GFM Network News


Young folks are willing to be part of a long day, but maybe not the whole of it. This may require two people with a flexible schedule to fill one job description.

The all-too-common pitfall of successful businesses

Growth brings rewards but also stretches the founder — especially if he or she hasn’t developed their team

What does success look like to you? For many, success is measured in terms of net profit, wealth or an accumulation of assets. For others, it is the ability to put children through school, travel or to own a cabin. However measured, success is often tied to money and people. In my Nuffield travels and […] Read more

Are you prepared to deal with tougher times on your farm?

Know your current ratio, honestly estimate your gross revenue, and be ready to talk to your lender, says adviser

Managing your financial risk is a little like skinny-dipping — you’ve got to protect your assets, and that’s hard to do when you’re not covered. “When the tide goes out, everybody can see who’s swimming naked,” said MNP agricultural tax specialist Rob Strilchuk (quoting Warren Buffett). “We had a lot of good years, but when […] Read more


New dairy-processing plant to be built in Alberta

The Western Milk Pool, which represents dairy producers in Western Canada, will build a new dairy concentration facility. Construction of the Dairy Innovation West plant will begin in April and is expected to be completed by March 2021. The facility will be located near Lacombe and Red Deer. The state-of-the-art facility, the first of its […] Read more




Corteva shares rise as profit beats on international markets

Reuters – Pesticide and insecticide maker Corteva Inc’s quarterly profit beat estimates as volumes and prices in its international markets rose more than expected, sending its shares up more than 8 percent . Investors cheered Corteva’s upbeat numbers, its first after separation from DowDupont in June, as they were a rare bright spot among agricultural […] Read more


Six traits of highly effective leadership

If we want to generate a higher return on investment (ROI) on our leadership, describing how leadership can be developed and characterizing why leadership is effective are all well and good, but what do highly effective leaders do? How do they behave? What fundamental abilities do they possess that enable them to achieve the kind[...]
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JBS shareholder Batista arrested in food sector corruption investigation

Rio de Janeiro | Reuters – Brazilian police arrested one of the controlling shareholders of meatpacker JBS SA on Friday in connection with an ongoing police inquiry into illegal campaign contributions while a local news outlet reported two former agriculture ministers were also arrested. A member of JBS’ controlling family Joesley Batista is expected only to[...]
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Construction resumes at Portage pea plant

CNS Canada – More than a year after the ground breaking ceremony was held for Roquette’s pea-processing plant at Portage la Prairie, Man., construction resumed on it at the end of October. According to a company spokesperson construction was halted last spring “to adjust and fine tune the project.” ”We took the opportunity to include[...]
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Louis Dreyfus top shareholder gets finance to buy out minorities

Paris | Reuters – Margarita Louis-Dreyfus, top shareholder of commodity giant Louis Dreyfus Company (LDC), said she had secured financing for a deal that requires her to buy out family minorities, a move that has created uncertainty over the firm’s funding. Minority family shareholders asked in 2015 to sell 16.6 percent of LDC’s holding company[...]
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