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
Group calls on Health Canada to make labels mandatory for gene-edited pork Tuesday, March 10, 2026 An advocacy group of farmers and environmental organizations wants Health Canada to implement mandatory labelling on pork from gene-edited pigs. Earlier this year, the federal agency approved the sale of gene-edited pigs as food. The pigs are resistant to Porcine Reproductive and... Read this article online
Global Conflict Drives Major Surges in Commodity Markets Monday, March 9, 2026 A major international conflict the war in Iran has disrupted trade flows, pushing energy and grain prices sharply higher. On the weekly Ag Commodity Corner+ Podcast with Commodity Strategist Abhinesh Gopal shared the markets made sharp moves in the week of March 2 to 6, after a rapidly... Read this article online
Alberta Beef Producers forming traceability group Monday, March 9, 2026 A livestock organization in Alberta is forming a working group to explore the federal government’s proposed traceability changes. A March 5 statement from Alberta Beef Producers (ABP) indicates the organization’s delegates passed a resolution at the most recent AGM supporting this group’s... Read this article online
Canada invests in youth ag employment Monday, March 9, 2026 The federal government is investing in the future ag workforce. On March 5 at the Atlantic Council Cereals and Oilseeds conference, Agriculture Minister Heath MacDonald announced $27 million over two years in AAFC’s Youth Employment and Skills Program. This program, originally launched... Read this article online
SARM Calling for Stronger Rural Emergency Funding Friday, March 6, 2026 The Saskatchewan Association of Rural Municipalities (SARM) is calling on provincial and federal governments to strengthen funding and partnerships that support emergency response services across rural Saskatchewan. Rural municipalities playa major rolein protecting communities during... Read this article online