Insights and Stories on Profit

Feb. 9, 2021 at 8:53 pm CST

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 demand for cannabis products helped narrow third-quarter losses. Canadian pot producers have been under pressure from investors seeking returns as […]

By Reuters

Jan. 26, 2021 at 8:38 pm CST

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 environmental factors have all affected the long-term prospects of the crop at home and abroad, according to Colin Young of […]

By Adam Peleshaty

Oct. 29, 2020 at 6:57 pm CDT

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 analysts’ expectations and net earnings attributable to the company were 44 per cent lower than a year earlier. Shares were […]

By Arundhati Sarkar, Tom Polansek

Oct. 29, 2020 at 3:01 am CDT

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 robust demand for soy products boosted its core agribusiness segment. Bunge shares rose almost seven per cent to their highest […]

By Arunima Kumar, Karl Plume

Aug. 27, 2020 at 1:58 am CDT

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 said it was on track to complete its public listing by mid-2022. The Swiss company, bought by state-owned ChemChina for […]

By Reuters