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
North American Agriculture Leaders Back USMCA and Long-Term Trade Stability Monday, October 5, 2026 Agriculture officials from the United States,Canada, and Mexico are reinforcing their support for a stable and predictable North American trade environment, emphasizing the importance of collaboration to strengthen rural economies and agricultural supply chains. That message emerged from... Read this article online
Canada Boosts Swine Research Innovation Monday, October 5, 2026 Canada's pork industry is set to benefit from a major research funding initiative aimed at solving key challenges and creating new opportunities for growth. Swine Innovation Porc (SIP), with support from the Pork Promotion and Research Agency (PPRA), has launched the Advancing Swine Research... Read this article online
New Brunswick Farm's Record Gourd Tunnel Draws National Attention Monday, October 5, 2026 A New Brunswick farm is attracting attention from across Canada after creating what is being described as the world's longest gourd tunnel, transforming a traditional crop into an eye-catching attraction that is drawing visitors to the countryside. Located in Scotch Settlement, New... Read this article online
Solar Farms Help Protect Pollinators and Ecosystems Monday, October 5, 2026 Solar energy facilities can do more than generate electricity. The land between and around photovoltaic panels can also be managed to support pollinators, improve environmental conditions, and provide additional benefits for nearby farms and communities. Penn State Extension reports... Read this article online
Soybean Harvest Tips to Improve Farm Returns Monday, October 5, 2026 Soybean producers have spent months preparing for harvest, managing everything from planting and crop protection to field scouting and changing weather conditions. Once harvest begins, however, there are still opportunities to protect the value of the crop by reducing losses in the... Read this article online