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Lethbridge Herald Newspaper Archives

- Page 46

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Lethbridge Herald, The (Newspaper) - May 30, 1972, Lethbridge, Alberta Time parses, men" come and go tchile Alberta's tradition lingers CanFarm boon to a By UIC SWIIIART Herald Staff Writer The Canadian Farm Man- agement Data System (Can- Farm) is designed to further the development of profitable {arming in Canada by design- ing, constructing and operating a computerized farm manage- ment information system. This was the key address by Dr. J. B. Britney, director of research and field services to a national information day in Guolph, Ont. He said the system is based primarily on data collected from on-farm and off-farm sources and is capable of ser- vicing all Canadian farmers on an individual and voluntary ba- sis. He said the modern farmer, because of expansion and con- current advancement in tech- nology, changing market con- ditions and the restructuring of institutional arrangements, needs assistance in four key areas: accounting for improve- ments in the system to en- able the farmer to accurately measure the physical and fi- nancial status of his existing operation as well as to meet institutional requirements. problem detecting for im- provements in a farmers' abil- ity to analyse the measures of his present operation to permit him 'to pinpoint problem areas quickly. isolating alternatives for increased availability of rele- vant information on prices and technical production. This will enable the farmer to set down alternative courses of. action for solving many problems. decision making for in- creased availability of modern business management techni- ques that will allow the farm- er to quickly decide which is the most appropriate course ot action to follow. Dr. Britney saiil the heart of the CanFarm operation is the farm records program. Tho farmer regularly records spe- cified information about his farm operation and CanFarm processes the data to produce reports which assist the farm- er in accounting and problem detecting. From the computer centre in Guclph, the farmer will re- ceive revenue, expense and net income records for the account- ing period. assets, liabilities and own- er's equity in the farm busi- ness at selected points in time- __ tlic per unit costs of pro- ducing each of the products. costs of operating and maintaining machinery and buildings. salaries, deductions and monies submitted for Canada Pension Plan, Workmen's Com- pensation and Unemployment Insurance. Also included in the Can- Farm system is a program of farm business analysis. This is to enable a farmer to evaluate the performance of his busi- ness as against individual farmer projections or against research results. Once firmly established, Can- Farm will initiate a data base with all the individual farm data collected by the farm rec- ord system stored on computer tape. Farm planning also comes under the framework of Can- Farm. This program will assist individual farmers to predict the results of some of the al- ternative courses of action open to them. CanFarm doesn't have a field staff that deals directly with the farmers, said Dr. Britney. All farmer clientele are ser- viced by a "user pres- ently the provincial depart- ments of agriculture, agricul- tural universities and the Farm Credit Corporation. These agencies arc respon- sible for contacting fanners in- terested in CanFarm services and instructing them in the rec- ording necessary for physical and financial transactions. The user agency is also re- sponsible for reviewing data submitted by the farmers for completeness and accuracy and to assist farmers in interpret- ing and using the reports sent by CanFarm headquarters. Dr. Britney said that with the farm records program being the only one considered to ba operational, CanFarm charges for just this service. Each farmer pays to bo on the farm record system and the user agency may or may not add an additional fee in order to recover some of their cost. Dr. Britney said confidential- ity of data is of utmost impor- tance within the program. All individual farmer information within the data base is re- leased only to the user agency. CanFarm records arc being accepted by chartered banks am! there is a chartered accountant working on (he Maff to co-ordinate records from CAs who have been working with larger farm operations. The department of national revenue will accept the1 C'nu- Farm records as a ynr.ix'nd statement- This saves the farm- er reworking, by hand, a state- ment for tax filing. Approval of the system hag been received from the two ma- jor farm organization in Can- ada. ;