Worldwide hog production shrinks and Smithfield rocks Sunday, February 6, 2011 Only last June, a troubled Smithfield Foods Inc., based in Virginia, was denying published reports from Brazil that it was going to sell its pork production to JBS, the Brazilian meat packing giant that had already purchased Smithfield's beef operations. What a difference a few months make for the self-described world's largest pork processor and hog producer. While worldwide hog production shrank two per cent, Smithfield reported record high earnings in the quarter ending Oct. 31.Smithfield made money on both pig raising and processing. Live hog market prices rose 54 per cent to $56 per hundredweight from $36. Cutout prices rose more. "Smithfield is performing at record levels and we are focused on continuing to deliver strong earnings in the second half of fiscal 2011. All indications are that fiscal 2011 will be a record year for the company," said C. Larry Pope, president and chief executive officer, in a December press release.Published reports indicate that Smithfield managed to pay down half of a US$1 billion debt in bonds that were due in 2011. The other half may not be as easy, since recently the U.S. government renewed an ethanol subsidy that keeps grain prices high. BP 'Pocket pigs' pose problems Commercial feed is the salmonella culprit
Group calls on Health Canada to make labels mandatory for gene-edited pork Tuesday, March 10, 2026 An advocacy group of farmers and environmental organizations wants Health Canada to implement mandatory labelling on pork from gene-edited pigs. Earlier this year, the federal agency approved the sale of gene-edited pigs as food. The pigs are resistant to Porcine Reproductive and... Read this article online
Global Conflict Drives Major Surges in Commodity Markets Monday, March 9, 2026 A major international conflict the war in Iran has disrupted trade flows, pushing energy and grain prices sharply higher. On the weekly Ag Commodity Corner+ Podcast with Commodity Strategist Abhinesh Gopal shared the markets made sharp moves in the week of March 2 to 6, after a rapidly... Read this article online
Alberta Beef Producers forming traceability group Monday, March 9, 2026 A livestock organization in Alberta is forming a working group to explore the federal government’s proposed traceability changes. A March 5 statement from Alberta Beef Producers (ABP) indicates the organization’s delegates passed a resolution at the most recent AGM supporting this group’s... Read this article online
Canada invests in youth ag employment Monday, March 9, 2026 The federal government is investing in the future ag workforce. On March 5 at the Atlantic Council Cereals and Oilseeds conference, Agriculture Minister Heath MacDonald announced $27 million over two years in AAFC’s Youth Employment and Skills Program. This program, originally launched... Read this article online
SARM Calling for Stronger Rural Emergency Funding Friday, March 6, 2026 The Saskatchewan Association of Rural Municipalities (SARM) is calling on provincial and federal governments to strengthen funding and partnerships that support emergency response services across rural Saskatchewan. Rural municipalities playa major rolein protecting communities during... Read this article online