Province Wary About Hog Loan Payment Extension

“We can pay this in the long run. But the long run has to be at least 10 years.” – ANDREW DICKSON, MPC The Manitoba government is close to easing repayment conditions for special loans to financially strapped hog farmers but it may not be the kind of relief producers want. The province may temporarily

Hog Losses Cut Wide Swath

I was one of many who believed Saskatchewan, with its landlocked feed grain supply, was a logical place for the hog industry to prosper. Alarge number and individuals and businesses have lost money due to the demise of the Saskatchewan pork industry. Big Sky Farms, which is currently under creditor protection, is just the latest


Sky-High Debt Puts Farmers At Risk

George Brinkman is professor Emeritus in the department of food, agricultural and resource economics at the University of Guelph. This first appeared in the April issue of Canadian Farm Business Manager, published by the Canadian Farm Business Management Council. In the global business community, last spring seems like a lifetime ago. In almost every sector,

Credit Crunch Hits The Pork Industry

“Every pig farmer’s risk rating is worse now than it was 18 months ago.” – STEPHEN MOFFETT, CPC Canada’s pork producers are worried the current financial crisis, coupled with continuing tough times in the industry, is causing them a serious credit crunch. The Canadian Pork Council is asking Ottawa to further loosen an already-extended repayment

Choosing which debts to pay first

Threats by debt collectors to ruin your credit score should not be a reason to move the debt to higher priority. Are you faced with making decisions on which debts to pay first due to lack of or limited income? You are not alone. Here’s some guidelines to help you set priorities. Always pay for


A Pilgrim’s Pride bankruptcy may help rivals

Any bankruptcy filing by Pilgrim’s Pride Corp., the largest U. S. chicken producer, could support higher pricing for the entire poultry industry as capacity is taken out, Fitch Rating said Nov. 18. A Pilgrim’s Pride bankruptcy looks “pretty inevitable,” given that the company has hired a restructuring adviser and is exercising a grace period for