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
Hog Markets Close October Under Pressure as Ontario Prices, U.S. Pork Cutout and Lean Hog Futures Decline Wednesday, November 4, 2026 North American hog markets ended October on a weaker footing, with declining producer prices, continued pressure on pork values and a sharp retreat in nearby lean hog futures. The latest Weekly Hog Market Facts report from the Ontario Ministry of Agriculture, Food and Agribusiness (OMAFA)... Read this article online
Hog Markets Close October Under Pressure as Ontario Prices, U.S. Pork Cutout and Lean Hog Futures Decline Wednesday, November 4, 2026 North American hog markets ended October on a weaker footing, with declining producer prices, continued pressure on pork values and a sharp retreat in nearby lean hog futures. The latest Weekly Hog Market Facts report from the Ontario Ministry of Agriculture, Food and Agribusiness (OMAFA)... Read this article online
When Pork’s Seasonal Recovery Doesn’t Arrive: What Canada Packers’ Q3 Results Reveal About the Market Wednesday, November 4, 2026 Canada Packers’ third-quarter results offer a revealing look at the pressures facing North American pork production. Beyond the company’s $28.1 million loss, the more important story involves weakening pork demand, unusually compressed processing margins, and questions about when the industry... Read this article online
Canadian Swine Researchers Face November 13 Deadline for Up to $150,000 in Research Funding Wednesday, November 4, 2026 Swine Innovation Porc is seeking research proposals focused on animal health, biosecurity, production efficiency, sustainability and pork quality, with funding available for projects addressing key challenges facing Canada’s pork industry. Canadian swine researchers have until November 13... Read this article online
Canadian Pork Research Enters New Phase with More Flexible Funding for Industry Priorities Wednesday, November 4, 2026 Canada’s pork industry is strengthening its approach to research and innovation through a funding model designed to address both long-term industry priorities and emerging challenges facing producers. Swine Innovation Porc (SIP), the national organization coordinating research for... Read this article online