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
Stephen Heckbert Takes FVGC Leadership Tuesday, September 8, 2026 The Fruit and Vegetable Growers of Canada (FVGC)hasnamedStephen Heckbertas its new Executive Director. He officially assumed the role on September 8 andbringsmore than 25 years of leadership experience in communications, advocacy, and organizational management. Heckbert is well known... Read this article online
Canada’s Retaliatory Trade Tariffs: Will They Impact Canadian Hog Producers? Tuesday, September 8, 2026 With the retaliatory tariffs on U.S. products coming into effect on September 8, 2026; industry anticipates building costs and feed ingredients will be impacted. Please note, as official analysis is not yet ready, the following information is an AI generated list and should be considered... Read this article online
Canada-U.S. Trade Dispute Raises Concerns for Agri-Businesses Tuesday, September 8, 2026 Like many of their small business counterparts, Canadian agri-businesses operating across the border are warning that prolonged trade tensions could threaten their financial stability, according to a by the Canadian Federation of Independent Business (CFIB) that was released last... Read this article online
Responsible Data Centre Development Principles Leaves Questions About Farmland Protection Tuesday, September 8, 2026 As Canada races to build the digital infrastructure needed to support artificial intelligence and cloud computing, last week the federal government released a new set of principles intended to guide future data centre development. Innovation, Science and Economic Development Canada... Read this article online
Black Sea Peace Prospects Influence Global Grain Prices Monday, September 7, 2026 Grain and oilseed markets remained closely tied to geopolitical developments, weather conditions and export expectations during the week ending September 4, 2026. Corn futures were largely unchanged, while soybeans posted a new contract closing high and soybean meal also strengthened.... Read this article online