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Major Quebec pork industry players agree on prices

The main players in the hog industry have agreed on a new pricing formula to define the price of animals sold to slaughterhouses.

The Hog Marketing Agreement was made public Tuesday.

It marks the culmination of a conciliation process led by former Charest government finance minister Raymond Bachand since August.

Bachand presented the agreement earlier Tuesday to Agriculture Minister André Lamontagne, accompanied by David Duval, president of the Éleveurs de porcs du Québec, and Yanick Gervais, president and CEO of Olymel.

At the end of the meeting, Lamontagne stressed the importance of solidarity in a difficult context for all industry players.

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