Saskatchewan-based Big Sky Farms, Canada's second largest hog producer, files for bankruptcy. Photo courtesy: BigSky.sk.ca
Sask Pork and Keystone Agricultural Producers out of Manitoba say a combination of high feed costs and low prices is forcing hog producers out of business.
They say if Ottawa and the provincial governments do not come forth soon with help, many in the hog industry will lose all they have. The two farm groups are calling for loan guarantees to deal with what they call the worst crisis in the history of Canada’s pork industry.
Neil Ketilson, the general manager of Sask Pork, says times are going to be very tough for producers this winter. “We know very well that producers from September right through till April of next year are going to be losing anywhere between $30 and $40 per animal,” he said.
For one producer with 60,000 head, it will mean a 2.4 million-dollar loss.
They would have preferred a grant, but obviously the Americans would not be happy about that, says Ketilson. “We’re concerned about counter bill action from the United States,” he said
The province's largest hog producer, Big Sky Farms in Humboldt, was forced to file for bankruptcy protection last week.
Keystone President Doug Chorney says family farms will be lost and hundreds of people could lose their jobs in related industries unless Ottawa and the provinces intervene.