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 Could Add $5.4 Billion by Food Processing in the Country Tuesday, September 22, 2026 Canada could add as much as $5.4 billion to its economy and create roughly 34,000 full-time-equivalent jobs by shifting only 10 per cent of its raw crop exports towards domestic value-added processing, according to a new analysis by EY released by Protein Industries Canada. The... Read this article online
Local Food and Farming Drive Community Growth Tuesday, September 22, 2026 The 12th annual Farm and Food Awareness Week has already begun in Manitoba, held from September 20 to 25. The week provides an opportunity for people to learn more about where their food comes from and appreciate the efforts of farmers, producers, and food workers who help bring safe and... Read this article online
Equipment Technician Demand Reaches New Highs Tuesday, September 22, 2026 Canada's agriculture and construction equipment industry is facing a growing shortage of skilled technicians, according to a new report released by industry organizations the Canada Equipment Dealers Association (CEDF)and the Associated Equipment Distributors Foundation (AEDF). The findings... Read this article online
B.C. ag minister won’t seek re-election Tuesday, September 22, 2026 British Columbia’s minister of agriculture won’t run in the next provincial election when the time comes. Lana Popham, the NDP MLA for Saanich South currently in her second tenure as the ag community’s voice in the provincial legislature, made the announcement on Sept. 21. “I am sad to... Read this article online
New herbicide for soybean producers Tuesday, September 22, 2026 Ontario soybean growers will have another tool available to them for the 2027 growing season. BASF launched Zidua Prime herbicide to support burndown and residual weed control applications. The product contains two active ingredients to provide farmers with maximum... Read this article online