Nobody’s expecting to make big profits in 2024-25, but that’s no reason to think some profitability can’t be squeezed out of this lemon. As Jenessa Peristerakis of Cargill said to growers at St Jean Farm Days Jan. 11: “There will be opportunities in bear markets.” There always are. So how do you set yourself up […] Read more
Tag Archives profitability
Profitability of cattle unlikely to spur expansion
Previously unimaginable, 550 to 600-pound steer calves seem destined to fetch more than $2,000 each during the fall calf run. Unfortunately, this newfound profitability in the beef sector is unlikely to reverse the steady erosion of cattle numbers in Western Canada. Even with heifer calf prices somewhat lower than steers, selling 300 calves this fall […] Read more
Making more money doesn’t always fix financial problems
There are a couple of principles that apply to many situations on farms. The first is that you can’t borrow yourself out of a problem and can’t borrow yourself to profitability. The second being that focusing on driving revenue growth alone, without attending to all the other aspects of the business, will not necessarily solve […] Read more
Profitability has been squeezed but situation not terrible
If the world remains more concerned about a recession than it does about hunger and higher food prices, farmers might have to wait through some glum months of disappointing prices and high costs until there’s better profitability.
But if those tightening stocks keep getting tighter, farmers’ profitability situation might get brighter in a hurry.
Smaller cows lead to larger profit
The Canadian Cow-Calf Cost of Production Network’s three-year benchmarking project has found that cow size matters
Brenna Grant, executive director of Canfax, said the herds with smaller cows had lower cash and feed costs.
