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Your farm financial scorecard
Features, News

Your farm financial scorecard

Farm financial statements can offer you a lot more than just a way to keep score

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If you had time to go golfing or perhaps mini-golfing last summer, you likely filled out a scorecard to track your success (or lack thereof). Keeping score allows you to track your progress and rank yourself against your competition. The golf clubs, green fees, and your time represent a significant investment and the scorecard measures […] Read more
Five reasons to make a farm business plan
Features

Five reasons to make a farm business plan

Many farmers do not have a business plan. Here are five reasons to make one for your farm

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Actually doing a business plan for your farm can be a real chore for many farmers since they are “hands-on” people that prefer the actual day-to-day work (which is always necessary) rather than “desk work.” However, as operations become larger, more complex and involve more people the reasons for business plans become more important. Here […] Read more
Six traits of highly effective leadership
General

Six traits of highly effective leadership

If we want to generate a higher return on investment (ROI) on our leadership, describing how leadership can be developed and characterizing why leadership is effective are all well and good, but what do highly effective leaders do? How do they behave? What fundamental abilities do they possess that enable them to achieve the kind […] Read more
Features, News

SeedNet varieties sold from the farm

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In 2010, a group of 14 progressive, southern Alberta seed growers got together, looking for ways to promote seed production. Today, those original seed growers (well, 13 of them) are shareholders in SeedNet, a company that licenses new varieties for sale to commercial farmers. “Now,” says Elizabeth Tokariuk, SeedNet’s general manager, “we have a network […] Read more
(JBSS.infoinvest.com.br)
Reuters

JBS shareholder Batista arrested in food sector corruption investigation

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Rio de Janeiro | Reuters – Brazilian police arrested one of the controlling shareholders of meatpacker JBS SA on Friday in connection with an ongoing police inquiry into illegal campaign contributions while a local news outlet reported two former agriculture ministers were also arrested. A member of JBS’ controlling family Joesley Batista is expected only to […] Read more
Roquette hopes pea acreage will increase in Manitoba, but the financial incentive will need to be there for farmers in order to dedicate the acres. Photo: File/Lisa Guenther
Peas, Pulses

Construction resumes at Portage pea plant

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CNS Canada – More than a year after the ground breaking ceremony was held for Roquette’s pea-processing plant at Portage la Prairie, Man., construction resumed on it at the end of October. According to a company spokesperson construction was halted last spring “to adjust and fine tune the project.” ”We took the opportunity to include […] Read more
Reuters

Louis Dreyfus top shareholder gets finance to buy out minorities

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Paris | Reuters – Margarita Louis-Dreyfus, top shareholder of commodity giant Louis Dreyfus Company (LDC), said she had secured financing for a deal that requires her to buy out family minorities, a move that has created uncertainty over the firm’s funding. Minority family shareholders asked in 2015 to sell 16.6 percent of LDC’s holding company […] Read more
New canola varieties for 2019
Canola, News

New canola varieties for 2019

Eight new herbicide-tolerant canola varieties on the market for next year

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Every year Grainews contacts seed companies so we can make a list of the new varieties coming out for the next season. This year, the biggest challenge was keeping track of who’s who. With all the mergers and purchases that have taken place in the input supply industry, it took a spreadsheet to track which […] Read more
The Archer Daniels Midland Co. (ADM) logo is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., May 3, 2018. Photo: REUTERS/Brendan McDermid
Reuters, Soybeans

ADM profit tops estimates on export sales, oilseeds

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Reuters – Archer Daniels Midland Co reported a bigger-than-expected quarterly profit on Tuesday, as the U.S. grain merchant made export sales to buyers in countries other than China during an escalating trade war between Washington and Beijing. Strong margins for oilseeds crushing also boosted earnings. The United States and China have imposed tariffs on hundreds […] Read more
(Staff photo)
Reuters

Fertilizer maker Nutrien’s profit beats on strong potash demand

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Reuters – Canadian fertilizer and farm supplies dealer Nutrien Ltd reported a better-than-expected quarterly profit and raised its full-year adjusted profit forecast, driven by strong demand for its potash fertilizers. The world’s largest fertilizer company by capacity raised its full-year adjusted profit forecast to the range of $2.60-$2.80 per share, from its prior estimate of […] Read more

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