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
CFA Summer Meeting 2026 Sets Priorities for Canada's Farm Future Tuesday, July 21, 2026 The Canadian Federation of Agriculture (CFA) wrapped up its 2026 Summer Meeting in Halifax, Nova Scotia, bringing together agricultural leaders, industry representatives, parliamentarians, and federal, provincial, and territorial agriculture ministers to discuss the future of Canada's... Read this article online
Koch and OCP Expand Phosphate Fertilizer Partnership Tuesday, July 21, 2026 Koch Ag & Energy Solutions (Koch) and OCP Nutricrops S.A. (OCP) have signed an agreement under which Koch will acquire a 50% interest in Jorf Fertilizers Company I (JFC I), creating a new 50/50 operating joint venture with OCP once the transaction is completed. The agreement expands... Read this article online
New Pest Control Strategy Shared at Recent Ag Ministers Meeting Monday, July 20, 2026 During the Agriculture Ministers meeting held last week, Ministers reviewed progress on implementing the Federal, Provincial, and Territorial (FPT) Action Plan developed by the FPT Pesticide Management Working Group. The action plan is built around three key themes designed to improve... Read this article online
Nutrien Launches TERRAMAR® Across Western Canada Monday, July 20, 2026 NutrienAg Solutions has introducedTERRAMAR®, a new plant nutrition bio-solution, across Western Canada. The product is being used in its first commercial season, with applications taking place across Prairie farming regions to evaluate its performance under local growing... Read this article online
Wheat Rally and Heat Risks Drive Commodity Market Outlook Monday, July 20, 2026 On the weekly with experts Farms.com Risk Management Chief Commodity Strategist Moe Agostino and Commodity Strategist Abhinesh Gopal,the team agreed that global geopolitical developments, extreme weather conditions, and changing market demand are significantly influencing commodity... Read this article online