GFM Network News

When margins are tight, you need to know where you stand

When margins are tight, you need to know where you stand

Calculating your current ratio will tell you if you’re in good shape — or if trouble is heading your way

Reading Time: 2 minutes Commodity prices and the weather have been volatile and expenses are trending upwards because of a weaker Canadian dollar — so now is a good time to review your marketing plan. “If you aren’t paying attention to your marketing plan or don’t have one, you may find yourself with a reduced margin,” said provincial financial […] Read more

Crop prices to stay under pressure

Commodity News Service Canada – North American farmers hoping for weak commodity prices to right themselves could be waiting for quite a while, according to one of the speakers at the Cereals North America conference going in Winnipeg this week. Dan Basse, president of AgResource, said  currency issues are making life very profitable for farmers […] Read more

Any delays to seeding due to spring rain aren’t expected to be as prolonged as last year’s, Drew Lerner told farmers in Regina. (Leeann Minogue photo)

Minogue: Optimism reigns at FCC outlook meeting

Regina — Despite commodity prices down off recent highs, resurgent transportation problems and crop disease issues across the Prairies, farmers heard all good news at Farm Credit Canada’s Ag Outlook 2015 conference here Tuesday. “The sky’s not falling,” said J.P. Gervais, chief ag economist for Regina-based FCC. Actually, he said, things are pretty good. If […] Read more

Clogged rail network could impact last-minute fertilizer deliveries

The fertilizer bill should be lower this year, but the transportation system may not be able to accommodate a late surge in delivery orders

Reading Time: 2 minutes Cash flow or storage concerns causing you to hold off on booking fertilizer? That could be a costly move if you wait too long. “With the way the commodities have tailed off in the last few months, some guys may be looking to push (fertilizer purchases) back a bit due to cash flow concerns,” said […] Read more