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
New Irrimap tool designed to improve irrigation and crop management Wednesday, September 9, 2026 A new tool is available to help Alberta farmers and trusted ag advisors make better irrigation decisions. The web-based program is called Irrimap and is the result of work at Lethbridge Polytechnic’s Mueller Irrigation Research Group (MIRG) with support from AAFC and the Saskatchewan... Read this article online
New Manitoba-EIT Food Partnership Fuels Agrifood Growth Wednesday, September 9, 2026 The Government of Manitoba and EIT Food have announced a strategic partnership aimed at strengthening Manitoba’s agriculture and agrifood innovation ecosystem while supporting sustainable growth and global competitiveness. The collaboration will connect Manitoba’s agricultural... Read this article online
Conservatives commit to hold Liberals to account over research farms Wednesday, September 9, 2026 When Parliament resumes this fall, the Conservatives are committed to holding the government accountable for its closure of multiple research farms. Conservative Leader Pierre Poilevre on Sept. 7told reporters “Yes” when asked if there would be more action from the opposition on this... Read this article online
Canada Breaks Ground on Largest Carbon Capture Project, Creating Potential Opportunities for Agriculture Wednesday, September 9, 2026 Canada has taken a step toward net-zero emissions goals with the launch of construction on what is expected to become the country's largest carbon capture and storage (CCS) project. Federal and Alberta government officials joined Enhance Energy on September 9 to mark the start of... Read this article online
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