The semiconductor chip shortage plaguing automotive and equipment manufacturers may last into the second and even third quarters of the year, farm equipment retailer Cervus Group says. Calgary-based Cervus — […] Read more
Tag Archives profit
Cervus expects chip shortages may continue into fall
Deere dealer chain books increased Q1 profit
CP CEO rules out raising Kansas City Southern bid
CP's first-quarter profit climbs
Reuters — Canadian Pacific Railway CEO Keith Creel said Wednesday the company will not raise its bid for U.S. railroad Kansas City Southern, saying bigger rival Canadian National’s offer is […] Read more
Nutrien beats profit expectation on strong potash sales
Reuters — Canadian fertilizer maker Nutrien posted fourth-quarter profit above analysts’ estimates on Wednesday as potash demand rose amid rising crop prices, sending its U.S.-listed shares up in extended trade. […] Read more
Pot producer Canopy Growth sees profit in 2022
Costs cut, revenue increasing
Reuters — Canopy Growth Corp., the world’s largest pot producer, said on Tuesday it expects to turn a profit in the second half of 2022 after aggressive cost-cutting and higher […] Read more
Pulse weekly outlook: Adversity bolsters chickpea bids
'Other crops just pencil in better'
MarketsFarm — Canadian chickpea prices have either stayed firm or slightly went up as the pulse runs into more than its fair share of adversity. Limited supply, reduced demand and […] Read more
ADM beats profit estimates but revenue disappoints
Reuters — Global grains trader Archer Daniels Midland beat Wall Street estimates for quarterly profits on Thursday, helped by strength in its grain milling and nutrition businesses. Still, revenue missed […] Read more
Bunge lifts outlook as quarterly profit nearly doubles
Reuters — Agricultural commodities trader Bunge Ltd. raised its 2020 outlook after reporting a 91 per cent jump in adjusted third-quarter profit on Wednesday, as strong soy processing margins and […] Read more
Syngenta says IPO ‘on track’
Ag chem firm books higher first-half profit
Zurich | Reuters — Agricultural chemical maker Syngenta posted higher first-half profit and sales on Thursday, helped by maintaining supplies to farmers and controlling costs during the coronavirus outbreak, and […] Read more
JBS to resume U.S. share listing plan after COVID-19 fallout
Management looking also for US$100 million in cost cuts
Sao Paulo | Reuters — Brazil’s JBS SA is reviving plans to list shares on Wall Street after dealing with the COVID-19 pandemic’s fallout, CEO Gilberto Tomazoni said on Friday, […] Read more
Nutrien cuts profit forecast on weak ammonia prices
Reuters — Canadian fertilizer maker Nutrien on Monday cut its annual adjusted profit forecast as weaker-than-normal industrial demand held back prices for ammonia and urea ammonium nitrate. The company cut […] Read more
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