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
Grain Markets Rebound as Key Crop Reports Surprise Traders Wednesday, July 8, 2026 On the weekly Farms.com Risk Management Ag Commodity Corner+ Podcast with experts Chief Commodity Strategist Moe Agostino and Commodity Strategist Abhinesh Gopal, the discussion focused on major agricultural developments affecting grain, oilseed, and fertilizer markets. The title of the July 3... Read this article online
Major Heat Ridge Builds as Record-Pace El Niño Raises New Weather Concerns Wednesday, July 8, 2026 The past few weeks have already been crazy for agriculture weather wise, with more to come. Nearly 2,000 severe wind reports were recorded across the United States over the past three days, with the most widespread impacts stretching from the central Plains through the Midwest and... Read this article online
Farmer named rural development critic in new Poilievre shadow cabinet Wednesday, July 8, 2026 Another member of Canada’s ag community is represented in Pierre Poilevre’s new Conservative shadow cabinet. Dave Epp, the MP for Chatham-Kent in Ontario and a vegetable and cash crop producer, is the party’s new shadow minister for rural development, the party announced on June... Read this article online
Alberta Announces Winners of the 2026 Great Twine Round-Up Tuesday, July 7, 2026 The winners of the 2026 Great Twine Round-Up have been announced, recognizing Alberta farmers and 4-H clubs for their efforts to recycle used agricultural baler twine. The contest forms part of the ‘Alberta Ag-Plastic. Recycle It!’ pilot program, an initiative led by the Agricultural... Read this article online
A Closer Look at Massey Ferguson's 8S and 9S Series Tractors Tuesday, July 7, 2026 Massey Ferguson is positioning its 8S and 9S Series tractors as part of an integrated equipment solution for commercial hay operations, combining tractor performance, implement automation and support services designed to address common challenges facing producers. Derek Ruesser,... Read this article online