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
Canada’s Meat Sector Joins CAFTA Ahead of CUSMA Review Friday, May 1, 2026 The Canadian Agri-Food Trade Alliance and the Canadian Meat Council have announced that CMC has joined CAFTA as a Friend of the organization, marking an important step in strengthening agri-food trade advocacy at a critical time for Canada’s export-oriented sectors. CAFTA represents... Read this article online
Operating farm equipment in Newfoundland and Labrador Friday, May 1, 2026 Farms.com’s Canadian tour of licensing and insurance requirements for ag machinery continues with a look at Newfoundland and Labrador. Do farmers in Newfoundland and Labrador need a license for farm equipment? If the equipment remains on private property, an operator doesn’t need to... Read this article online
When Grain Stops Moving Rail and Port Delays Cost Canada Up to $540 Million Friday, May 1, 2026 A new economic analysis commissioned by the Agriculture Transport Coalition has found that just one week of rail and port disruptions during peak export season can cost Canada’s grain sector up to $540 million. The majority of these losses stem from missed export sales that cannot be... Read this article online
Colouring a Safer Future for Farm Kids Thursday, April 30, 2026 Teaching children about farm safety is an essential part of protecting the future of Canadian agriculture. With that goal in mind, the Canadian Agricultural Safety Association (CASA) has launched the Kids FarmSafe Colouring Contest, a creative initiative designed to help young people learn... Read this article online
Pet Obesity a Growing Concern Thursday, April 30, 2026 Pet obesity has become one of the most common health concerns seen during routine veterinary visits, alongside dental disease. Nearly 60 percent of pets in the United States are considered overweight, which can reduce overall life expectancy and increase the risk of chronic conditions such... Read this article online