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
Canada’s Farm Show Kicks Off in Regina Tuesday, March 17, 2026 Canada’s Farm Show, presented by Bunge, officially kicks off today at 9 a.m. at the REAL District in Regina, Saskatchewan, launching three days of education, innovation and collaboration for the agriculture industry. Running through Thursday, the event is bringing together thousands... Read this article online
Ag in the House: March 9 – 13 Tuesday, March 17, 2026 During question period on March 9, Conservatives took aim at Liberal policies and how these decisions affect everyday Canadians including farmers. Andrew Scheer, for example, said the fuel standard is making life more expensive. “This is effectively another kind of carbon tax, which... Read this article online
Canada Packers Posts Strong Volume Growth and Profitability in First Year as Standalone Company Tuesday, March 17, 2026 Canada Packers Inc., recently split off from Maple Leaf Foods, reported its financial results earlier this month for the fiscal year ended December 27, 2025, highlighting increased hog volumes, steady sales growth and disciplined financial execution. In the fourth quarter of 2025,... Read this article online
How to Avoid Soil Compaction at Spring Planting Monday, March 16, 2026 Soil compaction is one of the most costly yet overlooked challenges facing cash crop producers. Often described by extension agronomists as a “silent yield robber,” compaction restricts root growth, reduces water infiltration, and limits nutrient uptake—sometimes for years after the damage... Read this article online
Global Market Volatility Sparks Concerns for Commodity Markets Monday, March 16, 2026 On the weekly with expert Farms.com Risk Management Chief Commodity Strategist Moe Agostino, who shared that the markets moved positively in several sectors during the week of March 9 to 13, as a result of rising concerns about global price volatility, driven largely by higher crude oil... Read this article online