Reading Time: < 1 minute Bengaluru | Reuters – Corteva Inc CTVA.N on Thursday raised its full-year sales and profit forecasts as the crop protection products maker benefits from surging demand from farmers looking to cash in on higher prices since the Ukraine war. The company, which reported a 14 percent jump in second-quarter operating earnings, also unveiled plans to exit some […] Read more
Corteva raises forecast as demand for seeds, crop protection products booms
Bayer’s agriculture unit, consumer health drive outlook hike
Reading Time: < 1 minute Frankfurt | Reuters – Agriculture and pharmaceuticals company Bayer BAYGn.DE on Thursday lifted its 2022 earnings guidance on strong demand from farmers for its seeds and crop chemicals and higher sales of consumer health products. Bayer is now targeting earnings before interest, taxes, depreciation and amortisation (EBITDA), adjusted for special items, of about 13 billion […] Read more
Mosaic sees fertilizer demand supported by tight crop supplies into 2023
Reading Time: < 1 minute Reuters – Mosaic Co MOS.N said on Monday it expects tight grain and oilseed markets into 2023, encouraging the continued use of fertilizers despite their surging costs. “The war in Ukraine, high temperatures in North America and Europe, and developing drought conditions in parts of South America highlight the risk for reduced yields globally,” Mosaic said. […] Read more
CNH Industrial beats profit estimates, confirms outlook despite recession fears
Reading Time: 2 minutes Milan | Reuters – Agricultural and construction machine maker CNH Industrial CNHI.MI beat estimates on Friday with a 14 percent rise in industrial operating profit in the second quarter and confirmed its full year outlook despite bracing for a global recession. “Whether we face a global recession in 2023 is up for debate, but we […] Read more
Is Canada’s coming Indo-Pacific strategy too little, too late?
Canada has high hopes to grow its agriculture trade in the Indo-Pacific region, but strategists say Canada must look beyond trade or face continued irrelevance
Reading Time: 5 minutes Glacier FarmMedia – If Canada wants to continue to grow its agriculture trade in one of the fastest growing regions of the globe, it needs a new strategy. It needs to reconsider its ‘trade mission’ diplomacy strategy in the Indo-Pacific region and become relevant to the countries there. “Economic interests can no longer be separated […] Read more
ADM, Bunge expected to post strong results as Ukraine war ignites demand
Reading Time: 2 minutes Chicago | Reuters – A string of strong quarterly profits by global agribusinesses Archer-Daniels-Midland Co ADM.N and Bunge Ltd BG.N likely continued in the first quarter despite surging crop costs and global supply chain disruptions triggered by Russia’s invasion of Ukraine, analysts said ahead of earnings releases this week. Both companies capitalized on good oilseed […] Read more
Click your way to success
This free online course promises it will open new business options for you and your farm
Reading Time: 3 minutes A new, online farm management program has come to Canada with a mission to help more Canadian farmers get equipped with the knowledge and confidence to take their businesses to the next level. The University of Guelph has collaborated with RBC Royal Bank and Farm Credit Canada to launch theFoundations in Agricultural Management certificate program, […] Read more
CNH revs up its strategic plan
CNH Industrial’s new CEO sets a direction he thinks farmers will want to buy into
Reading Time: 6 minutes When a new executive takes over a major corporation, it’s no surprise that a new strategic plan gets announced within a few months. The plan becomes a road map of sorts, revealing the new boss’s objectives and vision for the future. A new broom sweeps clean, as the old proverb says, and it’s what these […] Read more
Building a knowledge base for your farm team
For today’s farmers, the top question to ask your farm business advisor may be, “Who else are we bringing in on my job?”
Reading Time: 6 minutes Independence has always had its limits. Farmers have always enlisted off-farm experts to help solve tough production issues, and they’ve always kept their ears open when they’ve met with their bookkeepers or bank managers. But times have sped up. Today’s farms, whether small, medium or large, are complex operations that require a team to help […] Read more
Making Numbers Count
Guide Books Review: The art and science of communicating numbers
Reading Time: 3 minutes Making Numbers CountBy Chip Heath and Karla Starr (Simon & Schuster) Okay, let’s have a show of hands. How many of us have ever said we’re just not “numbers” people? I have, many times. I do get their inherent value, but I have to admit sometimes I have struggled to see the totality of what […] Read more
A message from April Stewart, Country Guide's Associate Editor
