NEWS
Fri Sep 14, 2012 02:05 PM CDT

(Dow Jones) -- With its Canadian headquarters taken over by financial professionals, hog producer Big Sky Farms Inc. has filed for a type of U.S. bankruptcy that would keep its feed suppliers from seizing pigs that the company is raising at an Iowa farm.

Days after receiver Ernst & Young took over its finances, Big Sky Farms filed for Chapter 15 protection in U.S. Bankruptcy Court in Cedar Rapids, Iowa, and immediately asked Judge Thad J. Collins to keep creditors from taking pigs as payment.

That blockade would last until receiver Ernst & Young can find a fix for Big ...

Quick View
  • Betting on Shorter Beans Researchers at the University of Nebraska and Purdue University have pinpointed a gene that produ...
  • Super Food Silage has never gone out of fashion in Bath County, Kentucky, even when the lure of $6- to $8-pe...
  • Farmers Pivot Back After Storms The majority of center pivots damaged by severe weather earlier this summer in Nebraska are up an...
  • Pick Contingency Plans - 3 As crop prices and insurance coverage swoon, farmers may need to supplement incomes with federal ...
  • Weathering the Drought Parts of the panhandle and western Oklahoma are still considered as being in extreme or exception...
  • AFBF Appeal The American Farm Bureau Federation asked a federal appeals court to reverse a lower court's Sept...
  • Pick Contingency Plans - 2 Commodity payments are largely capped at $125,000 per person. People must also report under $900,...
  • Ask the Vet Some tips on fly control.
Related News Stories
Study Confirms Feed-PED Risk
CME Plans Hog Futures Changes
USDA Licenses PEDV Vaccine
Pork Audits and Conversations
USDA Mandates PEDV Reporting
PED Continues to Spread