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
Check Grain Quality Fast with this Shaker Box Friday, October 31, 2025 The Bushel Plus Grain Shaker Box is a quick and reliable tool for checking the quality of grain and detecting cracked kernels within seconds. Whether you’re inside the combine cab or working near the grain dryer, this portable device makes it easy to test grain samples on the spot.... Read this article online
Ag in the House: Oct. 20 – 24 Friday, October 31, 2025 MPs brought up ag and related issues multiple times during last week’s question period. On Oct. 20, Conservative Leader Pierre Poilievre asked if the Liberals would remove four taxes to make food more affordable for Canadians. “They now have four inflationary taxes that apply to... Read this article online
Kinew says drop tariffs on Chinese electric vehicles to get Chinese duties dropped Friday, October 31, 2025 Manitoba Premier Wab Kinew is asking the prime minister to scrap Canada’s 100 per cent tariff on Chinese electric vehicles in return for China lifting its tariffs on Canadian canola and pork. Kinew says in a letter to Mark Carney on Saturday that while he believes protecting Canada’s... Read this article online
Canadian Organic Alliance Launches National Action Plan Thursday, October 30, 2025 New Strategy Aims to Boost Canada’s Organic Agriculture The Canadian Organic Alliance; a coalition of the Canada Organic Trade Association, Canadian Organic Growers, and the Organic Federation of Canada has unveiled an Organic Action Plan for Canada. The initiative urges federal and... Read this article online
Federal Bureaucracy Grows While Service Quality Declines Thursday, October 30, 2025 New CFIB Report Shows Small Businesses Face Slow, Inconsistent Service from Federal Departments A new report from the Canadian Federation of Independent Business (CFIB) reveals that despite significant growth in the federal public service, small businesses continue to experience slow,... Read this article online