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
Protein Industries Canada Invests in AI for Agriculture Thursday, September 3, 2026 Protein Industries Canada is investing $4.9 million in two artificial intelligence (AI) projects designed to help Canadian farmers and the broader value-added agriculture sector improve productivity, safety, and decision-making. The investment includes up to $2.2 million from Protein... Read this article online
CN and CPKC report record grain movement in August Thursday, September 3, 2026 Both major railways serving Canadian farmers reported record grain movement for the month of August. Last month, Canadian Pacific Kansas City (CPKC) moved 2.54 million metric tonnes of grain and related products, and 26,051 carloads. These figures include the first four weeks of the... Read this article online
Ottawa starting to roll out tariff supports Thursday, September 3, 2026 Parts of Saskatchewan and Manitoba’s ag sectors are among the early recipients of tariff support from the federal government. On Sept. 3, Eleanor Olszewski, the minister responsible for Prairies Economic Development Canada (PrairiesCan), announced almost $16 million in funding for 15... Read this article online
Quinoa - How an Ancient Grain Became a Prairie Crop Opportunity Thursday, September 3, 2026 What began as an experimental crop on Canadian farms has become a small but increasingly recognized part of the country's specialty crop sector. Quinoa, often celebrated for its high protein content, gluten-free status, and versatility in food products, has been grown commercially in... Read this article online
Manitoba providing tariff support for farmers Wednesday, September 2, 2026 The Manitoba government is taking steps to assist farmers and other businesses affected by the ongoing trade war between Canada and the U.S. On Aug. 28 the provincial government announced more than $100 million in tariff supports. From an ag perspective, most of the supports come from... Read this article online