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
Canada’s Farm Show Kicks Off in Regina Tuesday, March 17, 2026 Canada’s Farm Show, presented by Bunge, officially kicks off today at 9 a.m. at the REAL District in Regina, Saskatchewan, launching three days of education, innovation and collaboration for the agriculture industry. Running through Thursday, the event is bringing together thousands... Read this article online
Ag in the House: March 9 – 13 Tuesday, March 17, 2026 During question period on March 9, Conservatives took aim at Liberal policies and how these decisions affect everyday Canadians including farmers. Andrew Scheer, for example, said the fuel standard is making life more expensive. “This is effectively another kind of carbon tax, which... Read this article online
Canada Packers Posts Strong Volume Growth and Profitability in First Year as Standalone Company Tuesday, March 17, 2026 Canada Packers Inc., recently split off from Maple Leaf Foods, reported its financial results earlier this month for the fiscal year ended December 27, 2025, highlighting increased hog volumes, steady sales growth and disciplined financial execution. In the fourth quarter of 2025,... Read this article online
How to Avoid Soil Compaction at Spring Planting Monday, March 16, 2026 Soil compaction is one of the most costly yet overlooked challenges facing cash crop producers. Often described by extension agronomists as a “silent yield robber,” compaction restricts root growth, reduces water infiltration, and limits nutrient uptake—sometimes for years after the damage... Read this article online
Global Market Volatility Sparks Concerns for Commodity Markets Monday, March 16, 2026 On the weekly with expert Farms.com Risk Management Chief Commodity Strategist Moe Agostino, who shared that the markets moved positively in several sectors during the week of March 9 to 13, as a result of rising concerns about global price volatility, driven largely by higher crude oil... Read this article online