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
Manitoba Crops Advance Quickly as Heat Speeds Development Across Fields Wednesday, July 22, 2026 Manitoba farmers saw significant crop progress during the week of July 14 to July 21 as above-normal temperatures accelerated development across most major commodities. While the warmer weather helped push crops through critical growth stages, moisture conditions remained inconsistent... Read this article online
Canola Growers May Gain New Tool for Water Stress Wednesday, July 22, 2026 Mosaic Biosciences and Elicit Plant have entered into a joint development agreement to create a new agricultural solution aimed at helping canola growers across North America manage water-stress challenges. The collaboration will use Elicit Plant’s proprietary EliTerra technology... Read this article online
Pilot project supports Ontario and Quebec ag Wednesday, July 22, 2026 A new two-year pilot project is designed to help livestock farmers in Quebec by giving them access to an Ontario abattoir. The project, a collaboration between the Quebec and Ontario governments, with additional support from the Canadian Food Inspection Agency (CFIA), would see a limited... Read this article online
Ontario Farmers Harvest One of Canada’s Top Carrot Crops Wednesday, July 22, 2026 Carrots are among Ontario's most important vegetable crops, contributing significantly to local food production and year-round fresh produce availability. Ontario grows the most carrots of any Canadian province – 45% of the country’s carrots. According to Statistics Canada, Ontario... Read this article online
Weather Outlook Raises Flash Drought Concerns Across Central U.S. Tuesday, July 21, 2026 A growing flash drought across the central United States, lingering wildfire smoke impacts, and the rapid development of El Niño are creating a challenging weather outlook for North American agriculture. According to the latest weather analysis from Nutrien meteorologist Eric... Read this article online