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
Ag implications in first Liberal bill of the fall session Wednesday, September 23, 2026 The Liberal government’s first bill of the fall session has components affecting the ag sector. Overall, Bill C-39, the Building Canada Strong Act, is designed to “bring greater speed, certainty, and predictability to infrastructure project reviews, and support the workers who will build... Read this article online
Ontario Hunters and Farmers Asked to Support Deer Disease Monitoring Wednesday, September 23, 2026 As Ontario's hunting season begins, the provincial government is calling on hunters and farmersto help protect wildlife by participating in its annual Chronic Wasting Disease (CWD) surveillance program. The program is designed to detect the disease early and provide wildlife officials... Read this article online
Canada Could Add $5.4 Billion by Food Processing in the Country Tuesday, September 22, 2026 Canada could add as much as $5.4 billion to its economy and create roughly 34,000 full-time-equivalent jobs by shifting only 10 per cent of its raw crop exports towards domestic value-added processing, according to a new analysis by EY released by Protein Industries Canada. The... Read this article online
Local Food and Farming Drive Community Growth Tuesday, September 22, 2026 The 12th annual Farm and Food Awareness Week has already begun in Manitoba, held from September 20 to 25. The week provides an opportunity for people to learn more about where their food comes from and appreciate the efforts of farmers, producers, and food workers who help bring safe and... Read this article online
Equipment Technician Demand Reaches New Highs Tuesday, September 22, 2026 Canada's agriculture and construction equipment industry is facing a growing shortage of skilled technicians, according to a new report released by industry organizations the Canada Equipment Dealers Association (CEDF)and the Associated Equipment Distributors Foundation (AEDF). The findings... Read this article online