.ca

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Evan Shout, CPA, CA

@EvanShout

6 months

"Did I want to be a farmer, or am I a farmer because my dad was a farmer & my grandpa was a farmer? Did I really pick farming, or did farming pick me?" This week @raptorent shares what life looks after farming on The Truth About Ag podcast: #AgTwitter

The Truth About Life after Farming with Dallas Simmonds

In Episode 3 of The Truth About Ag Podcast, co-host Evan Shout sits down with Dallas Simmonds, owner of Raptor Enterprises, candid discussion on the realitie...

www.youtube.com

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Evan Shout, CPA, CA

@EvanShout

2 years

@Plantmore1 Some good points, but they need to fact check numbers better; majority of outrageous land purchases lately are farmers (investors don’t buy based on emotion). Also would say land not the only reason young farmers have trouble (cost of inputs, machinery, labor, succession).

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Evan Shout, CPA, CA

@EvanShout

9 months

Jack & Jill went up the hill… and took very different approaches to their farms. Jill's aggressive growth vs. Jack's contentment with the status quo raises questions about the future of ag. How do we balance expansion with community? #AgTwitter

A Case Study in Agriculture – A history of why we fight growth on the farm. « Farmer Coach

My name is Evan, and I never listened to AM radio. There, feels good to get that out there to start a new year fresh. Now that I have alienated the older demographic of readers, and the younger...

farmercoach.ca

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Evan Shout, CPA, CA

@EvanShout

2 years

Today & everyday, let's celebrate the incredible women who have been driving forces for change in the agriculture industry. Their contributions have been integral in shaping the future of farming, and we owe them a debt of gratitude. #IWD2023 #WomeninAg

A Gender Shift – How Women in Agriculture are a Driving Force in Industry Change « Farmer Coach

This blog was one of the more difficult to write, as it touches on a subject that I am not well versed. Growing up the gender gap in agriculture was significant, and this led to many assumptions...

farmercoach.ca

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Evan Shout, CPA, CA

@EvanShout

2 years

When I came on as CFO at Hebert Grain Ventures, I thought it would be similar to my role in external consulting. Once I saw the full picture of the operation, I realized there was more to benchmarking than just the quantitative >>

Relevance and Reliability – Why the qualitative aspects of benchmarking are just as important as...

During my time as a public accountant, I believed that benchmarking was going to be the driving force in consulting moving forward. How could it not be? The ability to compare hundreds of...

farmercoach.ca

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Evan Shout, CPA, CA

@EvanShout

1 year

Enjoyed sitting down with @timhammerich for his podcast The Future of Agriculture. We talked about cultivating an entrepreneurial mindset & how to apply it to your farm business. Listen below or check out the episode wherever you listen to podcasts 👇🏻

FoA 379: The Farm Entrepreneur Mindset with Evan Shout of Maverick Ag

Future of Agriculture · Episode

open.spotify.com

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Evan Shout, CPA, CA

@EvanShout

7 months

@kperlik @Andrew_Dalgarno At current price points the next generation of farms will rely on them. Farms in growth mode will also require ability to rent. In most areas farmers are driving the price increase as most investors have an ROI target that doesn’t work in today’s price height.

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Evan Shout, CPA, CA

@EvanShout

7 years

@KristjanHebert @davesullivan15 @Marcelvanst @rgstone1 @ChrisBumbac @GlobalAgRisk Too many advisors focus on compliance work (tax returns, financial stmts) when the true value equation is management, risk and profit. Not many realize Tax is not an issue if you never make money....

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Evan Shout, CPA, CA

@EvanShout

2 years

@rgstone1 @JennethJohanson @hsiemens @pat_kunz @Farmerjohn01 @RonKrahn @AgGalJones @jpgervais @KenFost13595051 @bsfarmzeldon @field2fieldag @r_pen14 @KoreyPeters @landon707 @Jason_hildo @DavidNagel15 @LMSAgEquipment @RodEdgar1 If you bought fert in June you can lock a price of $17 canola or $11 wheat for next year today. This covers your cost of production. SCIC pricing will remain high if markets do. Private insurance covers contract risk. Farms next year can already lock in a high profit.

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Evan Shout, CPA, CA

@EvanShout

7 years

Seeds in the ground; how many Ag producers have updated running budgets for summer and fall purchase decisions?

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Evan Shout, CPA, CA

@EvanShout

10 months

"There's no traffic jam on the extra mile." I heard this gem of a quote at #TEPAP . It's a powerful reminder that when you push yourself beyond the norm, you'll encounter less competition. Applying this wisdom to your business can pave the way for unexpected opportunities.

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Evan Shout, CPA, CA

@EvanShout

9 months

Insurance may not gleam like a new combine under the sun, but in the tough world of Ag, it's the unseen hero. Ignoring insurance is a risk too high for farmers. It's about protecting not just crops, but your farm’s future. #AgTwitter

It’s Just Not Sexy – Why insurance is a competitive advantage for many in Ag « Maverick Ag

Industry – Why don’t more farms utilize insurance strategies? My Answer – It’s just not sexy; you can’t park it on the front lawn like a combine and look at it all year. This blog is one of the...

maverickag.com

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Evan Shout, CPA, CA

@EvanShout

1 year

@FCCAgriculture 's unique approach to investing in #agriculture focuses on improving farm business management for a stronger industry. @JasonFiske explains their mission in our recent chat. #CdnAg #agribusiness #AgTwitter

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Evan Shout, CPA, CA

@EvanShout

2 months

A great night crop checking, riding combines, and discussing farm policy and history with the honourable deputy minister Lawrence Hanson and his team at @AAFC_Canada . Thank you @ColbornFarms for the hospitality @Maverick_Ag @Farmer_Coach .

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Evan Shout, CPA, CA

@EvanShout

2 months

Struggling to carry my autistic son up the stairs was my wake-up call. As our kids grow, the physical demands of parenting them increase. Staying stronger than the average person is essential. Be the bigger dog in the fight. #Autism

The Bigger Dog « Evan Shout

Quote – “It’s not the size of the dog in the fight, it’s the size of the fight in the dog.” Reality – “It’s always the size of the dog.” I had numerous dogs growing up, I remember their first...

evanshout.com

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Evan Shout, CPA, CA

@EvanShout

1 year

Is the agriculture industry really that different from other industries when it comes to succession and transition planning? We need to break free from the notion of being “special” & adopt proven business practices. #agribusiness #agriculture #CdnAg

Family Ties – How succession and transition in agriculture continue to spin circles. « Farmer Coach

Frankly, I am tired of hearing the line “agriculture is different”. I think this is the cause of many of our industry’s downfalls as we continue to push the narrative that we are special in compari...

farmercoach.ca

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Evan Shout, CPA, CA

@EvanShout

1 year

My childhood views on large farms hurting agriculture were typical, but today, with more data & experience, I see it differently. While I don't blindly support consolidation, I think it's inevitable. We can resist or adapt & contribute to progress. #CdnAg

Big, bigger, biggest | The Western Producer

Back in 2011, large farms owned and operated about 41 million acres of cropland and rangeland in the three prairie provinces. By 2021, they controlled about 46 million acres, having consolidated...

www.producer.com

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Evan Shout, CPA, CA

@EvanShout

2 years

Primary producer agriculture is the one business where you can be a millionaire on paper but still worry about paying next month's bills. While cash position is important, strong working capital is key to long-term success in farming. Read more:

If Cash is King, is Working Capital the Queen? - How working capital is the difference between...

Growing up, I can always remember the early days of working paycheque to paycheque. Always thinking that next month I would be able to put some money aside (or more likely what night at the bar I...

farmercoach.ca

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