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
Quebec elects PQ government Tuesday, October 6, 2026 Quebec voted for change on Oct. 5 as the Parti Québécois (PQ) earned 59 seats – five short of a majority – and will form the next government. “To elected premier of Quebec is a huge privilege. It’s also a great responsibility,” PQ Leader Paul St-Pierre Plamondon said in his victory speech... Read this article online
New Syngenta foliar insecticide available for potato growers Tuesday, October 6, 2026 A new tool is available for Canadian potato and specialty crop growers to protect their crops from insect pressure. Syngenta recently introduced Incipio foliar insecticide, which includes a novel Group 30 mode of action called PLINAZOLIN. (Click here to go to Incipio’s specialty crop... Read this article online
How One Ontario Pumpkin Farm Turned 10% of Production Into Half Its Revenue Tuesday, October 6, 2026 For one Ontario farm that was looking beyond traditional commodity production to strengthen their businesses,the answer has come from an unlikely source: ornamental pumpkins and gourds. Located east of St. Thomas, Ontario, Butters Farms has built a successful niche around seasonal... Read this article online
Canadian Food System Trust Holds Steady, but Uncertainty and Misinformation Are Rising Tuesday, October 6, 2026 Canadians largely maintain a positive view of the nation's food system, but rising concerns about affordability, misinformation, and the growing influence of artificial intelligence are creating a more complex environment for maintaining public trust. That was among the key findings... Read this article online
Canadian Agri-Businesses Face Insurance Crunch as Premiums Rise and Coverage Options Shrink Tuesday, October 6, 2026 Small agricultural businesses across Canada are facing a mounting insurance challenge as premiums climb and coverage options become harder to find, according to research from the Canadian Federation of Independent Business (CFIB). The report highlights a growing concern among farmers,... Read this article online