Livestock Risk Partners

“Don’t get sleepy in your risk management, if you have opportunity to cover a profit, take it!”———–Jim Mintert, Purdue University
Providing quality LRP, PRF & LGM Insurance Coverage!

Agriculture Roundup for Monday, June 19, 2023

Global pork processing company HyLife is laying off 87 people in Manitoba. Twenty-nine of those positions are at Hylife Food’s pork processing plant in Neepawa, while the remaining positions are mainly administrative roles at the company’s head office in Steinbach. HyLife president and CEO Grant Lazaruk said the company has been dealing with inflation, rising production costs, uncertainty in hog and pork markets, and in foreign exchange rates.