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
Black Sea Peace Prospects Influence Global Grain Prices Monday, September 7, 2026 Grain and oilseed markets remained closely tied to geopolitical developments, weather conditions and export expectations during the week ending September 4, 2026. Corn futures were largely unchanged, while soybeans posted a new contract closing high and soybean meal also strengthened.... Read this article online
Canada invests $3.1M in swine health surveillance Monday, September 7, 2026 Recognizing that infectious disease is one of the major risks to swine production, the Government of Canada is helping industry further develop the tools needed to safeguard animal health, strengthen sector resilience, and support future growth. Minister of Agriculture and Agri-Food Heath... Read this article online
Heads Up Plant Protectants Unveils New Brand Identity Friday, September 4, 2026 Saskatchewan-based Heads-Up Plant Protectants unveiled a refreshed brand identity at the 2026 Farm Progress Show in Boone, Iowa, introducing a new logo, updated visual design, revised messaging, and a redesigned website. The rebrand reflects the company’s continued focus on supporting... Read this article online
Canada Expands Livestock Tax Relief for Producers Friday, September 4, 2026 Canadian livestock producers continue to face growing challenges as extreme weather events affect forage supplies and day-to-day farm operations. Drought, flooding, and excess moisture can reduce feed availability, making it difficult for ranchers tomaintainhealthy breeding herds and sustain... Read this article online
Saskatchewan Expands AgriStability Support for Farmers Friday, September 4, 2026 Federal Agriculture and Agri-Food Minister Heath MacDonald and Saskatchewan Agriculture Minister David Marit have announced changes to the 2026 AgriStability Program to provide additional support for producers affected by excess moisture and localized flooding across Saskatchewan. The... Read this article online