SAO PAULO, Brazil — Brazilian meat packer JBS expects its core earnings this year to reach as high as US$6.75 billion on net revenue of $76.5 billion, the company said in a recent securities filing. In its filing, JBS forecasted 2024 adjusted earnings before interest, taxes, depreciation and amortization (EBITDA), a measure of core profitability, […] Read more
Tag Archives profitability
University’s net-zero research receives federal funding
Research project at the U of M will receive $7.6 million in funding to explore how net-zero farming can be made realistic
Glacier FarmMedia – The University of Manitoba is getting $7.6 million in federal funds to study net-zero farming systems. The Sustainable Agriculture Initiative Grant will be disbursed over four years and aims to identify strategies to support the Canadian agricultural sector as it moves to a net-zero economy. The federal government has established a goal […] Read more
Producer profitability wanes in the grain sector
Each year, every farm has successes and failures and grain prices always fluctuate, but the good times appear to be waning. We each play the hand we’re dealt and spend most of our time looking forward rather than back, but in most cases, profitability has eroded quite dramatically over the past several years. Perhaps some […] Read more
Farmland transaction numbers down this year
FCC says producers are worried about commodity prices, input costs and interest rates, which could hurt farmland values
UPDATED: Farmland values chart added September 12, 2024 – 1030 CST – WINNIPEG — Less farmland has been bought and sold in Canada this year. Prices haven’t dropped, but the lack of transactions is a signal that demand is softer, says the chief economist at Farm Credit Canada. FCC will release its official estimates of […] Read more
Pre-harvest prep needs herbicide management
Verify product acceptance with buyers because even registered products may not be acceptable in certain markets
Glacier FarmMedia – With harvest on the horizon or already underway, pre-harvest management strategies are useful to maximize yield. To achieve crop dry-down, weed control and facilitate timely harvesting, product choice is important. Many generic products are available, but Manitoba Agriculture weed specialist Kim Brown recommends using brand-name products such as Roundup, Heat or Reglone, […] Read more
Peer power and professional precision can lead to success
In the dynamic and fast-changing world of agricultural production, successful farm management increasingly relies upon a combination of traditional wisdom and innovative strategies to improve business results and viability. Across the industry, farm management consultants are providing expert advice to farms on optimizing operations and financial and resource management. They’re helping to improve efficiency, profitability […] Read more
Production per acre called best focus
A cattle producer says the most profitable ranches make the most efficient use of the available forage on their operation
Glacier FarmMedia – Which is more important, increasing profits or production? This is the question rancher and seedstock producer Kit Pharo posed at a recent holistic management gathering in Valleyview, Alta. Pharo has strong opinions and speaks his mind. “I may not always be right, but I am never in doubt,” he says. Pharo thinks […] Read more
Grain growers present Ottawa with policy suggestions
The Road to 2050 document was developed with grain farmers across Canada as part of national net-zero plan
REGINA — Grain Growers of Canada has released its recommendations to the federal government on how it can help farmers be both profitable and sustainable. The Road to 2050 for Canada’s Grain Sector was two years in the making as the organization consulted with its members and agreed on 10 policy recommendations. It was initiated […] Read more
Speculation about farmland ownership is running hot
WINNIPEG — Ted Cawkwell has been in the real estate business for 12 to 13 years, specializing in Saskatchewan farmland. Back in the early 2010s, it was obvious to Cawkwell and others that shady and illegal purchases of farmland were taking place in the province. Related story: Sask. watchdog monitors farmland ownership regulations “It was […] Read more
Prairie crop profitability picture changes focus
According to a recent profitability analysis by Rayglen Commodities of Saskatoon, lentils have the potential to be a top money earner for the upcoming growing season while flax, soybeans and fababeans are at the bottom of the list. Changing price projections have altered the expected profitability for many crops over the past couple months. Saskatchewan […] Read more
