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NPPC: Court Ruling Undermines U.S. Pork Industry Competition
A federal district court ruling striking down pork harvest facility line speeds allowed under the USDA’s New Swine Inspection System (NSIS) will lead to increased U.S. pork industry market concentration. The ruling, set to go into effect on June 29, will undermine what is currently a healthy level of industry competition as described in a paper recently prepared by two industry economists. To preserve industry competition, the National Pork Producers Council (NPPC) is calling for a longer stay of the court order or waivers that allow the six impacted plants to continue operating at NSIS line speeds until a long-term solution acceptable to all industry stakeholders can be established.
Competition, which has fostered innovation, job growth and industry expansion, has made...
Wholestone Farms to Build Pork Processing Facility in South Dakota
Wholestone Farms, a farmer-owned pork processor, has secured property in Sioux Falls, South Dakota, located near the intersection of I-229 and Benson Road within an appropriately zoned industrial park. Wholestone Farms plans to develop the purchased land into a new, state-of-the-art pork harvest and processing facility. The project value is estimated at over $500 million and will initially employ over 1,100 people.
"Wholestone Farms and its farmer-owners have a strong culture of corporate citizenship and with many of our members currently living and doing business in the area, we look forward to...
NPPC: Federal Judge Ruling Disastrous for Small U.S. Hog Farmers
Left unchallenged, a recent federal district court ruling will result in a 2.5 percent loss in pork packing plant capacity nationwide, and more than $80 million in reduced income for small U.S. hog farmers, according to an analysis by Dr. Dermot Hayes, an economist with Iowa State University. The National Pork Producers Council (NPPC) is urging the U.S. Department of Agriculture (USDA) to intervene before the ruling takes effect at the end of next month. The ruling will dramatically reduce hog farmer market power—particularly smaller producers located near impacted plants—and undermine pork industry competition.
The federal court’s decision struck down a provision of USDA’s New Swine Inspection System (NSIS) allowing for faster harvest facility line speeds. NSIS, initiated during the Clinton administration and evaluated at five pilot plants over 20 years, was...
Olymel Announces Investment to Increase Production Capacity at Ange-Gardien Pork Processing Plant
Olymel management today announced an investment of $9 million to set up a second shift at its Ange-Gardien (formerly F.Ménard) hog slaughtering, cutting and deboning plant in Montérégie-Est, Quebec. This investment and the new evening shift will create more than 250 new jobs and should be in operation by next September. The plant, which already employs a total of 680 people, will see that number grow to more than 900, making it one of the largest employers in the region.
“This announcement is in line with Olymel’s development strategy and growth objectives. Olymel is capitalizing on synergies from the January 2020 acquisition of F.Ménard, one of the leaders of the Quebec pork industry. With this investment...
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