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
USDA Corn Yield in Focus as Markets Brace for November Report Monday, November 9, 2026 U.S. grain markets are heading into a potentially important week, with farmers and traders watching to see whether the U.S. Department of Agriculture changes its surprisingly large October corn yield estimate. The November World Agricultural Supply and Demand Estimates report is... Read this article online
Grain Farmers See Budget Wins, but GGC Says More Action Needed Monday, November 9, 2026 Canadian grain farmers could benefit from new tax measures aimed at encouraging farm investment and making it easier to transfer agricultural property to the next generation, but the industry says Budget 2026 leaves several major challenges unresolved. Grain Growers of Canada (GGC)... Read this article online
Clean Up That Baler Twine and Help an Alberta 4-H Club Win $3,000 Monday, November 9, 2026 Alberta farmers and ranchers have another incentive to clean up used plastic baler twine this winter. Cleanfarms, working with the Agricultural Plastics Recycling Group (APRG), has launched the third edition of the , offering $12,000 in prizes while encouraging producers to recycle... Read this article online
Canada Changes TFW Rules for Rural Employers. What Farmers and the Ag Industry Need to Know Monday, November 9, 2026 Canadian farmers and agri-food employers facing persistent labour shortages could benefit from targeted changes to the Temporary Foreign Worker Programannounced on Friday (November 6) aimed at giving rural businesses greater access to workers where Canadians and permanent residents are not... Read this article online
Ag in the House: Nov. 2 – 6 Monday, November 9, 2026 During question period on Nov. 2, Conservative Leader Pierre Poilievre asked the government if it would cut taxes to provide farmers and Canadians with relief from high fuel prices. “The Liberal government is out of touch,” he said. “Yes, the farmers in my riding say the single biggest... Read this article online