Tag: Big Sky Farms

With Puratone and Big Sky Busts in Mind, CGC Considering Licensing Feed Mills

The Canadian Grain Commission announced today that it is starting¬†consultations on whether it should license feed mills and extend payment protection to farmers who sell grain to feed mills in Western Canada. Producer organizations have been asking the CGC to consider expanding its payment security program to non-licensed buyers after two of Canada’s largest hog… Read more »

Puratone and Big Sky Sales to Proceed

Canada’s Competition Bureau has approved the sale of Puratone Corporation to Maple Leaf Foods and Big Sky Farms to Olymel in a major step towards consolidation of Canada’s and especially Western Canada’s hog industry. The bureau said in a statement: “the Bureau concluded that the mergers were unlikely to lead to a substantial lessening or… Read more »

Bidding Begins for Big Sky Farms

Quebec-based Olymel has officially made a bid for Big Sky Farms, the Saskatchewan-based hog producer that recently entered receivership. Olymel has made a bid of $65 million to purchase the company. If successful, it’s likely operations would not change significantly, as Olymel processed much of Big Sky’s production. While this is the only current bid,… Read more »

Puratone Files for Creditor Protection

Niverville, Manitoba-based Puratone Corporation is the second major hog producer in as many weeks to hit the skids, Harry Siemens reports¬†. Puratone filed for creditor protection today, after the board of directors agreed it was the only viable alternatives given the present financial state of the company. Puratone is a major hog supplier to Maple… Read more »