Business Archives - Page 6 of 7

Ray Dowbenko changing hats

Retirement came earlier than respected, but he still plans to contribute

By Lee Hart September 7, 2018

Western Canadian farmers aren’t losing a valuable resource, but a long-time soil fertility specialists and agronomist will be heading off in a new direction this fall, as Ray Dowbenko wraps up a 30-year career with a major fertilizer company. Dowbenko, who spent more than 20 years often recognized as the frontline man who figured out […] Read more

Foreign control in the oil and gas extraction sector is up more than 15 per cent since 2012. Photo: File

General

Foreign control in Canadian ag sector still relatively low

By MarketsFarm Team, GFM Network News August 2, 2018

CNS Canada – The percentage of foreign control, as a percentage of total assets, in the Canadian agriculture, forestry, fishing and hunting sector was 1.6 per cent in 2016, according to data recently released by Statistics Canada. While that’s up from 1.1 per cent in 2012, it compares with foreign control in all industries (excluding […] Read more

Reuters

DowDuPont sees higher raw material costs, shares fall

By GFM Network News August 2, 2018

Reuters – DowDuPont Inc said it expects higher raw material costs to hit all its units for the rest of the year even as an uptick in its agriculture business helped the U.S. chemicals producer beat Street estimates for the fourth straight quarter. Shares of the company fell 3 percent to $66.11 in morning trade and […] Read more

Bunge wrongly bet that soybean prices would rise as U.S.-China trade tensions eased.

Reuters, Soybeans

Bunge posts surprise loss on trade-related soy hedges

By GFM Network News August 1, 2018

Chicago | Reuters – Global grains merchant Bunge Ltd reported a surprise quarterly loss on Wednesday as its agribusiness unit took a $125 million hit from soybean hedges tied to the trade dispute between the United States and China. Shares of the White Plains, New York-based company fell 2.9 percent in early trading to $67.10 […] Read more

Reuters

ADM earnings double, helped by U.S.-China trade row

By GFM Network News July 31, 2018

Chicago | Reuters – Archer Daniels Midland Co’s net profits doubled in the second quarter and beat Wall Street estimates, after a drought in Argentina and the U.S.-China trade spat boosted the U.S. grain merchant’s trading and oilseed processing businesses. Shares were up 1 percent at $47.86 after touching a three-year high on the New […] Read more

Crops, Features

Corteva builds on Dow/Dupont foundation

New seed and crop protection company has a one-track mind — agriculture

By Lee Hart April 17, 2018

Following the merger of DuPont and Dow, western Canadian farmers won’t see any major changes for the next year or so, but be ready for Corteva Agriscience — it will be the new name delivering some familiar products, with promises of more and better things to come. The Delaware-based Corteva Agriscience won’t fully take to […] Read more

Crops, Features

The annual rebate roundup: 2018

Get the most for your hard-earned input dollars by understanding these cash-back plans

By Leeann Minogue January 9, 2018

Once again, it’s time for the Grainews annual rebate roundup. We’ve talked to experts at 11 different companies to ask what they’re offering in the way of cash-back savings for the 2018 growing season. Three of these companies have no special rebate programs, some have simple programs, and some companies have rebate programs with so […] Read more

Saskatchewan Premier Brad Wall speaks during a news conference in Quebec in 2015. Photo: Reuters/Mathieu Belanger

Crops, Reuters

Fertilizer producer Nutrien to keep Saskatchewan base, says Wall

By Rod Nickel, GFM Network News January 4, 2018

Winnipeg | Reuters – Nutrien Ltd, the fertilizer company formed this week by a merger of Potash Corp of Saskatchewan and Agrium, has committed to establishing its head office in the Canadian province of Saskatchewan and increasing corporate office jobs there, Saskatchewan premier Brad Wall said on Thursday. Wall said that in recent meetings, Nutrien’s […] Read more

Features

Formalizing your farming joint venture

Many farmers use joint ventures informally. Getting it in writing can make things simpler 

By Craig Macfie October 5, 2017

Many family farms have participated in variations of revenue and/or cost sharing arrangements. A typical scenario involves family or neighbours sharing equipment and labour to minimize costs, reduce the cost of production and improve the bottom line. However, inefficiencies and disputes over the value of contributions can result from these informal arrangements. Formalizing and documenting […] Read more

The CASA conference will include a session on drone safety.

News, Wheat & Chaff

Farm safety conference to focus on new and emerging agricultural trends

By Canadian Agricultural Safety Association September 29, 2017

The Canadian Agricultural Safety Association (CASA) will holdits 23rd annual conference “Agsafety — Make it a Record Year!” and annual general meeting in Edmonton, Alta., from October 3 to 5, 2017. “Farming is dynamic,” says Marcel Hacault, CASA’s Executive Director. “Trends, technology and legislation affect how we deal with farm health and safety. CASA is […] Read more

Alberta crop conditions improve: report

U.S. grains: Corn sets contract lows on expectations for big US crop

U.S. livestock: Cattle strength continues

GFM Network News