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
Court Approves First Monette Farms Land Sale Amid Insurance Questions Wednesday, August 26, 2026 Monette Farms has cleared an important milestone in its creditor protection proceedings, with a court approving the first sale of property as the company continues efforts to reduce debt and restructure its operations. At the same time, new uncertainty has emerged regarding the farm... Read this article online
Protect Grain from Allergen Risks Wednesday, August 26, 2026 Maintaining a reputation for clean and safe grain is important for Canadian farmers, grain handlers, and the agriculture industry. Evensmall amountsof allergenic crops mixed with cereal grains can create serious food safety concerns and lead to shipment rejections in domestic and... Read this article online
Canadian Wool Industry Responds to New U.S. Tariffs Wednesday, August 26, 2026 The Canadian Wool Council has raised concerns about the impact of newly imposed U.S. tariffs on Canadian wool and other products. The United States has introduced tariffs of 50% on a range of Canadian goods following the collapse of recent trade discussions between Ottawa and... Read this article online
Alberta extends AgriStability enrollment deadline Wednesday, August 26, 2026 Alberta farmers have more time to make a risk management decision. Alberta Financial Services Corporation (AFSC) is extending the AgriStability enrollment deadline for the 2026 program year to Oct. 1 for producers who missed the original April 30 deadline. AFSC cites wet conditions as... Read this article online
AgCareers Expands Feed Your Future Scholarship Wednesday, August 26, 2026 AgCareers has announced the return of its Feed Your Future Scholarship program for 2026, continuing its efforts to support the next generation of agriculture professionals in Canada. The program is designed to help students achieve their educational goals while encouraging growth, innovation,... Read this article online