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
Colouring a Safer Future for Farm Kids Thursday, April 30, 2026 Teaching children about farm safety is an essential part of protecting the future of Canadian agriculture. With that goal in mind, the Canadian Agricultural Safety Association (CASA) has launched the Kids FarmSafe Colouring Contest, a creative initiative designed to help young people learn... Read this article online
Pet Obesity a Growing Concern Thursday, April 30, 2026 Pet obesity has become one of the most common health concerns seen during routine veterinary visits, alongside dental disease. Nearly 60 percent of pets in the United States are considered overweight, which can reduce overall life expectancy and increase the risk of chronic conditions such... Read this article online
Rail Inflation Index Increased for Maximum Revenue Entitlement for Western Grain Thursday, April 30, 2026 The Canadian Transportation Agency has announced its determination of the Volume-Related Composite Price Index for the 2026–2027 crop year, setting the index at 1.9864 for the Canadian National Railway Company and 1.9474 for the Canadian Pacific Kansas City Railway Company. The updated... Read this article online
Inside the Collapse of Monette Farms and What It Signals for Big Agriculture Thursday, April 30, 2026 The restructuring of Monette Farms is raising hard questions about how large is too large in modern agriculture—and whether today’s risk tools are keeping up. (Read the article: Monette Farms Seeks Court Protection as Mega-Farm Restructures Amid Financial Pressures) For years, Monette... Read this article online
Ontario Community Food Program Wins BASF Rural Impact Award Wednesday, April 29, 2026 A community focused food initiative in Ontario has receivedsupportthrough a national agricultural support programsponsored by BASF.Petrolia Community Refrigeratorwas named thefirst-placewinner in Ontario under the2026 Growing Home with BASFprogram, earning a $25,000 award for its work in... Read this article online