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
BASF brings Calovor herbicide to corn producers Wednesday, November 11, 2026 BASF is bringing a new weed control product to Canadian corn farmers for the 2027 season. Calovor combines dicamba (Group 4) and diflufenzopyr (Group 19) for post-emerge control of weeds like kochia, wild buckwheat, Canada thistle, and redroot pigweed. “The Group 19 acts as a transport... Read this article online
CGC compensates producers for dealings with Grasslands Brokerage & Consulting Ltd. Wednesday, November 11, 2026 The Canadian Grain Commission (CGC) has compensated eligible farmers for unpaid deliveries to Grasslands Brokerage & Consulting Ltd. A review of submitted claims showed two were eligible for support under the Safeguards for grain Farmers Program, which protects farmers from non-payment if... Read this article online
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