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
Peavey Mart Celebrates Prairie Growth With Seven Grand Openings Across Alberta and Saskatchewan Wednesday, April 8, 2026 Peavey Mart has completed the relaunch of seven stores across Alberta and Saskatchewan, with Grand Opening Celebrations scheduled to begin on Thursday, April 9. The milestone reflects the company’s continued growth and its ongoing commitment to supporting rural communities throughout the... Read this article online
The new Manitoba Consortium for Digital Agriculture Wednesday, April 8, 2026 A new network in Manitoba is working to bring researchers, farmers, and other industry partners together to advance digital tools in agriculture. “It’s meant to be a pan-Manitoban agricultural technology hub,” Elena GomezHaro told Farms.com about the Manitoba Consortium for Digital... Read this article online
Operating farm equipment in B.C. Wednesday, April 8, 2026 Farms.com continues to dive into farm equipment licensing and insurance requirements for Canadian producers with a look at the rules for British Columbia. Do British Columbians need a license to drive a tractor? If the tractor or piece of equipment is operated on private land or... Read this article online
Agricultural Educator and Industry Leader Dr Tom Funk Remembered for Lasting Influence Tuesday, April 7, 2026 The agricultural education community is mourning the passing of Dr Tom Funk, a highly respected Professor Emeritus at the University of Guelph whose influence spanned more than three decades of teaching, leadership, and mentorship. Dr Funk dedicated over 35 years to teaching... Read this article online
Beef Cattle Code of Practice comment window opening soon Tuesday, April 7, 2026 The public will have a chance to weigh in on the updated Beef Cattle Code of Practice beginning next week. The 60-day public comment period begins April 13, which is also the day the National Farm Animal Care Council (NFACC) will make the draft Code available. The Canadian Cattle... Read this article online