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
From Classic No. 50 Motor Red to Precision Tech - The Farmall Tractor Friday, April 24, 2026 For more than 100 years, the Farmall name has stood as one of the most recognizable brands in agricultural machinery. From its earliest days reshaping row‑crop farming to the launch of the 2025 CASE IH Farmall C, Farmall tractors have consistently evolved to meet the practical needs of... Read this article online
Monette Farms Seeks Court Protection as Mega-Farm Restructures Amid Financial Pressures Friday, April 24, 2026 Monette Farms Ltd., one of the largest privately held farming operations in Canada, has filed for creditor protection under the Companies’ Creditors Arrangement Act (CCAA), citing sustained cost pressures, volatile commodity markets, and higher interest rates as key factors behind the... Read this article online
Ontario Plans New Law to Protect Farmland Friday, April 24, 2026 Ontario is taking new steps to protect its farmland and strengthen the agri-food sector. The provincial government plans to introduce legislation that would limit the foreign acquisition of Ontario farmland. The goal is to keep farms in domestic hands and protect local food production for... Read this article online
Global Efforts Secure Future of Canadian Wheat Thursday, April 23, 2026 Canadian wheat reaches more than eighty international markets annually. Large shipment volumes anda strong reputationmake stable global demand essential. The country holds top positions in durum wheat and oats exports and continues to rank among the world’s leading wheat exporters.... Read this article online
Rising Fertilizer Prices Could Shift Canada 2026 Crop Plans Thursday, April 23, 2026 Farm Credit Canada (FCC) Economicsre-affirms what every Canadian farmer already knows, Canadian farmers are approaching the 2026 seeding season with higher uncertainty than usual. Rising fertilizer prices, influenced by global instability and conflict in the Middle East, are increasing... Read this article online