Pork producers feel pressure of high feed costs, low hog prices
Ottawa, Ont. – The federal government is working together with provincial governments, the Canadian Pork Council, the Canadian Meat Council, producers and processors to find ways to meet the challenges currently facing Canada’s $4-billion pork industry.
This summer a combined government-industry task team was formed to assess current challenges facing pork producers, including high feed costs, lower hog prices, the higher Canadian dollar, and U.S. Country of Origin Labeling (COOL) legislation.
Although consensus is that market conditions will improve by spring 2013, the Hog Industry Task Team has announced immediate actions to help the sector face short-term financial issues. These include:
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