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
Quebec elects PQ government Tuesday, October 6, 2026 Quebec voted for change on Oct. 5 as the Parti Québécois (PQ) earned 59 seats – five short of a majority – and will form the next government. “To elected premier of Quebec is a huge privilege. It’s also a great responsibility,” PQ Leader Paul St-Pierre Plamondon said in his victory speech... Read this article online
New Syngenta foliar insecticide available for potato growers Tuesday, October 6, 2026 A new tool is available for Canadian potato and specialty crop growers to protect their crops from insect pressure. Syngenta recently introduced Incipio foliar insecticide, which includes a novel Group 30 mode of action called PLINAZOLIN. (Click here to go to Incipio’s specialty crop... Read this article online
How One Ontario Pumpkin Farm Turned 10% of Production Into Half Its Revenue Tuesday, October 6, 2026 For one Ontario farm that was looking beyond traditional commodity production to strengthen their businesses,the answer has come from an unlikely source: ornamental pumpkins and gourds. Located east of St. Thomas, Ontario, Butters Farms has built a successful niche around seasonal... Read this article online
Canadian Food System Trust Holds Steady, but Uncertainty and Misinformation Are Rising Tuesday, October 6, 2026 Canadians largely maintain a positive view of the nation's food system, but rising concerns about affordability, misinformation, and the growing influence of artificial intelligence are creating a more complex environment for maintaining public trust. That was among the key findings... Read this article online
Canadian Agri-Businesses Face Insurance Crunch as Premiums Rise and Coverage Options Shrink Tuesday, October 6, 2026 Small agricultural businesses across Canada are facing a mounting insurance challenge as premiums climb and coverage options become harder to find, according to research from the Canadian Federation of Independent Business (CFIB). The report highlights a growing concern among farmers,... Read this article online