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
Stats Canada reporting higher sheep and cattle inventories Monday, March 2, 2026 New data from Statistics Canada shows higher sheep and cattle inventories on Jan. 1 of this year compared to 2025. Stats Canada’s livestock estimates report counted 11.1 million head of cattle on farms, compared to 10.9 million head in 2025. This 2.5 percentage increase represents the... Read this article online
Ag in the House: Feb. 23 – 27 Monday, March 2, 2026 Conservatives want to know why the government is acting in ways that harm Canada’s agriculture industry. During question period on Feb. 23, Conservative Agriculture Critic John Barlow highlighted Liberal policies, closing ag research sites, and red tape as reasons why farmers struggle and... Read this article online
Ag included in Carney’s visit to India Monday, March 2, 2026 Announcements and commitments related to agriculture have emerged from Prime Minister Carney’s trip to India. A March 2 fact sheet from Carney’s office indicates multiple deliverables with some involving segments of the Canadian ag industry. Here’s what they are: Both governments... Read this article online
Alberta Pork Launches First-of-Its-Kind Retail Contest Monday, March 2, 2026 Alberta Pork is putting Canadian pork in the spotlight this spring with a new retail promotion designed to encourage shoppers to choose Verified Canadian Pork (VCP) at the grocery store. Running from February 23 to March 30, the is the first initiative of its kind in Canada, offering... Read this article online
Alberta Reports No New Cases of PEDv Monday, March 2, 2026 Alberta’s Chief Veterinary Officer (CVO) has confirmed that, as of March 2, 2026, there are no new suspected cases of Porcine Epidemic Diarrhoea (PED) currently under investigation in the province. This update provides reassurance for producers and industry partners who have remained on... Read this article online