Danish Crown wants to sell shares Monday, December 5, 2011 Smithfield Foods is well known as the world's largest pork producer. But the world's largest pork exporter isn't on this continent.Danish Crown, 124 years old and co-operatively owned by 9,800 farmers, slaughtered 19.4 million hogs in 2009/2010 in Denmark, Britain, Sweden and Poland. It sells to 130 different countries with annual revenue of C$8.44 billion and its largest export market is the United States. It wants to raise C$1 billion in development capital and it won't come from cash-strapped farmers. So "going public" by selling stock on an exchange is being considered. The goal, according to board chairman Niels Mikkelsen, is to become one of the three largest food companies in Europe.However, Henrik Mortensen, chairman of Danske Svineproducenter, the national association of Danish pork producers, has warned that farmers must be aware of the consequences of such a step.In early October, Danish Crown laid off 400 employees in Demark packing plants because fewer pigs were being sent to slaughter than anticipated. According to a press release: "High labour costs continue to pose a major challenge for the company, which explains the continued strong focus on capacity." BP Smithfield sow numbers down, but still huge Pork products make fast-food comeback
Market Movers to Watch for the Week of April 6 Thursday, April 3, 2025 Key USDA reports, oil price shifts, and economic indicators set to shape commodity markets this week. By Aleah Harle, Farms.com Risk Management Intern . 1. The monthly USDA WASDE Report is scheduled for release on April 10th, 2025. The previous report was a “kick the can... Read this article online
Man. farmhouse finalist in Next Great Save competition Thursday, April 3, 2025 A farmhouse in Portage la Prairie, Man., is in the running to receive financial support to help with its restoration. The Hourie House at the Fort la Reine Museum is one of 12 finalists in the 2025 Next Great Save competition. “The Hourie home is an example of an early Canadian farm... Read this article online
Ontario Basketball and Dairy Farmers of Ontario expand partnership into 2025 Thursday, April 3, 2025 Dairy Farmers of Ontario (DFO) and the Ontario Basketball Association (OBA) have extended their partnership into 2025. With this agreement, DFO will be the presenting partner of the and support Team Ontario. “Dairy Farmers of Ontario is delighted to continue its partnership... Read this article online
Agritourism operators meet with Ontario’s Tourism Minister Thursday, April 3, 2025 On April 2, 2025, members of Ontario’s agritourism sector met with the province’s Minister of Tourism, Culture and Gaming, the Hon. Stan Cho to discuss what is one of the fastest growing and popular sectors in tourism. Niagara West MPP Sam Oosterhoff, Associate Minister of Energy-Intensive... Read this article online
U of G Students win Branded Farms.com Chairs Thursday, April 3, 2025 Farms.com was pleased to support the University of Guelph’s annual College Royal which was held March 15th & 16th, 2025 – it was the 101st edition. Every March, the University of Guelph hosts College Royal, the largest university open house event in North America. This annual... Read this article online