Pork exports contribute to Smithfield's profit comeback Tuesday, May 31, 2011 Smithfield Foods Inc., based in Virginia, cites pork exports to Canada, along with other countries, as contributing to quarterly earnings that far exceeded expectations.In the quarter ending in January, Smithfield, the world's largest pork producer, exported 24 per cent of its production. According to published reports, chief executive Larry Pope credited double digit increases in sales to Japan, China Korea and Canada. As a result, Smithfield revenue rose 10 per cent to $3.19 billion, above the $3.16 billion average analyst forecast. The hog production unit still lost money, but it was only $2.3 million compared to $78.3 million a year before as higher hog prices made up for expensive feed.Across the industry, Pope said when announcing the company's financial situation, "supply and demand are in balance."Smithfield said it reduced its debt by $913 million by January, bringing its total debt level to $2.1 billion. BP Countering the 'meatless' weight loss theory Angry exchange on British pork prices
Ag groups call for pause to AAFC cuts Friday, March 20, 2026 Close to two dozen Canadian ag groups wrote to Agriculture Minister Heath MacDonald to ask for an immediate pause to the scheduled cuts at AAFC research facilities. The federal government is closing seven ag research sites and eliminating 665 positions to support the prime minister’s goal... Read this article online
Top Tillage Equipment for Large Acreage Farming - A 2026 Buyer’s Guide Thursday, March 19, 2026 Choosing the right tillage equipment is crucial for high acreage growers managing heavy residue, variable soil conditions, and the need for efficient seedbed preparation. Today’s leading tillage systems combine residue sizing, soil preservation, and operational efficiency—while pairing... Read this article online
Corteva introduces Lumiscend LUXE fungicide seed treatment Thursday, March 19, 2026 Corteva has launched a new fungicide seed treatment in time for the 2026 planting season. Lumiscend LUXE combines four active ingredients – difenoconazole, metalaxyl-M and S-isomer, ipconazole, and inpyrfluxam – to provide farmers with a robust seed treatment option spanning Groups 3, 4,... Read this article online
CGC issues multiple licenses on March 18 Thursday, March 19, 2026 Two Canadian and one American grain handler received licenses from the Canadian Grain Commission (CGC) on March 18. One of the Canadian companies, Red River Seeds in Morris, Man., the leading buyer of rye grain in Western Canada, received two licenses. One of those licenses is a grain... Read this article online
ADM and Bunge Earn Spots on 2026 World’s Most Ethical Companies List Thursday, March 19, 2026 Two major agricultural companies, ADM and Bunge, have been named to the 2026 World’s Most Ethical Companies list by Ethisphere, a global authority on defining and advancing ethical business practices. The recognition places both companies among nine honorees in the Food, Beverage and... Read this article online