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
Hog Sector Outlook Strong in Early 2026 Monday, February 2, 2026 After a surprisingly strong 2025, the Canadian hog sector is starting 2026 on a positive notesays FCC.Hog'sfutures are near five-year highs, and global markets are more balanced after several years of oversupply and weaker demand. Combined with lower feed costs, this is creating supportive... Read this article online
Crude Oil Rises and Metals Drop in Commodity Markets Last Week Monday, February 2, 2026 On the weekly , experts Moe Agostino and Abhinesh Gopal reviewed major market movements during the week of January 26 to 30, by pointing to two drivers: a jump in crude oil tied to US-Iran tensions and a sudden plunge in precious metals. Wheat finished the week higher, while several... Read this article online
Conservatives back Poilievre in leadership review Monday, February 2, 2026 The Conservative Party of Canada is Pierre Poilievre’s to lead into the next election. Party delegates voted 87.4 per cent in favour of keeping Poilievre on as leader during the 2026 Conservative Convention in Calgary, Alta. Under the party’s constitution, a leadership review is... Read this article online
Ag in the House: Jan. 26 – 29 Monday, February 2, 2026 The return of Parliament also means the return of Farms.com’s Ag in the House series. For those new to the series, the weekly articles, released on Mondays, summarize the previous week’s exchanges related to agriculture during question period. On Jan. 26, Jasraj Singh Hallan, the... Read this article online
Wean-to-Finish Survivability Drives Performance and Profitability Monday, February 2, 2026 Looking beyond mortality totals to understand survivability challenges and opportunities in wean-to-finish production. Wean-to-finish survivability has become a growing point of pressure for the swine industry. As pigs grow, the financial impact is significantly greater than losses... Read this article online