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
FCC Investment Boosts Farm Lending Canada Growth Thursday, June 4, 2026 Farm Lending Canada (FLC) has received a strategic investment from Farm Credit Canada (FCC) to improve access to financing for farmers across Canada. This investment forms part of FCC’s broader plan to invest$2 billionin the agriculture and food sector by the year 2030. The funding aims... Read this article online
CAHI Honours Leaders in Animal Health Canada 2026 Thursday, June 4, 2026 The Canadian Animal Health Institute(CAHI)recognized outstanding leaders in the nation’s animal health sector during its 2026 annual awards event. The awards highlighted individuals who have made meaningful contributions to improving animal health, strengthening policy, and supporting... Read this article online
Canola Storage Tips Keep Crops Market Ready Thursday, June 4, 2026 Farmers knowproper storage is important tomaintaincanola quality and ensure it meets market standards. One major concern for growers is the use of malathion in storage bins. Malathion residue can remain in bins for many months after treatment. This residue can transfer to canola seeds,... Read this article online
Copper thefts occurring on Manitoba farms Thursday, June 4, 2026 Manitoba farmers performing equipment checks are realizing thieves targeted their operations over the winter. “We were getting ready for the season and noticed the copper wire had been cut and pulled off of an entire irrigation pivot,” Rachel Proden, who farms near Portage la Prairie,... Read this article online
Alta. farmers encouraged to take vet services survey Thursday, June 4, 2026 An Alberta rural community wants farmers and ranchers to participate in a survey to highlight the importance of access to veterinary services. The Municipal District of Wainright created the survey to gather input from producers on veterinary access and how it contributes to animal... Read this article online