NEWS
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 ...

Quick View
  • Stay on Top of SDS The distinctive yellow patches of sudden death syndrome (SDS) are surfacing in soybean fields acr...
  • Cattle Market There may be a little less bull in this fall's calf market, but the fundamentals still spell oppo...
  • Precision Ag Potential Pending Precision agriculture proponents insist the industry can revolutionize agriculture, but first mor...
  • Cash Rent Reset - 2 Iowa farmland owners Fred and Lodean Cook may consider flexible cash leases for the first time th...
  • Iowa Land Gets a Bounce Key Midwest land values are stuck in neutral or sliding below 2014 levels, recently released opin...
  • Canadian Dairy Conundrum Coping with Canada's dairy industry import tariffs and supply controls remains one of the stickin...
  • Senior Partners - 5 This fatherly financial advice is meant to prevent heartaches should the farm economy suffer anot...
  • Ask the Taxman by Andy Biebl CPA Andy Biebl answers readers' questions on depreciation recapture, defining a "true" lease and ...
  • Ask the Vet Does my calf have a hernia and is it repairable?
Related News Stories
China's Shrinking Hog Herd
JBS to Buy Cargill's US Pork Business
Pork Farmers Gear Up for FDA Rule
Pork Market Black Swan: H5N2