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 in the House: June 8 – 12 Thursday, June 18, 2026 During question period on June 8, a Bloc MP wanted answers related to a provision about agriculture placed inside Bill C-30, the Spring Economic Update Implementation Act. Maxime Blanchette-Joncas, the MP for Rimouski—La Matapédia, wanted to know if the government will remove parts of the... Read this article online
Competition Bureau looking at Canada’s food supply chain Thursday, June 18, 2026 Canada’s food supply chain from harvest to store shelf will be under the Competition Bureau’s microscope for the next year. The bureau announced its investigation on June 16 with a final report scheduled for release next spring. “Food prices have risen sharply in recent years, putting... Read this article online
Manitoba Pressed to Use Portage Diversion During Heavy Rains Wednesday, June 17, 2026 The Manitoba Progressive Conservatives are urging Premier Wab Kinew and Transportation and Infrastructure Minister Lisa Naylor to activate the Portage Diversion as heavy rainfall continues to threaten communities across southern Manitoba and the Interlake region. Lakeside MLA and PC... Read this article online
Canadian Meat Council Welcomes Food Security Strategy Wednesday, June 17, 2026 The Canadian Meat Council (CMC) has welcomed the federal government’s newly announced National Food Security Strategy, highlighting its support for measures designed to strengthen Canada’s domestic food processing sector. At the same time, the organization has expressed concerns about... Read this article online
Wild boar eradication efforts continue across Alberta Wednesday, June 17, 2026 Province reports nearly 600 animals removed since 2018 Alberta’s Wild Boar Control Program says efforts to eradicate invasive wild boar from the province are continuing to advance, with nearly 600 animals removed since 2018. In an update shared through the Alberta Invasive Species... Read this article online