FCC supports customers in the hog sector
Farm Credit Canada is offering support to hog sector customers in Ontario, Quebec and the Atlantic provinces facing financial hardship as a result 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, packing facility closures, etc. 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,” said Manon Duguay, FCC vice-president of operations for Quebec and Atlantic, in announcing the customer support.
“The challenges in the hog sector won’t be resolved quickly, especially in the East with less slaughter capacity and reductions in the Quebec hog herds”
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