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
AgTech Firm Spade Technologies Expands into Manitoba Tuesday, August 25, 2026 Spade Technologies, an AI-first software company developing intelligence infrastructure for the dairy sector, has announced that it will establish its Canadian headquarters in Manitoba with support from SVG Ventures | THRIVE, a global agrifood innovation and investment platform. The... Read this article online
Alveo partners with AgriNerds on bird flu surveillance Tuesday, August 25, 2026 Poultry producers may soon have access to a new tool designed to improve how they monitor and respond to highly pathogenic avian influenza (HPAI) threats. Alveo Technologies and AgriNerds have announced a partnership that will combine rapid on-farm molecular testing with real-time... Read this article online
Cleanfarms Collection Program Returns to Saskatchewan Monday, August 24, 2026 Southern Saskatchewan farmers will soon have an opportunity to safely dispose of unwanted pesticides and expired livestock or equine medications through a free environmental stewardship program organized byCleanfarms. The Unwanted Pesticides and Old Livestock/Equine Medications (UPLM)... Read this article online
”Reasonable indication” of wheat gluten dumping hurting Canada Monday, August 24, 2026 Dumping of wheat gluten from some countries is likely harming Canada’s domestic industry, an independent body said. The Canadian International Trade Tribunal (CITT) determined on Aug. 18 there’s “a reasonable indication” of domestic injury because of wheat gluten dumping from Italy,... Read this article online
Rain Offers Relief to Drought-Stricken U.S. Regions as Strong El Niño Signals Wetter Fall Ahead Monday, August 24, 2026 Farmers across several drought-affected regions of the United States could soon receive much-needed moisture as changing weather patterns begin to emerge, according to the latest from Nutrien meteorologist Eric Snodgrass. The outlook points to rainfall reaching some of the driest... Read this article online