third quarter Archives

Third-quarter profit plunges for JBS

Low U.S. pork prices, beef margins and global chicken glut cited

By GFM Network News November 13, 2023

Sao Paulo | Reuters — JBS SA, the world’s biggest meatpacker, reported an 86 per cent drop in third-quarter net income compared to a year ago on Monday, sliding to around 573 million reais (C$166.3 million). Net income was under the LSEG consensus forecast of 724 million reais, and far below the whopping four billion-real […] Read more

Crops, Markets, Reuters

Bunge lifts outlook as quarterly profit nearly doubles

By GFM Network News October 29, 2020

Reuters — Agricultural commodities trader Bunge Ltd. raised its 2020 outlook after reporting a 91 per cent jump in adjusted third-quarter profit on Wednesday, as strong soy processing margins and robust demand for soy products boosted its core agribusiness segment. Bunge shares rose almost seven per cent to their highest level in more than a […] Read more

Crops

CN, CP set third-quarter records for grain movement

By MarketsFarm Team, GFM Network News October 5, 2020

MarketsFarm — Canada’s big two railways again reported moving record amounts of Canadian grain during the third quarter of 2020. Canadian National Railway (CN) reported Monday it had shipped 7.76 million tonnes of grain by rail, and Canadian Pacific Railway (CP) said Friday it had moved 7.72 million tonnes. For CN that not only marked […] Read more

Crops

Third-quarter grain handle down for CN, CP

By GFM Network News October 24, 2019

Canada’s Big Two railways both booked reduced traffic but increased their revenue per carload in their grain handling segments for their third fiscal quarters ending Sept. 30. Canadian National Railway on Tuesday reported third-quarter net income of $1.195 billion on $3.83 billion in total revenues, up from $1.134 billion on $3.688 billion in the year-earlier […] Read more

Canola, Crops, Markets

Input Capital cuts costs as delayed sales lift Q3 profit

By GFM Network News August 13, 2019

A hostile canola export market has left “commodity streaming” firm Input Capital paring back its staff count and halting its sales and marketing efforts. The publicly traded Regina company on Tuesday booked adjusted net income of $1.06 million on $4.95 million in adjusted total revenue for the quarter ending June 30, up from about $249,000 […] Read more

Crops, Machinery

Grain handle down slightly in record quarter for CP

By GFM Network News October 29, 2018

Grain carloads were marginally fewer but grain revenue per carload climbed 10 per cent to help Canadian Pacific Railway to its highest quarterly revenue ever. Calgary-based CP on Oct. 18 booked net income of $622 million on $1.898 billion in revenues — its “highest ever (revenues) for any quarter” — in its third quarter ending […] Read more

Crops, Machinery

Grain handle helps lift CN quarterly revenue

By Grainews Staff, GFM Network News October 27, 2017

An increase in Canadian grain traffic helped support Canadian National Railway’s third-quarter revenues, though the costs of increased traffic ate at its bottom line. Montreal-based CN on Tuesday reported net income of $958 million on total revenues of $3.221 billion for the quarter ending Sept. 30, down from $972 million on $3.014 billion in the […] Read more

Hogs, Livestock, Pulses, Reuters

Maple Leaf Q3 profit beats on overall sales growth

By Reuters, GFM Network News October 26, 2017

Reuters — Maple Leaf Foods, one of Canada’s biggest pork processors, posted a quarterly profit that beat analysts’ estimates, helped by growth across all its businesses. The company, whose brands include Schneiders, Maple Leaf and, since March, Lightlife, said adjusted operating earnings rose to $65.15 million in the third quarter from $61.52 million a year […] Read more

Crops, Machinery

CP’s third-quarter grain handle down

By Grainews Staff, GFM Network News October 17, 2017

“Volume momentum” in its third quarter has Canadian Pacific Railway looking forward to a rosier year-end ledger, though its grain traffic for the quarter dragged on that momentum. Calgary-based CP on Tuesday reported net income of $510 million on $1.595 billion in revenues for the third quarter ending Sept. 30, up from $347 million on […] Read more

Livestock, Reuters

Cargill’s Q3 profit up on ingredient, protein demand

By GFM Network News March 29, 2017

Chicago | Reuters — Global commodities trader Cargill reported a higher quarterly profit on Wednesday as strong earnings from its food ingredients and protein units more than offset lagging results from South American grain trading and processing. The privately held company has been streamlining its operations to focus on higher-margin businesses such as food ingredients […] 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

Alberta crop conditions improve: report

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

U.S. livestock: Cattle strength continues

Tag Archives third quarter

Third-quarter profit plunges for JBS

Bunge lifts outlook as quarterly profit nearly doubles

CN, CP set third-quarter records for grain movement

Third-quarter grain handle down for CN, CP

Input Capital cuts costs as delayed sales lift Q3 profit

Grain handle down slightly in record quarter for CP

Grain handle helps lift CN quarterly revenue

Maple Leaf Q3 profit beats on overall sales growth

CP’s third-quarter grain handle down

Cargill’s Q3 profit up on ingredient, protein demand

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