Pork exports contribute to Smithfield's profit comeback Tuesday, May 31, 2011 Smithfield Foods Inc., based in Virginia, cites pork exports to Canada, along with other countries, as contributing to quarterly earnings that far exceeded expectations.In the quarter ending in January, Smithfield, the world's largest pork producer, exported 24 per cent of its production. According to published reports, chief executive Larry Pope credited double digit increases in sales to Japan, China Korea and Canada. As a result, Smithfield revenue rose 10 per cent to $3.19 billion, above the $3.16 billion average analyst forecast. The hog production unit still lost money, but it was only $2.3 million compared to $78.3 million a year before as higher hog prices made up for expensive feed.Across the industry, Pope said when announcing the company's financial situation, "supply and demand are in balance."Smithfield said it reduced its debt by $913 million by January, bringing its total debt level to $2.1 billion. BP Countering the 'meatless' weight loss theory Angry exchange on British pork prices
Poll shows Canadians support supply management Monday, April 20, 2026 Canadians are in favour of supply management, a new poll shows. A Nanos poll commissioned by Dairy Farmers of Canada surveyed 1,099 people between March 31 and April 4, asking participants about the topic and others related to ag. When it comes to supporting the “general objectives” of... Read this article online
Ag in the House: April 13 – 17 Monday, April 20, 2026 Agriculture Minister Heath MacDonald attended question period last week where he fielded a question about business investments in Canada. Michael Guglielmin, the Conservative MP for Vaughan—Woodbridge, cited a report from the Canadian Federation of Independent Business indicating that for... Read this article online
Prairie Swine Centre celebrates 35 years of driving innovation Friday, April 17, 2026 Over that time, the centre has evolved into one of Canada's premier swine research facilities, delivering practical, industry-focused research that strengthens the financial position of pork producers while advancing animal welfare and environmental sustainability across the Saskatchewan and... Read this article online
Claas Expands Midwest Presence to Support Farmers Friday, April 17, 2026 Global equipment maker grows dealer and service network across the Dakotas Claas, a global agricultural equipment company, is expanding its operations in the Midwest to better serve farmers and ranchers. Although the brand is not always part of common “red or green” equipment... Read this article online
Canadian Farmland Values Rise Faster Than US Thursday, April 16, 2026 FCC analysis highlights rising land costs and growing affordability pressure Farm Credit Canada has released a new economic analysis that sheds light on changing farmland value trends in Canada and the United States. The study shows that cultivated farmland values in Canada are... Read this article online