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
Canadian Farmland Values Rise Faster Than US Thursday, April 16, 2026 FCC analysis highlights rising land costs and growing affordability pressure Farm Credit Canada has released a new economic analysis that sheds light on changing farmland value trends in Canada and the United States. The study shows that cultivated farmland values in Canada are... Read this article online
Conservative MP wants faster ag product approvals Thursday, April 16, 2026 An Alberta Conservative MP introduced a bill designed to speed up approvals to give farmers access to the tools they need. David Bexte, the MP for Bow River, introduced Bill C-273, the Facilitating Agricultural Regulatory Modernization (FARM) Act on April 14. If passed, the law would... Read this article online
Bill 21 Pause Sparks Rural Water Debate in Manitoba Thursday, April 16, 2026 Opposition requests more consultation on water rules affecting farms Manitoba Progressive Conservatives have decided to delay consideration of Bill 21 a provincial proposal focused on water systems and safety. The decision keeps the bill from moving forward until the fall legislative... Read this article online
Old Farmer’s Almanac releases Canadian summer forecast Thursday, April 16, 2026 What’s in store for summer 2026? For that let’s turn to The Old Farmer’s Almanac and its Canadian summer forecast. “This summer is expected to trend warmer than normal across much of the country, including southern Quebec, the Prairies, and southern British Columbia,” the guide... Read this article online
Royal Canin Clarifies Groundwater Use With Amended Water Permit Near Guelph Thursday, April 16, 2026 Royal Canin Canada Company has received approval from Ontario’s Ministry of the Environment, Conservation and Parks (MECP) to amend its Permit to Take Water (PTTW) for its pet food manufacturing facility near Guelph, Ontario, following weeks of public consultation and local... Read this article online