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
Weather Outlook Raises Flash Drought Concerns Across Central U.S. Tuesday, July 21, 2026 A growing flash drought across the central United States, lingering wildfire smoke impacts, and the rapid development of El Niño are creating a challenging weather outlook for North American agriculture. According to the latest weather analysis from Nutrien meteorologist Eric... Read this article online
Would Young Canadians Take These Jobs? New Study Says No Tuesday, July 21, 2026 A new study from the Canadian Federation of Independent Business (CFIB) suggests that many of the jobs most frequently filled through the Temporary Foreign Worker Program (TFWP) are positions that young Canadians are generally unwilling to accept. The research found that nearly half... Read this article online
CGC revokes license for Grasslands Brokerage & Consulting Ltd. Tuesday, July 21, 2026 The Canadian Grain Commission (CGC) has revoked a grain dealer’s license. As of July 10, the CGC rescinded Grasslands Brokerage & Consulting Ltd.’s grain dealer license. This type of license is for “a person who, for reward, on his own behalf or the behalf of another person, deals in... Read this article online
Canada Opens Interprovincial Alcohol Sales Tuesday, July 21, 2026 A major change to Canada's internal marketplace is set to create new opportunities for wineries, breweries and distilleries after nine provinces signed a landmark agreement allowing direct-to-consumer sales of alcoholic beverages across participating jurisdictions. The deal is being hailed... Read this article online
Leeds County Federation of Agriculture & Leeds Soil & Crop Improvement Association Hosts Drone Demo Demonstration Tuesday, July 21, 2026 The Leeds County Federation of Agriculture (LCFA) and the Leeds Soil & Crop will host an educational and fun-filled day on September 2, 2026, from 10:30 AM to 3:30 PM at the Lombardy Fairgrounds. The community event combines a live Agricultural Drone Demonstration with a social barbecue and... Read this article online