A Chinese takeover of Smithfields? Monday, August 5, 2013 Last year was financially unkind to Smithfield Foods Inc., the largest pork producer in the United States. While full year sales were up a full percentage point to US$13.2 billion, net income was down to $183.8 million, nearly a 50 per cent drop from $361 million a year before.The company's press release said pork production was not a money maker last year because of higher feed costs and other inputs. Any pork producer could have told you that.No wonder shareholders were enthusiastic about Shuanghui International, the largest butcher in China, taking over Smithfield sometime in the next six months. Shuanghui was offering US$31 a share for Smithfield Foods stock, a 31 per cent premium over the previous trading price of $25.75. The sale requires federal government approval.Shareholders aren't the only ones wondering where this is going. Producers across North America wonder what it will mean if a firm from China, the largest pork consumer and producer in the world, acquires the Smithfield company, if indeed the sale is approved. Is this more pork going to China and away from North American markets, or what else might happen? BP Coping with the wild boar invasion Tennessee backs down on ag-gag law
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