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
Tariff tools Thursday, September 10, 2026 As the trade war between Canada and the U.S. continues, keeping track of what is tariffed, at what rate, and how much a tariffed product might cost, could be challenging. Multiple tools and resources are available to help Canadians during these difficult times. CalcWise, for example,... Read this article online
Premier Ford names new ag minister in cabinet shuffle Thursday, September 10, 2026 When the Ontario legislature returns in October, the province’s agriculture industry will have a new voice at Queen’s Park. In a Sept. 10 cabinet shuffle, Premier Ford named Sam Oosterhoff as the new minister of agriculture, food and agribusiness. He takes over for Trevor Jones, who... Read this article online
Canada Trade Tribunal Submits Report on Vegetable Imports and Potential Industry Injury Thursday, September 10, 2026 The Canadian International Trade Tribunal (CITT) has submitted its report on imports of certain vegetable goods to the Governor in Council following a six-month safeguard inquiry into potential injury to Canadian producers. The Tribunal announced Sept. 9 that the report contains its... Read this article online
New Irrimap tool designed to improve irrigation and crop management Wednesday, September 9, 2026 A new tool is available to help Alberta farmers and trusted ag advisors make better irrigation decisions. The web-based program is called Irrimap and is the result of work at Lethbridge Polytechnic’s Mueller Irrigation Research Group (MIRG) with support from AAFC and the Saskatchewan... Read this article online
New Manitoba-EIT Food Partnership Fuels Agrifood Growth Wednesday, September 9, 2026 The Government of Manitoba and EIT Food have announced a strategic partnership aimed at strengthening Manitoba’s agriculture and agrifood innovation ecosystem while supporting sustainable growth and global competitiveness. The collaboration will connect Manitoba’s agricultural... Read this article online