Source:Barb Glen, producer.com, April 24, 2020
Industry wide, producers could potentially lose $675 million due to lack of space and processing plant closures created by COVID-19.
Canada’s hog producers are asking the federal government for an immediate direct cash payment of $20 per hog to address a cash flow crisis that has already forced some to euthanize market ready pigs.
Canadian Pork Council chair Rick Bergmann said in a news conference today that producers are losing $30 to $50 per pig now, depending on region and type of operation. Industry wide, producers stand to lose $675 million.
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