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
New Holland Marks 50 Years of Twin Rotor Innovation Friday, October 10, 2025 New Holland is celebrating 50 years of leadership in twin rotor harvesting technology, a milestone that began with the introduction of the TR70 combine in 1975. This machine transformed agriculture by bringing the world the concept of twin rotor threshing and... Read this article online
Millions of Acre Challenge Launched to Empower Canadian Farmers Thursday, October 9, 2025 At the 2025 Food Leadership Summit, the Canadian Alliance for Net-Zero Agri-food (CANZA) introduced the Million Acre Challenge, an ambitious initiative aimed at expanding regenerative agriculture practices across Canada. Supported by a $7 million catalytic investment from the Weston... Read this article online
FCC Reports Trade Pressures on Canadian Food Sector Thursday, October 9, 2025 The Canadian food and beverage manufacturing sector has experienced slower-than-expected growth in the first half of 2025, with sales and profit margins under pressure due to a challenging trade and economic environment. According to Farm Credit Canada’s (FCC) Food and Beverage Report... Read this article online
Canada Post strike affecting Harvest Sample Program Thursday, October 9, 2025 The ongoing Canada Post strike is affecting farmers’ abilities to send harvest samples to the Canadian Grain Commission. Growers participating in the voluntary Harvest Sample Program, which provides free unofficial grade and quality results, will have to make other arrangements. On its... Read this article online
Gleaner T Series Combine Updates Thursday, October 9, 2025 Gleaner continues to advance harvest technology with its new T Series combine, delivering major improvements in power, reliability, and ease of operation. Designed with the farmer in mind, the T Series focuses on performance, accessibility, and cutting-edge precision tools for... Read this article online