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
Grain Traders Monitor China Summit and Crop Estimates Monday, September 21, 2026 Grain and oilseed markets showed mixed movement during the week of September 18, 2026, as traders focused on U.S. yield revisions, Black Sea export disruptions, Canadian production estimates, crop conditions in Western Canada, and expectations surrounding the upcoming U.S.-China summit.... Read this article online
Federal government invests in farm safety Monday, September 21, 2026 The federal government is investing in an organization dedicated to farm safety. Ben Carr, the MP for Winnipeg South Centre, on Sept. 20 announced a federal investment of more than $1 million over two years for the Canadian Agricultural Safety Association (CASA) to help the organization... Read this article online
Ag Minister MacDonald Tours Southern Ontario Monday, September 21, 2026 Canada's agriculture and agri-food sector received a strong vote of confidence during a recent southern Ontario tour by Agriculture and Agri-Food Minister Heath MacDonald. Throughout the visit, the Minister met with farmers, food processors, agribusiness leaders and community organizations... Read this article online
Harvest Weather Alert: Midwest Rain Risks Rise as Super El Nino Strengthens Monday, September 21, 2026 As summer gives way to autumn, farmers across the U.S. Midwest and parts of Canada are watching a weather pattern that appears poised to become increasingly active during the heart of harvest season. According to Nutrien Ag Solutions meteorologist Eric Snodgrass, recent atmospheric... Read this article online
U of G Launches Powering Food Futures Initiative, Invites Farmers to Shape Canada’s Agri-Food Future Monday, September 21, 2026 A new national initiative is inviting farmers, industry leaders, researchers and policymakers to help shape the future of Canada’s agri-food sector at a time when food security, climate resilience and global competitiveness are taking on heightened importance. Powering Food Futures, a... Read this article online