Farms.com Home   News

Olymel plans to close six hog production facilities in Western Canada

Ongoing challenges in the pork industry, financial losses, and uncertainty in the hog and pork markets led to the decision.

Olymel announcing the closure of five sow units in Alberta (Smoky Sow/Dev, Pinnacle 1, Pinnacle 2, Dynacrest 1, and Dynacrest 2) and one in Saskatchewan (Kelsey) cutting about 17,000 sows from their operations.

Approximately 80 staff have been given their layoff notices,  Olymel is working with those affected to find other positions within the company or placement outside the company. 

Over the next few months, they will begin winding down operations at the barns which will remain shuttered until the market conditions improve.

The closures will result in a net reduction of about  200,000 company-owned market hogs annually to the Red Deer slaughter plant.

The full impact of the move will not be felt until 2024 at the earliest and will be subject to independent hog supply availability.

We'll have an update on the situation tomorrow with Olymel's Vice President of Swine Production for Western Canada Casey Smit.

Source : Pembinavalley online

Trending Video

Leon Sheets Talks Hologram Tech with Thorp at Iowa Pork Congress 2025

Video: Leon Sheets Talks Hologram Tech with Thorp at Iowa Pork Congress 2025

Join pork producer Leon Sheets from Swine Web as he chats with Jason Latto of Thorp Equipment at the 2025 Iowa Pork Congress. Discover how Thorp Equipment is using a tradeshow hologram and cutting-edge technology to showcase their products in a revolutionary way. Don't miss this exciting insight into the future of agricultural innovation!