Saskatchewanbased Big Sky Farms, the second-largest hog producer in Canada, is filing for bankruptcy. Big Sky CEO Casey Smit says the pork industry has been facing some hard times due to a major drought in the United States. He says it has impacted feed costs, putting them at record highs. He says traditionally feed has cost about $75 per hog and now that's reached $120. The situation has caused producers to ship hogs to market early to try and offset the cost, but that also flooded the market lowering prices.
