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“Producers are in “a pretty tough situation,” says Saskatchewan feeder Chad Ross.
Beef Cattle, Guide Business

The challenge for Canadian beef

Battling through hard times in the beef industry

By
Reading Time: 5 minutes The 2020 pandemic has caused major disruptions in the Canadian beef industry, but with demand for their products remaining steady, producers are hopeful their businesses will survive through to the new year. “A lot of producers are in a pretty tough situation,” says Chad Ross, president of the Saskatchewan Cattle Feeders Association and owner of […] Read more
Machinery, Reuters

CNH Industrial guides for revenue fall up to 20 per cent

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Reading Time: < 1 minute Milan | Reuters – Vehicle and equipment maker CNH Industrial posted a narrower-than-expected second quarter loss on Thursday and forecast net sales from industrial activities would fall between 15-20 percent this year, as a consequence of the COIVD-19 epidemic. In March the group, which is controlled by Exor, the holding company of Italy’s Agnelli family, […] Read more
Reuters

JBS invests $19-million in safety measures amid COVID-19 pandemic

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Reading Time: 2 minutes Sao Paulo | Reuters –Brazilian food processor JBS SA has invested more than 100 million reais ($19.3 million) in health, safety and contingency measures at all its Brazilian production units, according to a Wednesday company statement that comes as the novel coronavirus continues to ravage local meat plants. The company said the funds were invested […] Read more
Markets, Reuters

Bunge raises outlook as agribusiness profits beat Wall Street estimates

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Reading Time: 2 minutes Reuters – Agricultural commodities trader Bunge Ltd on Wednesday raised its full-year outlook after its second-quarter profit handily beat Wall Street estimates, sending shares up more than 5 percent in premarket trading. Despite a worsening coronavirus pandemic that has rattled global markets, strong soy processing margins in South America, Europe and Asia and accelerated crop […] Read more
The federal government has made a number of announcements during the COVID-19 pandemic aimed at supporting agriculture and addressing food security concerns.
News

More COVID support needed: study

Agriculture funding has challenges beyond pandemic needs

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Reading Time: 3 minutes Glacier FarmMedia – A new report by the University of Calgary’s School of Public Policy says the level of federal government support offered to Canada’s agriculture sector during the COVID-19 pandemic has been inadequate. Ottawa should take additional steps to reduce the financial burden on farmers by providing additional financial assistance, ensuring a more stable […] Read more
General, Reuters

Feds proposing to expand wage subsidy program

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Reading Time: < 1 minute Ottawa | Reuters — The Canadian government wants to expand an emergency wage subsidy program so that all businesses suffering losses from the COVID-19 outbreak will benefit, Finance Minister Bill Morneau said on Friday. Morneau told a news conference that Ottawa would drop an earlier requirement stipulating that businesses needed to show a 30 per […] Read more
As with many businesses, Danielle French’s path to success wasn’t exactly straight.
Guide Business

Turning the dream into reality

Danielle French’s customers promote South Pond Farms, making this a social media success and a profitable farm venue

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Reading Time: 7 minutes “One thing led to another,” Danielle French tells me. You wouldn’t guess it from meeting her. French has transformed a rundown 60-acre property into a highly acclaimed events venue hosting weddings, workshops and farm-to-table dinners. She’s super-organized, super-efficient and bursting with great ideas, and it seems impossible that anyone could have achieved all that without […] Read more
Markets, Reuters

Corteva signals hit from delayed planting in Brazil, slowing China

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Reading Time: 2 minutes 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
Reuters

Corteva shares rise as profit beats on international markets

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Reading Time: 2 minutes 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

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