Reuters — About 5,000 General Motors salaried workers took buyouts to leave the company, putting the company well on the way to hitting a US$2 billion cost-cutting target, the automaker’s […] Read more
Tag Archives costs

GM buyouts cut 5,000 jobs, CFO says
Not much more room seen to raise prices

British milk sours amid labour crisis
London | Reuters — Some British dairy farmers have been forced to destroy tens of thousands of litres of milk due to rising costs, labour shortages and an acute deficit […] Read more

‘Perfect storm’ causes fertilizer price spikes
'Most of us are in a "wait-and-see" position'
MarketsFarm — Fertilizer prices have increased over the past year, but could be headed even higher as a recent confluence of events has caused a shortage — the effects of […] Read more

Saskatchewan ranchers backed for runoff control
Funding on offer for earth-moving work
Cow-calf producers in Saskatchewan may be able to get cost-shared funds from the federal/provincial Farm Stewardship Program to build ponds, ditches, dikes or berms to collect or manage runoff. The […] Read more

Feed weekly outlook: Rising costs cut into cattle profits
MarketsFarm — Strong demand for beef has kept fed cattle prices in Western Canada well supported, but high feed grain prices continue to cut into profits in the feeder sector, […] Read more

Canopy Growth to move U.S. listing to Nasdaq
Canadian cannabis company minding expenses
Reuters — Canadian pot producer Canopy Growth said on Tuesday it would move its U.S. stock listing to the Nasdaq, following rival Aphria in favouring the exchange’s “cost-effectiveness.” Canopy’s U.S. […] Read more

Machinery costs driving up fixed farming expenses
MarketsFarm — Fixed costs on farms continue to rise year-over-year, a statistic largely attributed to increasing land values and interest rates. At the beginning of 2019, Farm Credit Canada (FCC) […] Read more

Prairie provinces react to Bibeau’s questions on carbon price impact
Ottawa — The Saskatchewan and Manitoba governments continue attempts to convince the federal government’s carbon pricing program puts farmers at a disadvantage. Federal Agriculture Minister Marie-Claude Bibeau recently suggested the […] Read more

AgriRecovery in place for farms in B.C. wildfire zones
Farmers and ranchers whose operations were hit or evacuated during British Columbia’s particularly destructive wildfire season can expect up to $20 million in AgriRecovery funds toward repair, rebuilding and livestock […] Read more