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
Grain Markets Are Closely Watching the August USDA Report and Beyond Tuesday, August 11, 2026 Grain markets remained relatively quiet during the week ending August 7, 2026, as traders positioned themselves ahead of the USDA’s August crop report, while weather concerns across the Corn Belt, strong Chinese soybean demand and an emerging El Niño pattern continued to influence the... Read this article online
Canada Packers Reports Q2 Loss as Pork Market Conditions Weigh on Results Tuesday, August 11, 2026 Canada Packers Inc. has released its financial results for the second quarter and first half of fiscal 2026, reporting lower earnings as challenging pork market conditions weighed on performance. For the 13-week period ending June 27, 2026, the company recorded sales of $431.7... Read this article online
Wildfire Smoke, Severe Storms and Heat Keep Farmers on Alert Tuesday, August 11, 2026 Wildfire smoke, potential derecho-producing storms and persistent heat remain the dominant weather concerns across North America as the growing season enters a critical stretch, according to Nutrien's latest from meteorologist Eric Snodgrass. While recent rainfall has provided relief... Read this article online
CASA Launches New Farm Safety Training Tuesday, August 11, 2026 The Canadian Agricultural Safety Association (CASA) has relaunched its online farm safety training program to support ongoing education and improve safety awareness across the agricultural sector. The updated courses were reviewed and refreshed to ensure participants receive current... Read this article online
AALP Dream Gala tops $110,000 for leadership programming Tuesday, August 11, 2026 The () raised more than $110,000 to support leadership development within Ontario’s agri-food sector, according to the Rural Ontario Institute (ROI). Held at The GrandWay Events Centre in Elora, the biennial fundraising event was organized by participants and recent graduates of .... Read this article online