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
Grain Markets React to Falling Crop Ratings and China Demand Tuesday, August 4, 2026 Grain markets experienced a volatile week ending July 31, 2026, as changing U.S. weather forecasts, declining crop conditions, geopolitical tensions, and renewed Chinese buying activity influenced trading, according to the latest Farms.com Risk Management , titled '' During the... Read this article online
PEI Dairy Leader Wins Atlantic COYF Title Monday, August 3, 2026 Canada’s Outstanding Young Farmers (COYF) has named Deanna Doctor of Kensington, Prince Edward Island, as the 2026 Atlantic Regionalhonouree. The recognition celebrates her achievements in dairy farming, leadership, and commitment to agricultural innovation. Over the past decade, Deanna... Read this article online
Rural Albertans wanted for grief study Friday, July 31, 2026 Researchers from the University of Alberta are looking to connect with rural Albertans who’ve dealt with grief related to substance use. “What we’ve been hearing from our past research and work in the community is there’s a lot of substance use related grief,” Holly Mathias, a human... Read this article online
Preparing for Farming Uncertainty Friday, July 31, 2026 Farm Management Canada has introduced a new report that proposes a National Strategy for Education and Communication on Agricultural Risk Management, aimed at improving how Canadian producers and agricultural service providers understand and use the wide range of risk management programs, tools... Read this article online
Central Ontario FS Expands Grain Network with Acquisition of Haley's Elevator in Burford Friday, July 31, 2026 Central Ontario FS is strengthening its presence in southwestern Ontario after signing a purchase agreement to acquire Haley's Elevator Inc., a long-established grain handling facility located in Burford. The acquisition marks another step in the growth of the company's grain elevator... Read this article online