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
Ag in the House: Nov. 2 – 6 Wednesday, November 11, 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
Canada Makes Rural Immigration Program Permanent to Address Labour Shortages Wednesday, November 11, 2026 Rural Canadian employers struggling to find workers will have a permanent immigration pathway designed specifically to help smaller communities address persistent labour shortages. The federal government announced Nov. 9 that the will become a permanent program, following previous... Read this article online
Organic Demand Is Growing, But Canada Is Importing Much of the Opportunity Wednesday, November 11, 2026 Canada’s organic market is growing quickly, but industry leaders say Canadian farmers and processors are not yet capturing enough of that growth. Leaders from across the country’s organic value chain gathered in Ottawa Nov. 2 and 3 for where discussions focused on how Canada can... Read this article online
Hensall Co-op Awards $17,500 to Seven Ontario Students Tuesday, November 10, 2026 Seven post-secondary students are receiving financial support from Hensall Co-op as they pursue education connected to agriculture and the future of rural communities. The Ontario farmer-owned co-operative has announced the 2026 recipients of its Bright Futures Scholarships, with each... Read this article online
Bunge, GDM launch Enerseed to develop new oilseed crops for biofuels Tuesday, November 10, 2026 Bunge and global plant genetics company GDM are joining forces to develop a new generation of oilseed crops aimed at the expanding renewable fuels market. The companies have announced the creation of , a strategic joint venture that will focus on developing and commercializing... Read this article online