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
Poll shows Canadians support supply management Monday, April 20, 2026 Canadians are in favour of supply management, a new poll shows. A Nanos poll commissioned by Dairy Farmers of Canada surveyed 1,099 people between March 31 and April 4, asking participants about the topic and others related to ag. When it comes to supporting the “general objectives” of... Read this article online
Ag in the House: April 13 – 17 Monday, April 20, 2026 Agriculture Minister Heath MacDonald attended question period last week where he fielded a question about business investments in Canada. Michael Guglielmin, the Conservative MP for Vaughan—Woodbridge, cited a report from the Canadian Federation of Independent Business indicating that for... Read this article online
Prairie Swine Centre celebrates 35 years of driving innovation Friday, April 17, 2026 Over that time, the centre has evolved into one of Canada's premier swine research facilities, delivering practical, industry-focused research that strengthens the financial position of pork producers while advancing animal welfare and environmental sustainability across the Saskatchewan and... Read this article online
Claas Expands Midwest Presence to Support Farmers Friday, April 17, 2026 Global equipment maker grows dealer and service network across the Dakotas Claas, a global agricultural equipment company, is expanding its operations in the Midwest to better serve farmers and ranchers. Although the brand is not always part of common “red or green” equipment... Read this article online
Canadian Farmland Values Rise Faster Than US Thursday, April 16, 2026 FCC analysis highlights rising land costs and growing affordability pressure Farm Credit Canada has released a new economic analysis that sheds light on changing farmland value trends in Canada and the United States. The study shows that cultivated farmland values in Canada are... Read this article online