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 workers act quick to put out Sask. grain dryer fire Thursday, October 22, 2026 A Saskatchewan farm business is recognizing its employees and the community for springing into action to put out a fire. “Thankfully, thanks to the quick response and teamwork of our staff, neighbours, and the Borden Fire Department, the situation was brought under control quickly, with... Read this article online
Bernard Sévigny appointed ag minister in Premier Paul St-Pierre Plamondon’s government Thursday, October 22, 2026 Bernard Sévigny, a former TVA journalist and the former mayor of Sherbrooke is Quebec’s new minister of agriculture, fisheries and food. Premier Paul St-Pierre Plamondon revealed Sévigny, the MNA for Richmond, and the rest of his Parti Québécois cabinet during an Oct. 21 swearing-in... Read this article online
Alberta votes to remain in Canada Thursday, October 22, 2026 The majority of Albertans want their province to remain part of Canada. During the Oct. 19 provincial referendum, when asked if Alberta should remain a Canadian province or if the provincial government should begin the legal process of holding a binding referendum on possible separation,... Read this article online
UFA Opens New Cardlock and Bulk Petroleum Site in Outlook, Saskatchewan Thursday, October 22, 2026 United Farmers of Alberta (UFA) has expanded its petroleum network with the opening of a new Cardlock and Bulk Petroleum site in Outlook, Saskatchewan, providing agricultural producers, transportation companies, and commercial operators with expanded access to fuel and lubricants in one of... Read this article online
New program for Canadian Western Agribition Thursday, October 22, 2026 A new program opportunity is available for the 2026 Canadian Western Agribition. The Canadian Buyers Program will provide qualified livestock and agriculture travelling from outside of the Prairie provinces with up to $1,000 to attend the show. Applicants must meet certain criteria to... Read this article online