Feb. 25, 2011 – Ontario’s turkey producers and processors have agreed to share changes in the cost of feed until the end of the quota year April 30 and avoid an Ontario Agriculture, Food and Rural Affairs Appeal Tribunal hearing.
Feb. 25, 2011– Ontario’s turkey producers and processors have agreed to share changes in the cost of feed until the end of the quota year April 30 and avoid an Ontario Agriculture, Food and Rural Affairs Appeal Tribunal hearing.
Processors had been concerned that rapidly rising costs for corn and soybeans would be quickly pushed into the cost of live birds.
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If those costs couldn't be passed through to retailers and then onto consumers it would hit processors' margins.
The agreement is retroactive to Jan. 10.
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