Wed Sep 12, 2012 01:08 PM CDT

WINNIPEG, Manitoba (DTN) -- Big Sky Farms, the largest pork producer in Saskatchewan, is reported to be in receivership and may soon be sold, according to news reports from the province.

The company, which accounts for about 40% of the pork in Saskatchewan, entered into receivership on Sept. 10, according to reports. A combination of high feed prices and low hog prices, due in part to an increase in North American slaughter numbers and the U.S. drought, were behind the losses experienced by the company, said Big Sky president Casey Smit in news reports.

Ernst and Young, the receiver dealing ...

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