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
Drought Reaches Record Levels Across U.S. Midwest - What's the Outlook for the Summer? Wednesday, June 3, 2026 Drier weather across the Midwest and Upper Midwest has ushered in a new wave of drought concerns, with portions of Iowa, Minnesota, Wisconsin, and Indiana newly appearing on the U.S. Drought Monitor, according to the Nutrien Weekly Weather Intelligence Report by meteorologist Eric... Read this article online
Weekly Hog Market Facts: Ontario Prices Hold Steady While Futures Pull Back Wednesday, June 3, 2026 Ontario hog prices remained relatively stable heading into the week ending May 22, 2026, even as U.S. futures markets softened and slaughter volumes trended lower. The latest Weekly Hog Market Facts report highlights a market that continues to balance solid fundamentals with growing... Read this article online
Alberta Pork Congress 2026 Set to Bring Innovation and Industry Leaders to Red Deer Tuesday, June 2, 2026 The Alberta Pork Congress (APC) 2026 is set to return to Westerner Park in Red Deer on June 10 and 11, 2026, bringing together producers, suppliers, and industry leaders from across Western Canada for two days of innovation, education, and connection. Recognized as one of the most... Read this article online
Canada Organic Market Growth Reaches $11.88 billion Tuesday, June 2, 2026 The Canada Organic Trade Association (COTA) has announced the release of its 2026 Canadian Organic Market Report. This reportprovidesimportant insights into the current state and future direction of the organic industry in Canada. According to the report, the Canadian organic market... Read this article online
IUF urges worker representation in Canada Seasonal Agricultural Worker Program Tuesday, June 2, 2026 The International Union of Food, Agricultural, Hotel, Restaurant, Catering,Tobaccoand Allied Workers' Associations (IUF) has called for migrant farm workers in Canada to have a formal role in decision-making processes. The group represents over 10 million workers worldwide and supports... Read this article online