Yesterday I was going to drive up, but I ended up getting heavily delayed because a couple of farmers right beside us, two cousins who work together and had 850 sows, were starting to euthanize after this statement was made. They cannot survive.
We feel in Ontario that least 50% are due to go bankrupt in the next three weeks. The truth is that since that statement was made, the banks have had enough, Farm Credit has had enough, and feed suppliers are not going to extend any more credit. Stuff is starting to have to go out on a cash basis.
We all know what happened with the auto industry, and that's a major problem too, but the reality is that, you know, you shut the doors, you turn the lights off, and we get this thing all ironed out. The auto industry is going to start back up again, but you cannot do this with the hog industry or any other livestock sector, for that matter. When those doors get shut, you have a major problem, because you can't feed them, so you're going to jail one way or the other. If you walk away from the operation, somebody's going to run you down because you didn't look after your financial obligations, or you're going to have the Humane Society on you because you're not looking after the animals. But if you've got no funds and no way of looking after it, nothing to do with it, it's all out of your hands, it's a major problem.