One million dollars at six per cent interest amortized over 20 years means annual payments of $87,184. At seven per cent interest, the annual payments are $94,392, which is an increase of $7,208 per year. Are you sure your cash flow can handle those extra payments?

Look before you leap… into new purchases for the farm

Careful planning is necessary with today’s high interest rates

If you are considering a sizable new purchase, hopefully the title has piqued your interest and you will read on. My purpose with this article is to encourage you to carefully consider several important points before you make any significant new purchases. With the present high interest rates, which may rise even more, careful planning […] Read more

The logo and trading info for Corteva Agriscience displayed on the New York Stock Exchange in New York.  Photo: Reuters/Brendan McDermid

Corteva third-quarter loss narrows on demand for agricultural products

Reuters – Agricultural chemical and seed company Corteva Inc CTVA.N on Thursday posted a smaller-than-expected third-quarter adjusted loss as farmers looked to maximize yields at a time of low global grain supplies. Operating loss was 12 cents per share in the July-September quarter, from 14 cents per share a year earlier. Analysts on average had expected […] Read more


Photo: iStock/Getty Images Plus

Nutrien cuts 2022 profit forecast again on lower potash prices

Reuters – Nutrien Ltd NTR.TO on Wednesday cut its full-year adjusted earnings forecast for the second time this year as potash prices decline, sending the shares of the world’s biggest fertilizer maker down nearly 5 per cent in extended trading. The company also missed third-quarter profit estimates, hurt by cooling prices of crop nutrients as farmers cut fertilizer application […] Read more

With the dramatic rise in crush capacity slated for the Prairies, the onus will be on farmers to ensure there is adequate supply to keep up with rising demand for canola seed.

Priority No. 1 for canola growers: ‘produce more’

To take advantage of the biofuel boom and all of its benefits, farmers must increase canola productivity on each acre. Which agronomic tools can you lean into for the heavy lifting?

The biofuel market in North America is rapidly expanding, thanks in part to government regulations promoting clean fuels to drive down greenhouse gas emissions. This, in turn, is driving up demand for biofuel feedstocks like canola oil, which is why Chris Vervaet says grain companies are spending some $2 billion over the next few years […] Read more



Bunge’s refined and specialty oils segment turned in stronger quarterly earnings in the Americas and Europe.  Photo: Thinkstock

Crop merchant Bunge raises full-year profit outlook

Agricultural commodities trader Bunge Ltd BG.N on Wednesday raised its full-year earnings outlook after posting an adjusted third-quarter profit that topped expectations, sending its shares up about 2 per cent in premarket trading. The improved forecast was attributed to favorable market conditions as tight global crop supplies and strong demand have benefited supply chain middlemen […] Read more



(Bayer.com)

Bayer’s agriculture unit, consumer health drive outlook hike

Frankfurt | Reuters – Agriculture and pharmaceuticals company Bayer BAYGn.DE on Thursday lifted its 2022 earnings guidance on strong demand from farmers for its seeds and crop chemicals and higher sales of consumer health products. Bayer is now targeting earnings before interest, taxes, depreciation and amortisation (EBITDA), adjusted for special items, of about 13 billion […] Read more


Mosaic’s mine shaft tower from its K3 facility in southern Sask. Photo: Greg Berg

Mosaic sees fertilizer demand supported by tight crop supplies into 2023

Reuters – Mosaic Co MOS.N said on Monday it expects tight grain and oilseed markets into 2023, encouraging the continued use of fertilizers despite their surging costs. “The war in Ukraine, high temperatures in North America and Europe, and developing drought conditions in parts of South America highlight the risk for reduced yields globally,” Mosaic said. […] Read more