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Pork buyout may not work for cattle

Pork producers are in the middle of a federal buyout program but cattle industry leaders say it wouldn’t work for beef.

Agriculture and Agri-Food Canada, together with the Canadian Pork Council, developed the Hog Farm Transition Program (HFTP) last year as a way to help producers who want out of an industry under duress.

And for at least a few cattle producers hit hard after seven financially difficult years, a buyout program has begun to look tempting.

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