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
Canada AI Minister Visits EMILI Innovation Farms Friday, July 17, 2026 Evan Solomon, Canada’s Minister of Artificial Intelligence and Digital Innovation, recently visited EMILI’s Innovation Farms in Manitoba to learn more about agricultural technology and artificial intelligence projects being tested in real-world farm conditions. The visit gave the minister... Read this article online
FCC Backs Farmer Mental Health Network Friday, July 17, 2026 Farm Credit Canada (FCC) has renewed its support for a national mental health initiative that serves Canada's farming community. The organization has committed $1.8 million over the next three years to help continue and expand services offered through the National Farmer Wellness Network... Read this article online
Indian Head and Scott Research Farms to Survive Friday, July 17, 2026 Agriculture and Agri-Food Canada (AAFC) and the Government of Saskatchewan have signed a Memorandum of Understanding (MOU) to explore options for maintaining agricultural activities at the Indian Head and Scott Research Farms while the federal government proceeds with plans to dispose of... Read this article online
Todd Klink Earns Top 4 H Canada Honor Friday, July 17, 2026 Todd Klinkhas been named the recipient of the 2026 4-H Canada Honorary Member Award, the highest recognition presented by the organization. The award celebrates his many years of leadership, volunteer service, and dedication to supporting youth development and agriculture across Canada. A... Read this article online
Alberta Facility Expands Black Soldier Fly Production Friday, July 17, 2026 FairGene, a partnership between Fairville Farming Co. andNRGeneCanada, has launched a dedicated black soldier fly (BSF) egg production facility in Bassano, Alberta. The facility has already started producing BSF eggs and aims to provide insect producers around the world with a dependable... Read this article online