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
$15.1M to Scale Whole-Cut Plant-Based Protein Wednesday, May 27, 2026 Protein Industries Canada has announced a $15.1 million co-investment in a multi-partner project aimed at scaling advanced manufacturing technology for whole-cut protein alternatives and strengthening Canada’s domestic agri-food value chain. The initiative brings together NS/TX... Read this article online
Transforming Brewers’ Spent Grain into High-Value Ingredients Wednesday, May 27, 2026 A new Canadian agri-food innovation project is set to turn brewery waste into high-value ingredients. Protein Industries Canada has announced a $1.1 million investment to support a collaboration between Terra Bioindustries and Great Western Brewing Company (GWBC). The initiative... Read this article online
Ethanol Fuel Myths and Farm Reality - What Canadian Producers Should Know Wednesday, May 27, 2026 Concerns about ethanol-blended fuel are becoming more common in rural Canada, especially as provinces increase renewable fuel requirements and discussions around E15 intensify. For farmers managing a wide range of equipment—from modern pickups to grain augers and small engines—the... Read this article online
Ontario Invests $7M in Agri-Food Innovation Tuesday, May 26, 2026 The Ontario government is committing up to $7 million to support 34 new research projects aimed at transforming innovative ideas into practical, market-ready solutions for farmers and food processors across the province. Delivered through the Ontario Agri-Food Innovation Alliance, the... Read this article online
BioCV launches real-time monitoring system to boost sow health and productivity Monday, May 25, 2026 BioCV Inc. has introduced a new intelligent sow monitoring system designed to give US pork producers earlier, more accurate insights into sow health, behavior, and reproductive status. The technology, now available in North America, pairs a durable smart ear tag with... Read this article online