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
Atlantic ag rundown Tuesday, September 15, 2026 There’s been some activity in the ag communities in Atlantic Canada, and Farms.com is here to keep you updated on those developments. P.E.I. has a new minister of agriculture. On Sept. 2, Premier Rob Lantz appointed Hilton MacLennan as the province’s new ag minister in a cabinet... Read this article online
Manitoba has Canada’s first case of HPAI since May Tuesday, September 15, 2026 An outbreak of highly pathogenic avian influenza (HPAI) in Manitoba is Canada’s first in months. The Canadian Food Inspection Agency (CFIA) confirmed the detection on Sept. 10 on a commercial poultry operation in the Rural Municipality of De Salaberry. Agriculture is the community’s... Read this article online
Canadian beef regains access to the Dominican Republic Tuesday, September 15, 2026 The Dominican Republic has reopened its borders to Canadian beef. The Canadian Food Inspection Agency (CFIA) made the announcement, which applies to beef and beef products, including offal, from cattle of all ages, on Sept. 11. JBS Food and Cargill in Alberta, and Tru North Foods in... Read this article online
Alberta, B.C. Cattle Producers Unite to Support Wildfire-Affected Ranchers Monday, September 14, 2026 Cattle organizations in Alberta and British Columbia are joining forces to help livestock producers navigate the ongoing challenges created by wildfires, drought, and feed shortages. The B.C. Cattlemen's Association (BCCA) and Alberta Beef Producers (ABP) have announced a... Read this article online
Tight Corn Supplies and Rising Chinese Demand Could Fuel Next Grain Market Rally Monday, September 14, 2026 The U.S. Department of Agriculture's September crop report delivered a mixed reaction from grain markets, but according to Farms.com Risk Management Chief Commodity Strategist Moe Agostino, the longer-term outlook remains constructive for corn and soybeans. Speaking during the for... Read this article online