Profit Archives - Page 4 of 4

John Deere in October announced updates to its 7R tractor line for 2020, including the 7R 210 shown here. (Deere.ca)

Deere bets on cost cuts, services push to boost profits

By GFM Network News January 8, 2020

Chicago | Reuters — Deere and Co. on Wednesday said it will cut costs and ramp up investment in data-driven agriculture technology and its services business to make itself more profitable. In a pitch to investors, CEO John May said the measures are expected to boost operating profit margin to 15 per cent by 2022 […] Read more

A freight train at Manchac, La., about 75 km east of Baton Rouge. (CN.ca)

Crops, Reuters

CN strike to weigh on railway’s 2019 profit

By Reuters, GFM Network News December 3, 2019

Reuters — Canadian National Railway on Tuesday cut its adjusted profit growth target for 2019, citing shipment delays from the country’s largest rail strike in a decade that ended last week. Shares in CN, which counts billionaire Bill Gates’ investment firm as its biggest shareholder, fell almost two per cent in morning trading in both […] Read more

Livestock, Reuters

Maple Leaf profit misses estimates on weak pork prices

By Reuters, GFM Network News February 28, 2019

Reuters — Packaged meat producer Maple Leaf Foods missed analysts’ estimates for quarterly profit on Thursday, as weak pork prices offset growth in its prepared meats business. Pork prices have taken a beating from the Sino-U.S. trade war, with China’s retaliatory tariffs affecting demand from the South Asian country, which is the world’s biggest pork […] Read more

Hogs, Livestock, Reuters

Pork supply issues hit Maple Leaf’s Q1 ledger

By GFM Network News May 2, 2018

Reuters — Meat packer Maple Leaf Foods posted a smaller-than-expected quarterly profit as lower prices and a temporary interruption in supplies hurt sales of its pork products, sending its shares to their lowest in nearly two years. The company, one of Canada’s biggest pork processors, said that processed fresh pork sales were affected by a […] Read more

Crops, Machinery, Reuters

Canadian railways in catch-22 over crude shipment

By GFM Network News March 28, 2018

Reuters — Canadian railway operators see a lucrative opportunity to transport more crude oil to the U.S. as a rise in output forces producers to find new routes to its southern neighbour. However, their need for long-term contracts and the pressure to move a surplus of grains in the country is making it hard to […] Read more

A coffee planter shows his coffee plantation in a farm in Sao Desiderio, Bahia state, Brazil on March 21. (Photo: Reuters/Roberto Samora)

Crops, Reuters, Soybeans

Coffee may profit more than soy in Brazil’s new farming frontier

By GFM Network News March 27, 2018

Luis Eduardo Magalhaes, Brazil | Reuters –– Farmers tending vast, flat soy and cotton fields that spread as far as the eye can see in northeastern Brazil are finding that coffee crops might provide higher profits in the country’s agricultural frontier. More coffee farms are being developed in the western part of Bahia state, which […] Read more

Crops, Reuters

Monsanto surprises with adjusted profit as expenses drop

By GFM Network News October 5, 2016

Reuters — U.S. seeds and agrochemicals company Monsanto, which agreed last month to be bought by Germany’s Bayer for US$66 billion, reported a surprise adjusted profit, helped by a drop in expenses and higher corn seed volumes. Monsanto agreed in September to a sweetened $128-per-share offer from Bayer that, if approved by regulators, would create […] Read more

Crops, Features

Manage your fields like a business

Changing your thinking about your cropping plans can make you more money

By Lilian Schaer March 29, 2016

Farmers can make more money from their cash crops if they’re more selective about the land that they farm. This means focusing inputs and capital only on the most profitable areas of a field, limiting expenditures on under-performing areas — and perhaps taking some land out of agricultural production entirely. That was advice for growers […] Read more

Daily Network News

Canadian Agricultural HR Council gets federal funds for workforce development tools

Farm groups call on agriculture minister to pause federal research cuts

Feed grains weekly: Prices bump up

Tag Archives Profit

Deere bets on cost cuts, services push to boost profits

CN strike to weigh on railway’s 2019 profit

Maple Leaf profit misses estimates on weak pork prices

Pork supply issues hit Maple Leaf’s Q1 ledger

Canadian railways in catch-22 over crude shipment

Coffee may profit more than soy in Brazil’s new farming frontier

Monsanto surprises with adjusted profit as expenses drop

Manage your fields like a business

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