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
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
Conservative MP wants faster ag product approvals Thursday, April 16, 2026 An Alberta Conservative MP introduced a bill designed to speed up approvals to give farmers access to the tools they need. David Bexte, the MP for Bow River, introduced Bill C-273, the Facilitating Agricultural Regulatory Modernization (FARM) Act on April 14. If passed, the law would... Read this article online
Bill 21 Pause Sparks Rural Water Debate in Manitoba Thursday, April 16, 2026 Opposition requests more consultation on water rules affecting farms Manitoba Progressive Conservatives have decided to delay consideration of Bill 21 a provincial proposal focused on water systems and safety. The decision keeps the bill from moving forward until the fall legislative... Read this article online
Old Farmer’s Almanac releases Canadian summer forecast Thursday, April 16, 2026 What’s in store for summer 2026? For that let’s turn to The Old Farmer’s Almanac and its Canadian summer forecast. “This summer is expected to trend warmer than normal across much of the country, including southern Quebec, the Prairies, and southern British Columbia,” the guide... Read this article online
Royal Canin Clarifies Groundwater Use With Amended Water Permit Near Guelph Thursday, April 16, 2026 Royal Canin Canada Company has received approval from Ontario’s Ministry of the Environment, Conservation and Parks (MECP) to amend its Permit to Take Water (PTTW) for its pet food manufacturing facility near Guelph, Ontario, following weeks of public consultation and local... Read this article online