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
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
FETCO Calls for Labour Reform at West Coast Ports Amid Trade Uncertainty Wednesday, September 2, 2026 Canada’s growing trade dispute with the United States is creating significant uncertainty for businesses, investors and consumers. As the country works to strengthen trade relationships and diversify its international markets, reliable supply chains and greater labour stability have become... Read this article online
Irrimap Opens New Era of Smart Irrigation Wednesday, September 2, 2026 Researchers at Lethbridge Polytechnic have introducedIrrimap, a new web-based tool designed to help farmers, agronomists, and researchers better understand crop water use. The platform measures evapotranspiration (ET), which combines evaporation from soil and water surfaces with... Read this article online
CGC issues two licenses to start September Wednesday, September 2, 2026 Two grain companies started September by receiving licenses from the Canadian Grain Commission (CGC) One is from Saskatchewan. On Sept. 1, JGL Commodities received its primary elevator license for a facility in Marengo. This type of license goes to “an operator of an elevator which... Read this article online
Massey Ferguson launches N-Series planters at Farm Progress Show Wednesday, September 2, 2026 Massey Ferguson North America has unveiled its new N-Series Split/Narrow Row Planters during the 2026 Farm Progress Show in Boone, Iowa, introducing a lineup designed to offer growers greater flexibility, integrated planting technology and lower long-term ownership costs. The new series... Read this article online