Agriculture Roundup for Wednesday, May 31, 2023
Farm Credit Canada (FCC) is offering support to hog sector customers in Ontario, Quebec and the Atlantic provinces facing financial hardship because of the current crisis in the hog industry.
Hog industry partners have faced numerous challenges in recent years, including the pandemic, labour shortages, increased input costs and higher interest rates, and packing facility closures.
FCC vice-president of operations for Quebec and Atlantic Manon Duguay said these adverse conditions have impacted the financial performance of hog farms.
“Agriculture and food is the only industry we serve, so we have a deep understanding of the challenges that come with the business,” Duguay said in a news release. “Hog producers may face a cash shortfall in addition to personal hardship and stress.”


