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Better Pork Featured Articles

Better Pork magazine is published bimonthly. After each edition is published, we share featured articles online.


Smithfield hit by higher hog prices

Thursday, June 10, 2010

Smithfield Food Inc, and the analysts who keep an eye on it, have been caught off guard by the recent leap in hog prices.

Meatingplace.com notes that Smithfield was warning investors before regular meetings that its fourth quarter numbers will be weaker than expected, in spite of changes in the way the company is doing business.

A BMO Capital Markets analyst noted that Smithfield had still made the right decisions by restructuring its hog business and reducing the amount of debt carried on its balance sheet. The world's largest hog producer is expected to do much better in 2011.

Higher raw material costs, meaning hogs, are affecting Smithfield's fresh pork business, while the unexpected run-up in futures has hurt the value of those assets, according to "mark to market" accounting, a system of assigning current market value to financial instruments. BP

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Canada Post submits changes to federal government

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The Grey Cup as decided by ag

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The Canadian Football League’s (CFL) championship game goes down at Princess Auto Stadium in Winnipeg, Man., on Sunday as the Saskatchewan Roughriders and Montreal Alouettes compete for the 112th Grey Cup. Will Davis Alexander quarterback the Alouettes to the team’s second Grey Cup in... Read this article online

B.C. livestock ID program unreliable

Thursday, November 13, 2025

A program designed to protect B.C.’s livestock and poultry sectors isn’t doing so, a new report found. A look into the BC Premises Identification program discovered the Ministry of Agriculture and Food hadn’t implemented the program properly, B.C. Auditor General Sheila Dodds said in a... Read this article online

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