http://www.farms.com/FarmsPages/ENews/NewsDetails/tabid/189/Default.aspx?NewsID=22881
Canada’s government will set off squeals of protests no matter how it decides to handle a plea for aid from its desperate hog farmers.
If Ottawa fails to come through on the $800-million loan request, Canada stands to lose a large chunk of its once-lucrative hog sector to bankruptcy and closures.
But aid for Canadian hogs will read as an attack on farmers in the United States, Canada’s largest market, where producers say they’ll do what they can to stop the proposal.
“Essentially, what this does is it transfers suffering among pork producers from north of the border to south of the border, and we’re not going to stand by and let that happen,” said Nick Giordano, vice-president of the U.S. National Pork Producers Council. “We’re not going to want to wait. We’re going to scream bloody murder. We’re going to go political.”
High feed costs and recession-depressed exports have ruined bottom lines and frayed tempers in the North American hog industry, where farmers have lost money for about two years. Hog prices fell to a six-year low on Thursday.
“It’s never been so bad,” Mr. Giordano said.
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Sounds like a funding announcement will be made Saturday. What's the best route to take? Maybe it's time to forget about the US...
Canada’s government will set off squeals of protests no matter how it decides to handle a plea for aid from its desperate hog farmers.
If Ottawa fails to come through on the $800-million loan request, Canada stands to lose a large chunk of its once-lucrative hog sector to bankruptcy and closures.
But aid for Canadian hogs will read as an attack on farmers in the United States, Canada’s largest market, where producers say they’ll do what they can to stop the proposal.
“Essentially, what this does is it transfers suffering among pork producers from north of the border to south of the border, and we’re not going to stand by and let that happen,” said Nick Giordano, vice-president of the U.S. National Pork Producers Council. “We’re not going to want to wait. We’re going to scream bloody murder. We’re going to go political.”
High feed costs and recession-depressed exports have ruined bottom lines and frayed tempers in the North American hog industry, where farmers have lost money for about two years. Hog prices fell to a six-year low on Thursday.
“It’s never been so bad,” Mr. Giordano said.
---
Sounds like a funding announcement will be made Saturday. What's the best route to take? Maybe it's time to forget about the US...
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