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
Grain Markets Climb on Weather and Supply Concerns Monday, August 17, 2026 Grain markets finished higher during the week ending August 14, 2026, as traders reacted to a supportive USDA August crop report, changing weather conditions across the U.S. Midwest, and continued geopolitical concerns affecting global grain supplies. The latest Farms.com Risk... Read this article online
National Citizens Inquiry hosting public ag hearings in Alberta Monday, August 17, 2026 An organization is hosting three days of conversations about agriculture in Alberta. The National Citizens Inquiry (NCI), an independent and citizen-led initiative launched in November 2022 to investigate Canadian government responses to COVID-19, is hosting “Are Farmers Safe in Canada?”... Read this article online
Canadian Ag Minister Works to Strengthen US Farm Trade Ties at Iowa State Fair Monday, August 17, 2026 Canada’s agriculture sector took center stage at one of America’s most recognized agricultural events as Agriculture and Agri-Food Minister Heath MacDonald travelled to the Iowa State Fair to promote closer ties between Canadian and U.S. farm industries. Joined by Canada’s Ambassador... Read this article online
Flash Drought Threat Grows Across Southern Plains as Historic El Niño Builds Monday, August 17, 2026 After flooding, a derecho, storms, and wildfire smoke, asignificant shift in North America's weather pattern is creating a new set of challenges for farmers, with forecasters warning that flash drought conditions are becoming a growing concern across key agricultural regions of the United... Read this article online
Woolwich Farmland Fight - Petition Urges Council to Protect Prime Ontario Agricultural Land Monday, August 17, 2026 A proposal to redesignate 107acres of agricultural land in Woolwich Township for employment and industrial development is drawing increasing opposition from residents and farmland advocates who say the project would come at the expense of valuable farmland and the region's agricultural... Read this article online