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
Ag in the House: June 15 – 18 Thursday, June 25, 2026 In the final week of question period before Parliament rose for the summer, the Bloc asked the government why it ended bill debates. On June 16, Yves Perron, the Bloc’s ag critic, accused the government of avoiding the accountability of the opposition. “Yesterday (the prime minister)... Read this article online
Canada Funds Poultry Health Innovation Thursday, June 25, 2026 Canada is strengthening its agriculture sector by supporting innovation in animal health. A new investment aims to help poultry farmers reduce their dependence on traditional antibiotics while improving food safety and animal welfare. The Government of Canada announced funding of up to... Read this article online
Canada Expands Greenhouse Fruit and Veg Farming Thursday, June 25, 2026 The Government of Canada has launched a new National Food Security Strategy to strengthen the country’s food system and improve access to locally grown food. The plan focuses strongly on increasing fruit and vegetable production across Canada. The strategy includes more than$3 billionin... Read this article online
Guelph Welcomes Scientists Boosting Food Research Wednesday, June 24, 2026 The University of Guelph has welcomed two researchscientists— Dr. Óscar López-Campos and Dr. Nuria Prieto—fromAgriculture and Agri-Food Canada to support the growth of Canada’s agri-food sector. This collaboration aims to improve food safety, food quality, and food security across the... Read this article online
Minister MacDonald’s record in the House Wednesday, June 24, 2026 With Parliament on its summer recess, Farms.com is summarizing the involvement of Agriculture Minister Heath MacDonald and his counterparts during the first session of the 45th Parliament. For context, this session started on May 26, 2025, and Prime Minister Carney appointed MacDonald as... Read this article online