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
AgraCity Group Launches Court-Approved Sale and Investment Process Wednesday, December 17, 2025 AgraCity Group and its Monitor (Ernst & Young Inc.) have started a court-approved process to explore the sale or investment in all or part of the company’s assets, property, shares, and business. On December 11, 2025, the Court of King’s Bench for Saskatchewan extended AgraCity... Read this article online
New Canola Processing Could Boost Protein and Oil Profits Wednesday, December 17, 2025 While canola oil remains the crop’s main commercial product, researchers at the University of Saskatchewan (USask) are working to unlock additional value from the plant, which was first developed in the 1970s. Canada’s canola sector contributes an estimated $43.7 billion annually to the... Read this article online
Trade deals 101 Wednesday, December 17, 2025 It’s difficult to go a day without hearing something about a trade deal. The Canadian government, for example, is involved in trade talks with at least four partners. Until Jan. 26, Canadians can weigh in on potential partnerships with India, the United Arab Emirates, Thailand, and... Read this article online
Plants flip genetic switch to survive sudden cold, study finds Wednesday, December 17, 2025 One things for sure—weather happens. When a sudden cold snap hits a farm, it can destroy seedlings slow growth. It can make the season's growth 'iffy' going forward. But like a ray of sunshine, results from a new study offer farmers hope. Scientists have discovered how plants... Read this article online
Ham for Christmas? Tuesday, December 16, 2025 As many pork producers will know, ham is a strong preference for Americans for their Christmas meal. Americans purchase approximately 318 million pounds of ham during the Christmas season. By comparison, about 22 million turkeys are consumed during the same period. If we assume the... Read this article online