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
Brazil’s Safrinha Corn Crop is On Track for a Record Friday, April 25, 2025 By Aleah Harle, Farms.com Risk Management Intern Expectations for Brazil’s 2024/25 corn crop is looking promising, with a potential record Safrinha corn crop of 98 million metric tons on the horizon! Corn area in Brazil is currently 4% higher than last year, as stronger prices have... Read this article online
A Chicken’s Dream: The Perfect Home for Our Feathery Friends! Friday, April 25, 2025 BY: Zahra Sadiq Do you raise chickens on your farm for personal, friends and family use? Don’t you think your feathery friends deserve to live in style? If so, look no further, Roost & Root have plenty of chicken coop models to choose from that you and your chickens will... Read this article online
Farmers Weigh-In on 2025 Leaders Debate Friday, April 25, 2025 Users on Agriville.com share their takes on the federal leaders’ debate Following the English-language federal leaders’ debate on April 17, users on Agriville.com offered an unfiltered view of how the night played out from the countryside’s perspective. The conversation revealed a... Read this article online
Tariffs, Tension, and Trade: -- Why Grains Are Outpacing Stocks Friday, April 25, 2025 By Aleah Harle, Farms.com Risk Management Intern Grappling with ongoing volatility, grain markets are demanding close attention to global demand indicators. Grain markets are currently being driven by tight supply dynamics in some cases (corn and canola), weather patterns, on and off... Read this article online
Canadian Agri Businesses Struggle under China Trade Tariffs Thursday, April 24, 2025 A recent survey by the Canadian Federation of Independent Business (CFIB) reveals that 88% of Canadian agri-businesses believe Canada should expand trade relations with countries beyond China and the U.S. due to increasing trade tensions. The data highlights the impact of China’s... Read this article online