Smithfield hit by higher hog prices Thursday, June 10, 2010 Smithfield Food Inc, and the analysts who keep an eye on it, have been caught off guard by the recent leap in hog prices. Meatingplace.com notes that Smithfield was warning investors before regular meetings that its fourth quarter numbers will be weaker than expected, in spite of changes in the way the company is doing business.A BMO Capital Markets analyst noted that Smithfield had still made the right decisions by restructuring its hog business and reducing the amount of debt carried on its balance sheet. The world's largest hog producer is expected to do much better in 2011.Higher raw material costs, meaning hogs, are affecting Smithfield's fresh pork business, while the unexpected run-up in futures has hurt the value of those assets, according to "mark to market" accounting, a system of assigning current market value to financial instruments. BP Bacon a must for foster children? Canada's share of world pork trade predicted to decline
Pioneer in pulses earns top honours Friday, January 17, 2025 The pulse industry is honouring the remarkable achievements of Vicki Dutton, a farmer from Paynton, Saskatchewan, who has received the prestigious Saskatchewan Pulse Growers (SPG) Pulse Promoter Award. Her pioneering contributions and commitment to innovation and advocacy have played a... Read this article online
This Apron is Built for More Than the Kitchen Friday, January 17, 2025 BYLINE: Zahra Sadiq Have you been dealing with back strain from carrying heavy loads? The Apron Tote from Lee Valley is exactly what you’ve been missing. Give your back a break while keeping your clothes clean and protected. Lee Valley is a family-owned business that began in... Read this article online
Poilievre pledges to reverse the harmful capital gains tax hike Friday, January 17, 2025 Tax cuts for economic growth in Canada Conservative Party leader Pierre Poilievre has pledged to reverse the tax hike on capital gains introduced by the NDP-Liberal government in June 2024. This tax increase, which raises the capital gains tax inclusion rate to 66%, has been widely... Read this article online
The tax impact on farmers of proroguing Parliament Friday, January 17, 2025 The Ontario Federation of Agriculture (OFA) is advising farmers to be cautious when preparing their taxes this year. With Prime Minister Trudeau stepping down and proroguing Parliament until March 24,Ontario farmers are learning the suspension ofparliament impacts various proposed... Read this article online
Farm transitions workshop just ahead of Canada's farm show Thursday, January 16, 2025 Canada's Farm Show, one of the country's premier agricultural events, is set to take place from March 18 to 20, 2025, in Regina, Saskatchewan. Presented by Viterra, the event is focused on three key pillars: education, innovation, and collaboration, which continue to guide its mission of... Read this article online