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
Potato Crusher Helps Farmers Fight Weeds Monday, August 31, 2026 Researchers from Agriculture and Agri-Food Canada (AAFC) found a new use for a machine originally designed for potato production. The potato vine crusher, first created to destroy insect pests in potato vines, is now proving effective in reducing weed seeds during harvest. The idea was... Read this article online
Canadian Meat Council Warns of Food Safety Risks Monday, August 31, 2026 The Canadian Meat Council (CMC) has expressed concerns about proposed changes to Canada's food safety regulations that would allow certain provincially inspected meat products to be sold across provincial borders. While the organization supports efforts to reduce barriers to... Read this article online
Boosting Soybean Protein Through Better Nutrition Monday, August 31, 2026 Soybeans areone of the most important crops in the world.Soybeansprovide a major source of plant-based protein for both human consumption and animal feed. As global demand for food continues to grow, researchers are working to find ways to improve the nutritional value of soybean crops... Read this article online
Record El Nino Intensifies as U.S. Heat Wave and Drought Risks Grow Monday, August 31, 2026 As harvest season approaches across much of North America, producers are facing a rapidly evolving weather pattern highlighted by the strongest El Niño event on record. According to from meteorologist Eric Snodgrass, the east-based El Niño continues to strengthen, with Niño Region 3... Read this article online
Wheat Futures Surge as Black Sea Risks Fuel Grain Market Rally Monday, August 31, 2026 Grain markets finished the week of August 28, 2026, on a strong note as wheat futures led a broad rally across agricultural commodities. Traders monitored escalating risks around Black Sea exports, potential changes to U.S. crop estimates, weather concerns across the Midwest, and increased... Read this article online