Reading Time: 3 minutes 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
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
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
Reading Time: 3 minutes 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
Reading Time: < 1 minute 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
Free business analysis for dairy producers
Reading Time: < 1 minute Enrolment is now open for the Dairy Cost Study, which offers free business analysis for participating Alberta dairy farmers. Participants provide farm information over the course of a year, which is then compiled to create a business analysis on the cost and returns of producing milk at their farm. Individual data is kept confidential but […] Read more
Corteva signals hit from delayed planting in Brazil, slowing China
Reuters – Corteva Inc said on Thursday demand for grains and oilseeds could be hit by a delayed soybean planting in Brazil and cooling growth in China and emerging economies, sending its shares down 8 percent. Persistent dry weather has pushed out soybean planting and the use of crop protection products in Brazil, the world’s top […] 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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Cyber-Savvy Farmer
