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
Ag and immigration tied together in the Constitution Tuesday, February 24, 2026 A section of the Constitution declaring agriculture and immigration fall under provincial jurisdiction clears the path for the fall referendum, Alberta Premier Danielle Smith said. Speaking with reporters on Feb. 23 Smith pointed out Section 95 of the Constitution. This part of the... Read this article online
Wilson Farms Sponsors Ontario Four 2026 Tuesday, February 24, 2026 Wilson Farms Grain has been announced as the Supreme Champion Sponsor of the Ontario Four Horse Hitch Series for the 2026 season. This partnership connects one of Eastern Ontario’s leading grainlogisticsenterprises with one of the province’s most respected draft horse competitions. Known... Read this article online
Global Commodity Markets Rise as Funds Boost Soybean Buying Monday, February 23, 2026 On the weekly podcast with experts Farms.com Risk Management Chief Commodity Strategist Moe Agostino and Commodity Strategist Abhinesh Gopal, the team agreed that markets moved positively during the week of February 16 to 21, 2026, after stronger fund buying supported soybeans, but new... Read this article online
Alberta Confirms First PEDv Case Since 2022 Monday, February 23, 2026 Alberta has confirmed its first case of porcine epidemic diarrhea virus (PEDv) in four years, after laboratory testing validated the infection on February 21, 2026 at a farm in southern Alberta. The province had not reported a positive case since February 2022, marking this as a... Read this article online
Hog Markets Strengthen Heading Into Late February Monday, February 23, 2026 As hog producers head into the final stretch of February, North American markets showed modest but broad-based strength according to the latest OMAFA report for the week ending February 20, 2026. The data highlights firmer hog prices, stronger futures, and mixed feed costs, offering... Read this article online