PureCountry
Well-known member
Not sure if anyone gives a hoot on this forum, but there's been alot of talk lately, even on radio and TV, about our hog producers here being at the brink of bankruptcy. And from the sound of it, it's not just a few. Apparently the largest purchaser of Western Canadian hogs, Olymel(sp?), held a press conference to inform the directors of the Western Hog Exchange and any producers who wanted to attend, that they were slashing their base price they would pay to producers, by 12cents per kilogram, basically 5.45cents per pound. Can you imagine if buyers from Cargill, Tyson, Smithfield, or whoever, slashed the price on everything from our culls to our calves by 5.45cents/lb?????!!!! They had some hog guys on the radio yesterday, and they were saying they had already seen alot of guys sell their hogs and get out when the price was at it's original basis, and they added that alot more will be done by Christmas unless the government does something immediately. Is the hog market bad on the south side of the border?