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
Nine Firms Strengthening the Canadian Supply Chain Thursday, October 8, 2026 Canada is taking new steps to strengthen its food supply chain and create more value from the crops grown across the country. Protein Industries Canada has announced that nine companies from different provinces are joining its Strengthening the Canadian Supply Chain program. The initiative... Read this article online
A Thanksgiving meal from Canadian farmers Thursday, October 8, 2026 As families prepare to share a Thanksgiving meal together this weekend, it’s appropriate to highlight Canadian farmers’ roles in providing the ingredients. With that at top of mind, Farms.com created a Thanksgiving ingredient list with farmers from each province providing a unique part of... Read this article online
Share Your Ag Ideas and Win a Scholarship Thursday, October 8, 2026 Applications are now being accepted for the 2027 Agriculture Student Scholarship, a program designed to support students interested in building a future in the agriculture industry. The scholarship encourages young people to share their ideas and contribute to solving some of the challenges... Read this article online
CFIB Calls for Tax Relief for Small Business Thursday, October 8, 2026 Entrepreneurs and small businesses are facing challenges from weak consumer spending, labour shortages, rising operating costs, and economic uncertainty- and agri-businesses are no exception. Ongoing trade tensions and supply chain disruptions have added further pressure, making it more... Read this article online
Ontario invests $6.1 million in northern agriculture projects Thursday, October 8, 2026 The Ontario government is investing more than $6.1 million in 14 agricultural projects across Northern Ontario in an effort to improve farm productivity, support rural communities, and strengthen the province’s food production capacity. The funding is being provided through the Northern... Read this article online