Newfoundland Hog Price Stabilization Program

OBS: During fiscal year 1984, a price stabilization program provided pork producers interest-free loans from the provincial government equal to the difference between a stabilization price based on the cost of production and the market price for hogs. However, that program was terminated and in April 1985 the provincial government set up a new price support program whereby hog producers receive a certain amount per pound on all market hogs regardless of the prevailing market price.