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
Equipment Technician Demand Reaches New Highs Friday, September 25, 2026 Canada's agriculture and construction equipment industry is facing a growing shortage of skilled technicians, according to a new report released by industry organizations the Canada Equipment Dealers Association (CEDF)and the Associated Equipment Distributors Foundation (AEDF). The findings... Read this article online
B.C. ag minister won’t seek re-election Friday, September 25, 2026 British Columbia’s minister of agriculture won’t run in the next provincial election when the time comes. Lana Popham, the NDP MLA for Saanich South currently in her second tenure as the ag community’s voice in the provincial legislature, made the announcement on Sept. 21. “I am sad to... Read this article online
Dorothy Long Leads New Era for Canadian Food Focus Thursday, September 24, 2026 Canadian Food Focus is entering a new stage of growth with the appointment of Dorothy Long as Executive Director. The organization, which focuses on improving food literacy and public trust in agriculture, aims to help Canadians better understand where their food comes from and how it is... Read this article online
Judy Sweet Strengthens Future of Farm Education Thursday, September 24, 2026 A significant investment in agricultural education is set to benefit students, researchers and the livestock industry in western Canada. Long-time Lakeland College supporter Judy Sweet has contributed funding to the Student-Managed Farm (SMF) Lab Revitalization Project. The investment... Read this article online
FCC Report Highlights Challenges for Food Manufacturers Thursday, September 24, 2026 Canada’s food and beverage manufacturers are facing a more uncertain business environment as tariffs, trade restrictions and fluctuating energy and transportation costs add pressure to margins, according to a mid-year analysis from Farm Credit Canada (FCC) Economics. Industry sales... Read this article online