GFM Network News


JBS parent pleads guilty to U.S. foreign bribery charges

Reading Time: 2 minutes New York/Rio de Janeiro | Reuters — Brazil’s J+F Investimentos, parent company of the world’s largest meatpacker, JBS, pleaded guilty to U.S. foreign bribery charges and agreed to pay US$128.25 million in criminal fines, prosecutors said on Wednesday. J+F is paying only half of the $256.5 million fines levied due to settlements made with Brazilian […] Read more

Briggs + Stratton filing for reorganization, courting buyers

Stalking-horse deal in place with private equity firm

Reading Time: 2 minutes U.S. outdoor power equipment maker Briggs + Stratton has locked in a stalking-horse buyer for its assets as it seeks a court-supervised reorganization. The Milwaukee-based company announced Monday it has a stock and asset purchase agreement in place with New York private equity firm KPS Capital Partners, best known as an investor in manufacturing companies. […] Read more


AgDealer offers online equipment financing, shipping tools

Reading Time: < 1 minute Canada’s biggest used farm equipment shopper publication has added tools to link prospective buyers to options for payment plans and shipping. AgDealer on Monday announced “major enhancement(s)” at its AgDealer.com site, where each equipment listing will include buttons linking to tools from CWB National Leasing and Trusted Dispatch. The online tools allow AgDealer.com users to […] Read more

Margarita Louis-Dreyfus seals share buyout

Reading Time: 2 minutes Paris | Reuters –– Margarita Louis-Dreyfus has completed a purchase of minority shares in agricultural commodity trader Louis Dreyfus Company, ending a long-running tussle with other family members. The buyout was completed on Jan. 25 and increased the stake of Margarita Louis-Dreyfus’ Akira trust to 96.2 per cent of Louis Dreyfus Company Holdings B.V., she […] Read more


Paying cash makes him more aware of costs, says Drew Fowler. “It’s easy to put something on credit.”

The critical role of cost control on the farm

Guide Thrive 2015: Upgrading your planning, tracking and benchmarking processes isn’t always easy, but it can put you in charge of your farm’s future

Reading Time: 5 minutes Forget good luck. As a strategy, it obviously has its weaknesses. Worse, it takes your eye off the factor that really makes a difference — how good you are at tracking and managing your costs. If there’s any luck involved in that, says Drew Fowler of Eyebrow, Sask., it’s a word that never comes to […] Read more

Sometime in the last seven years, land prices and rental rates got seriously decoupled.

Sharpen your pencils

It’s time for a hard look at your rental land. How much does it make sense to pay?

Reading Time: 5 minutes I know I’m not alone. the squeeze is on all across Canada, and everyone can point to sets of numbers like the ones I’m looking at in Ontario, with a short 2014 growing season and with off-the-combine corn well below $4 per bushel. So Country Guide asked the Ontario ag ministry’s farm business analyst John […] Read more