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News 349 views last update:7 Aug 2012

US pig firm buys Cargill feed mill

New Generation (NG) Pork Finishing has signed a deal to buy Cargill's feed mill at Swift Current in south western Saskatchewan for an undisclosed sum. The deal is expected to close on May 15.

NG runs a 5,000-sow farrowing operation in western Manitoba and has recently invested in finishing spaces in south western Saskatchewan for total production of over 125,000 market hogs a year.

Partners in NG include members of the Progressive Group, a livestock production management firm based at Niverville, Man. Among its other investments, the company late last year bought a meat processing company at Winkler, Man.

"We are very pleased to be able to invest in these opportunities, as they will help us promote and advance pork production in this region," said NG spokesperson Dickson Gould, the president of the Progressive Group and a former president of hog production firm Elite Swine.

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