net income Archives - Page 3 of 3

Strong beef demand lifts Cargill profit for quarter

By GFM Network News September 27, 2017

Chicago | Reuters — Global commodities trader Cargill reported a 14 per cent rise in quarterly profit on Wednesday as strong beef demand and ample supplies of cattle lifted earnings for its animal nutrition and protein segment for a fifth straight quarter. The gains in protein offset a weaker year-on-year result for Cargill’s origination and […] Read more

General, Markets, Reuters

Canada’s farm income to dip, but remain above average

By Reuters, GFM Network News February 17, 2017

Reuters — Canadian farmers’ incomes will decline seven per cent in 2017, falling for the second year in a row but remaining at above-average levels, the country’s agriculture department predicted on Friday. A drop in North American cattle and calf prices from record highs in 2015 is the main reason for the two-year dip, Agriculture […] Read more

Crops, Machinery

Grain handle helps lift CN to record Q4

By Grainews Staff, GFM Network News January 25, 2017

Traffic in Prairie grain and U.S. soybeans got credit Tuesday for helping Canadian National Railway (CN) to a record profit for its fourth fiscal quarter. Montreal-based CN booked net income of $1.018 billion on revenue of $3.217 billion for the quarter ending Dec. 31, up from $941 million on $3.166 billion in the year-earlier period. […] Read more

Crops, Machinery

CN feels Prairie harvest delays in Q3 revenues

By Grainews Staff, GFM Network News October 25, 2016

Weather-related stalls in this fall’s Prairie grain harvest have chipped away at Canadian National Railway’s (CN) third-quarter financials, as the railway booked lower profits and revenues on “shifting traffic demands.” Montreal-based CN on Tuesday reported overall net income of $972 million on $3.014 billion in revenue for the quarter ending Sept. 30, down from $1.007 […] Read more

Livestock, Markets, Reuters

Cargill profit jumps on beef demand, grain margins

By GFM Network News October 4, 2016

Reuters — Global commodities trader Cargill reported a sharply higher quarterly net profit on Tuesday, helped by rising beef demand and stronger grain trading and processing margins. The privately held company’s net income rose 66 per cent to $852 million in the first quarter ended Aug. 31 from $512 million a year earlier (all figures […] Read more

Crops

Input costs to chip away at farmers’ shrinking income

By GFM Network News February 24, 2016

CNS Canada — An anticipated downturn in farm income and higher input costs mean Canadian producers will be in a tough financial position this year, the head of the National Farmers Union (NFU) predicts. Farmers’ net cash income is expected to move lower in 2016, declining nine per cent to $13.6 billion in 2016, according […] Read more

General, Markets, Reuters

Farm incomes set to fall from record high

By Reuters, GFM Network News February 19, 2016

Reuters — Canadian farm incomes look set to fall in 2016 after a year of record profits, but will still reach above-average levels, according to a report from the federal government. Rising receipts for crops and livestock have boosted incomes in recent years, due to greater demand in developing countries and a weak Canadian dollar, […] Read more

Crops, Machinery

CP books record profit, more grain revenue in 2014

By Grainews Staff, GFM Network News January 22, 2015

Increased revenue from Canadian and U.S. grain traffic alike helped boost Canadian Pacific Railway (CP) to a record full-year profit in 2014. Calgary-based CP on Thursday reported net income of $1.476 billion on $6.62 billion for the year ending Dec. 31, up from $875 million on $6.133 billion in 2013. For its fourth quarter, the […] Read more

GFM Network News

Canada October retail sales down 0.2 per cent; seen up 1.2 per cent in November

Pork imports to drop after 2026 as Philippines ramps up hog repopulation drive

Selling GMO tomato seeds to Canadian gardeners ‘reckless’ say advocates

Tag Archives net income

Strong beef demand lifts Cargill profit for quarter

Canada’s farm income to dip, but remain above average

Grain handle helps lift CN to record Q4

CN feels Prairie harvest delays in Q3 revenues

Cargill profit jumps on beef demand, grain margins

Input costs to chip away at farmers’ shrinking income

Farm incomes set to fall from record high

CP books record profit, more grain revenue in 2014

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