USA - Three groups ask for Sow Buy-Out program
http://nationalhogfarmer.com/marketing/news/0820-pork-industry-sow-buy-out/
25-Aug-2009 (16 years 9 months 19 days ago)Producers Livestock Marketing Association, National Farmers Union and Allied Producers Cooperative are calling on USDA to evaluate the pork market impact of a $200-million, federally funded sow buy-out program to reduce pork supplies. The groups say pork producers are losing more than $30/hog today and are projected to lose nearly $54/head this fall.
The groups’ sow buy-out plan targets a reduction of 500,000 sows, using government funds at $400/sow for a total of $200 million. Producers would provide cash receipts verifying that those sows had been sold for slaughter, sign a document testifying to their sow herd count, and promise not to bring more sows into the herd for at least three years.
The groups’ sow buy-out plan targets a reduction of 500,000 sows, using government funds at $400/sow for a total of $200 million. Producers would provide cash receipts verifying that those sows had been sold for slaughter, sign a document testifying to their sow herd count, and promise not to bring more sows into the herd for at least three years.