Pork producers who apply for loans under the Canadian Hog Industry Loan Loss Reserve Program are being encouraged to outline their experiences to the Canadian Pork Council.
Informa Economics is projecting a return to profitability in the hog industry toward the middle of 2010 gaining momentum toward the end of the year.
KAP is calling on Manitoba to offer assistance to hog producers similar to that offered in other provinces.
“Canadian pork is the best in the world!” That’s the message sent by Minister of National Revenue and Minister of State (Agriculture) Jean-Pierre Blackburn throughout his visit to the ANUGA trade fair currently being held in Cologne, Germany.
The Animal Nutrition Association of Canada reports drastic reductions in livestock numbers have dramatically reduced demand for feed products forcing widespread consolidation within the animal feed industry.
The Saskatchewan Pork Development Board says a federal program to assist Canadian pork producers in restructuring their industry is being designed in a way that ensures it won’t compromise Canada’s international trading obligations.
Scientists with the Prairie Swine Centre are encouraging hog producers to consider moving to net energy based ration formulations but to make the change cautiously.
Des Moines, Iowa based Paragon Economics is projecting deeper cuts to the North American sow herd as producers respond to increased feed costs and the recent large sell-off of lean hog futures.
An agricultural economist with the University of Missouri estimates the U.S. hog industry has reduced production by about half the amount necessary to stimulate a rebound in live hog prices.
The Canadian Pork Council insists a program of government loans requested by the Canadian hog industry is compliant with international and North American trading agreements and trade friendly.