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
Quebec elects PQ government Tuesday, October 6, 2026 Quebec voted for change on Oct. 5 as the Parti Québécois (PQ) earned 59 seats – five short of a majority – and will form the next government. “To elected premier of Quebec is a huge privilege. It’s also a great responsibility,” PQ Leader Paul St-Pierre Plamondon said in his victory speech... Read this article online
New Syngenta foliar insecticide available for potato growers Tuesday, October 6, 2026 A new tool is available for Canadian potato and specialty crop growers to protect their crops from insect pressure. Syngenta recently introduced Incipio foliar insecticide, which includes a novel Group 30 mode of action called PLINAZOLIN. (Click here to go to Incipio’s specialty crop... Read this article online
How One Ontario Pumpkin Farm Turned 10% of Production Into Half Its Revenue Tuesday, October 6, 2026 For one Ontario farm that was looking beyond traditional commodity production to strengthen their businesses,the answer has come from an unlikely source: ornamental pumpkins and gourds. Located east of St. Thomas, Ontario, Butters Farms has built a successful niche around seasonal... Read this article online
Canadian Food System Trust Holds Steady, but Uncertainty and Misinformation Are Rising Tuesday, October 6, 2026 Canadians largely maintain a positive view of the nation's food system, but rising concerns about affordability, misinformation, and the growing influence of artificial intelligence are creating a more complex environment for maintaining public trust. That was among the key findings... Read this article online
Canadian Agri-Businesses Face Insurance Crunch as Premiums Rise and Coverage Options Shrink Tuesday, October 6, 2026 Small agricultural businesses across Canada are facing a mounting insurance challenge as premiums climb and coverage options become harder to find, according to research from the Canadian Federation of Independent Business (CFIB). The report highlights a growing concern among farmers,... Read this article online