Business Archives - Page 8 of 51 - Manitoba Co-operator

Price hikes help McDonald’s beat back inflation, costs from Ukraine war

By Hilary Russ, Uday Sampath Kumar May 10, 2022

Reuters – Menu price hikes and a new loyalty program helped McDonald’s beat estimates for quarterly sales and profit April 28, despite inflationary pressure on consumers, the war in Ukraine and COVID-19 lockdowns in China. Pinched by higher costs for gas, rent and groceries, lower-income customers are starting to buy cheaper or fewer McDonald’s menu

Markets

ADM, Bunge expected to post strong results as Ukraine war ignites demand

By GFM Network News, Karl Plume April 25, 2022

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

Op/Ed, Opinion, Other

Opinion: A broken system

Supply chain fragility reveals overall economic fragility of globalization

By Alan Guebert March 30, 2022

One of the most beautiful – and inexplicable – aspects of economics is how its practitioners never seem to be wrong. Indeed, almost every school of economic thought, from John Maynard Keynes’ demand-driven economics on the left to Arthur Laffer’s supply-side economics on the right, is crowded with disciples defending their leader’s theories and just

A woman holds a sign during a protest against Russia's invasion of Ukraine, at Trafalgar Square in London, Mar. 4, 2022.

Comment, Op/Ed

Comment: Playing Russian roulette with food security

Sanctions should hurt the Russian government, not the Russian people

By Sylvain Charlebois March 28, 2022

With war comes economic sanctions. Instead of sending troops to fight the old-fashioned way, wars are fought with money, literally, and the invasion of Ukraine by Russia is no exception. The United States, the United Kingdom, Australia, Japan, the European Union, Turkey, and a few more countries have sanctioned Russia, in one way or another.

Grunthal artisan Karen Enns stands with items of clothing she made at the One Year One Outfit exhibit on February 25.

Farmit Manitoba, Other

VIDEO: One Year One Outfit Challenge connects people to land, textiles, each other

Knitters, sewers, weavers could only use locally grown materials to construct clothing

By Geralyn Wichers March 14, 2022

A lamb is born prematurely on a Manitoba sheep farm. It weighs only a pound. To survive, the lamb will need round-the-clock care — more care than the farmer has bandwidth to give, so a woman named Nicole takes the tiny critter home. She and her son put a diaper on the lamb and take

Markets, News

Beyond Meat shares fall on lower-than-expected revenue forecasts

By Praveen Paramasivam March 7, 2022

Reuters – Beyond Meat forecast annual revenue below estimates February 24, as the plant-based business pioneer wrestles with labour and supply chain disruptions and faces stiff competition in the United States. The plant-based meat space has become crowded in recent years with more traditional names, including Tyson Foods and Kellogg entering the fray and offering

Shannon Hayes farms with her family in New York state and is the author of Redefining Rich and six other books.

Farmit Manitoba, News

Direct-market farmers on diversifying without sapping the joy from farming

Beat burnout by making decisions based on the quality of life you want, says author, farmer and chef, Shannon Hayes

By Geralyn Wichers February 22, 2022

How do you know when you’ve over-diversified the farm? The question came up during the Direct Marketing Conference, held virtually February 3-5 during a panel on diversification led by three farming women. Lourdes Still farms flowers she turns into dye for lavish wearable art and experiential tourism. Anna Hunter raises sheep, mills wool, and teaches

News

General Mills misses quarterly profit estimates

By Reuters January 7, 2022

General Mills Inc. missed Wall Street estimates for quarterly profit Dec. 21, as the Cheerios cereal maker grappled with soaring prices of raw materials and higher costs of freight and labour. Shares of the Minneapolis, Minnesota-based company were down about four per cent in pre-market trade. Prolonged supply chain disruptions and a shortage of truck

News

France’s InVivo aims to become top world malt producer

Company aims to double size of malt business with help of new investors

By Sybille De La Hamaide December 31, 2021

Reuters – InVivo aims to become the world’s largest producer of malt within five years, supported by new investors after it completed the acquisition of agribusiness peer Soufflet, its chief executive said Dec. 9. The takeover, which values Soufflet at 2.2 billion euros (US$2.5 billion), will give rise to a group with nearly 10 billion euros in sales from

A Canadian Agricultural Human Resource Council report indicated that over 40 per cent of farms were understaffed in 2020.

Comment, Op/Ed, Other

Comment: Solving the ag-labour crunch

The agriculture sector will need a united effort to address this issue

By Cam Dahl December 15, 2021

The availability of labour is a critical factor in determining the long-term growth and profitability of Canadian agriculture. The ongoing viability of many farm businesses will be determined by labour. Farms, rural communities, value-added processing, and key support sectors like transportation, are all struggling to find and keep staff. This is not a new story,

Daily Network News

U.S. grains: Soy hits 17-month high, corn to four-month top as trade braces for U.S. data

Federal budget shows remaining disconnect between agriculture, policymakers, panelists say

U.S. livestock: Cattle futures continue downward

Tag Archives Business