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
CGC licencing change updates Thursday, November 6, 2025 A company in B.C. recently received a licence from the Canadian Grain Commission. As of Oct. 22, Seatarra Ingredient Alliance West Ltd. at 305-4190 Lougheed Highway in Burnaby, B.C., has a grain dealer licence. This type of licence is for “a person who, for reward, on his own behalf or... Read this article online
Manitoba government signs MOU with Vancouver Fraser Port Authority Wednesday, November 5, 2025 Manitoba’s government and the Vancouver Fraser Port Authority have committed to working together to bring Manitoba goods to world markets. On Oct. 27, the two parties signed a memorandum of understanding (MOU) to connect Manitoba businesses and goods to global customers through the... Read this article online
Ag in the 2025 federal budget Wednesday, November 5, 2025 Prime Minister Mark Carney’s government released its first federal budget on Nov. 4 – 190 days since winning the April election. Here’s what the budget directly includes for the ag sector. A specific section is dedicated to support for the ag, fish, and seafood industries. “The... Read this article online
New RCMP detachment opens in rural Manitoba Wednesday, November 5, 2025 A rural Manitoba community is home to the province’s newest RCMP detachment. The Manitoba RCMP officially opened the Niverville Municipal Detachment at 329A Bronstone Drive on Nov. 3. This brings the number of RCMP detachments in the province to 80. “We are extremely proud to... Read this article online
Railroads push record grain shipments Wednesday, November 5, 2025 As Ontario farmers wrap up a season marked by weather extremes and yield variability, Canada’s two major railways—Canadian National Railway Company (CN Rail) and Canadian Pacific Kansas City Limited (CPKC)—are reporting strong performance in moving corn, soybeans, and grain across the... Read this article online