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
Western Dairy Challenge 2026 Highlights Monday, March 23, 2026 The 2026 Western Regional Dairy Challenge, hosted at the University of Alberta, concluded on March 7 in Camrose, Alberta, Canada. The event brought together 77 students from 15 schools, along with coaches and volunteers, creating a valuable hands-on learning experience in dairy... Read this article online
FCC Expands Support Amid Fertilizer Cost Surges Monday, March 23, 2026 Rising global tensions in the Middle East are creating concern among farmers and agribusinesses about increasing input costs. In response, Farm Credit Canada (FCC) has expanded its Trade Disruption Customer Support Program to provide financial relief and stability to those affected by higher... Read this article online
Fears of Stagflation and Recession on the Rise Monday, March 23, 2026 This week’s with experts Farms.com Risk Management Chief Commodity Strategist Moe Agostino and Commodity Strategist Abhinesh Gopal, Was titled “Higher Crude Oil Futures for Longer = Stagflation?”. The two experts explored major shifts across the commodity sector including rising crude oil... Read this article online
CSBP pushing for domestic production policy Monday, March 23, 2026 The Canadian Sugar Beet Producers (CSBP) wants to see more of its namesake crop grown and processed in Canada. At one point, sugar beets accounted for more than 20 per cent of the Canadian sugar market share. But that’s no longer the case, says Gwen Young, an Alberta sugar beet farmer... Read this article online
New Canadian Swine Research Targets Piglet Disease Monday, March 23, 2026 Swine InnovationPorc(SIP) is investing in new research to address Streptococcus suis, a harmful bacterial disease affecting post-weaned piglets led byDongyanXu Niu at the University of Calgary. This disease can cause serious health problems such as respiratory illness, meningitis, and sudden... Read this article online