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 Climb on Weather and Supply Concerns Monday, August 17, 2026 Grain markets finished higher during the week ending August 14, 2026, as traders reacted to a supportive USDA August crop report, changing weather conditions across the U.S. Midwest, and continued geopolitical concerns affecting global grain supplies. The latest Farms.com Risk... Read this article online
National Citizens Inquiry hosting public ag hearings in Alberta Monday, August 17, 2026 An organization is hosting three days of conversations about agriculture in Alberta. The National Citizens Inquiry (NCI), an independent and citizen-led initiative launched in November 2022 to investigate Canadian government responses to COVID-19, is hosting “Are Farmers Safe in Canada?”... Read this article online
Canadian Ag Minister Works to Strengthen US Farm Trade Ties at Iowa State Fair Monday, August 17, 2026 Canada’s agriculture sector took center stage at one of America’s most recognized agricultural events as Agriculture and Agri-Food Minister Heath MacDonald travelled to the Iowa State Fair to promote closer ties between Canadian and U.S. farm industries. Joined by Canada’s Ambassador... Read this article online
Flash Drought Threat Grows Across Southern Plains as Historic El Niño Builds Monday, August 17, 2026 After flooding, a derecho, storms, and wildfire smoke, asignificant shift in North America's weather pattern is creating a new set of challenges for farmers, with forecasters warning that flash drought conditions are becoming a growing concern across key agricultural regions of the United... Read this article online
Woolwich Farmland Fight - Petition Urges Council to Protect Prime Ontario Agricultural Land Monday, August 17, 2026 A proposal to redesignate 107acres of agricultural land in Woolwich Township for employment and industrial development is drawing increasing opposition from residents and farmland advocates who say the project would come at the expense of valuable farmland and the region's agricultural... Read this article online