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
CANXPORT Opens at Prince Rupert, Boosting Canadian Grain and Ag Exports Friday, August 28, 2026 Yesterdaymarked the grand opening of the CANXPORT facility at the Port of Prince Rupert, unveiling a significant new piece of trade infrastructure that is expected to benefit agricultural exporters across Western Canada. The facility, formerly known as the Ridley Island Export... Read this article online
The Alberta Federation of Agriculture warns producers could face higher expenses during harvest Friday, August 28, 2026 Canadian farmers are bracing for another round of financial pressure as escalating trade tensions between Canada and the United States begin to affect agricultural supply chains. The Alberta Federation of Agriculture (AFA) is warning that while Canada has every right to respond to... Read this article online
AFA Calls for National Agriculture Strategy as Weather and Trade Risks Grow Friday, August 28, 2026 While recent trade tensions are drawing national attention, agricultural leaders say another story deserves equal focus: the need for a long-term strategy that helps Canadian agriculture remain competitive in an increasingly uncertain world. The Alberta Federation of Agriculture (AFA)... Read this article online
Alberta Boosts Aid for Weather Hit Producers Friday, August 28, 2026 Farmers across Alberta are receiving additional support after extreme moisture created difficult growing conditions during the 2026 season. The Governments of Alberta and Canada have introduced changes to the AgriStability program to help producers manage financial risks caused by... Read this article online
CAAIN receives $50 million from Ottawa Thursday, August 27, 2026 The federal government is investing in Canadian agriculture through technological innovation. Ottawa is providing the Canadian Agri-Food Automation and Intelligence Network (CAAIN) with $50 million to support its work of funding innovative projects in ag, Industry Minister Mélanie... Read this article online