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
Water Based Nanotech Improves Pesticide Use on Crops Wednesday, June 10, 2026 Delivering pesticides effectively to crops is a long-standing challenge in agriculture. Traditional spraying methods often cause droplets to bounce offleavesdrift away in the air or wash into soil and water bodies. This leads to wasted chemicals with higher costs and environmental... Read this article online
Canola Crisis and Cattle Threat Shake Global Commodity Markets Wednesday, June 10, 2026 The market saw sharp price declines during the week ending June 5, 2026, as investment funds reduced positions and removed risk premiums related to weather and global conditions, according to the latest Ag Commodity Corner+ Podcast titled “” Farms.com Risk Management Commodity Experts... Read this article online
Ag in the House: June 1 – 5 Wednesday, June 10, 2026 In question period on June 1, Pat Kelly, the Conservative MP for Calgary Crowfoot, asked why the Liberals guided Canada into a recession when the rest of the world is facing some of the same outside challenges. Agriculture and Agri-Food Minister Heath MacDonald provided the government’s... Read this article online
CFIA placing import restrictions on some U.S. livestock Wednesday, June 10, 2026 The Canadian Food Inspection Agency (CFIA) is restricting some U.S. livestock imports following the detection of a deadly pest in the United States. The CFIA made its announcement on June 5 after New World screwworm (NWS) was found in a Texas calf. “Animals that originate from or were... Read this article online
CLAAS Axion 960 Delivers Power, Comfort, and Smart Farming Wednesday, June 10, 2026 CLAAS’ Axion 960 is a high-horsepower tractor that combines performance, operator comfort, and integrated technology for large-scale field operations. Ryan Bass of CLAAS spoke with Farms.com and highlighted how this tractor is configured to meet the demands of modern farming. The... Read this article online