A Chinese takeover of Smithfields? Monday, August 5, 2013 Last year was financially unkind to Smithfield Foods Inc., the largest pork producer in the United States. While full year sales were up a full percentage point to US$13.2 billion, net income was down to $183.8 million, nearly a 50 per cent drop from $361 million a year before.The company's press release said pork production was not a money maker last year because of higher feed costs and other inputs. Any pork producer could have told you that.No wonder shareholders were enthusiastic about Shuanghui International, the largest butcher in China, taking over Smithfield sometime in the next six months. Shuanghui was offering US$31 a share for Smithfield Foods stock, a 31 per cent premium over the previous trading price of $25.75. The sale requires federal government approval.Shareholders aren't the only ones wondering where this is going. Producers across North America wonder what it will mean if a firm from China, the largest pork consumer and producer in the world, acquires the Smithfield company, if indeed the sale is approved. Is this more pork going to China and away from North American markets, or what else might happen? BP Coping with the wild boar invasion Tennessee backs down on ag-gag law
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