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
New Canola Plant in Regina Strengthens Market Access for Farmers Tuesday, April 28, 2026 Cargill has begun operations at its large canola processing facility in Regina, Saskatchewan. The new plant strengthens market access for farmers in Western Canada and supports rising global demand for food products and cleaner energy solutions. The Regina facility is designed to... Read this article online
Meet the ALL-NEW Case IH Optum 440 Tractor Tuesday, April 28, 2026 Case IH is expanding the Optum lineup with their launch of the all-new Optum 440, the largest model in the series Case IH has introduced the Optum 440, a new high-horsepower tractor designed to deliver versatility, comfort, and performance for modern farming needs. The Optum 440... Read this article online
Operating farm equipment in P.E.I. Tuesday, April 28, 2026 Farms.com continues to inform Canadian farmers about farm equipment licensing and insurance requirements across the country with a look at Prince Edward Island. Does a P.E.I. farmer need a license to operate a tractor? When operating a tractor or self-propelled implement of husbandry... Read this article online
Operating farm equipment in New Brunswick Tuesday, April 28, 2026 Next up in Farms.com’s article series about licensing and insurance requirements for farm equipment across Canada is New Brunswick. Is a license required to operate a tractor or other piece of equipment? If the farm machinery stays on private property, no license is required. But if... Read this article online
Colouring a Safer Future for Farm Kids Tuesday, April 28, 2026 Teaching children about farm safety is an essential part of protecting the future of Canadian agriculture. With that goal in mind, the Canadian Agricultural Safety Association (CASA) has launched the Kids FarmSafe Colouring Contest, a creative initiative designed to help young people learn... Read this article online