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 Traders Monitor China Summit and Crop Estimates Monday, September 21, 2026 Grain and oilseed markets showed mixed movement during the week of September 18, 2026, as traders focused on U.S. yield revisions, Black Sea export disruptions, Canadian production estimates, crop conditions in Western Canada, and expectations surrounding the upcoming U.S.-China summit.... Read this article online
Federal government invests in farm safety Monday, September 21, 2026 The federal government is investing in an organization dedicated to farm safety. Ben Carr, the MP for Winnipeg South Centre, on Sept. 20 announced a federal investment of more than $1 million over two years for the Canadian Agricultural Safety Association (CASA) to help the organization... Read this article online
Ag Minister MacDonald Tours Southern Ontario Monday, September 21, 2026 Canada's agriculture and agri-food sector received a strong vote of confidence during a recent southern Ontario tour by Agriculture and Agri-Food Minister Heath MacDonald. Throughout the visit, the Minister met with farmers, food processors, agribusiness leaders and community organizations... Read this article online
Harvest Weather Alert: Midwest Rain Risks Rise as Super El Nino Strengthens Monday, September 21, 2026 As summer gives way to autumn, farmers across the U.S. Midwest and parts of Canada are watching a weather pattern that appears poised to become increasingly active during the heart of harvest season. According to Nutrien Ag Solutions meteorologist Eric Snodgrass, recent atmospheric... Read this article online
U of G Launches Powering Food Futures Initiative, Invites Farmers to Shape Canada’s Agri-Food Future Monday, September 21, 2026 A new national initiative is inviting farmers, industry leaders, researchers and policymakers to help shape the future of Canada’s agri-food sector at a time when food security, climate resilience and global competitiveness are taking on heightened importance. Powering Food Futures, a... Read this article online