INDIANAPOLIS — Indiana hog farmers are stepping up health protection measures and bracing for the impact of swine flu on an already struggling industry.
Purdue University agricultural economist Chris Hurt says Indiana hog farmers have been losing money every quarter for the last year and a half, and it’s gotten worse since the swine flu scare hit a few weeks ago.
Hurt estimated Indiana hog producers were losing about $5 a head on April 24; he said that number is now $20. Hurt estimates that in the week after the swine flu outbreak, the United States pork industry lost about $30 million.
Hurt says he expected prices farmers received at the market to bounce back this week amid assurances by the Agriculture Department and Centers for Disease Control and Prevention that pork was safe to consume. But that hasn’t been the case.
Hurt says he suspects the news Monday that the swine flu was transmitted to pigs in Canada shook consumer and market confidence.
In Alberta, Canada, officials quarantined about 220 pigs infected by a worker who recently returned from Mexico. It was the first documented case of the H1N1 virus being passed from a human to another species. Canada stressed that pigs often get the flu and there is no danger in eating pork.
Business/Money
Indiana hog farmers brace for effects of swine flu
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River View gets a new option
As for progress, Bobo said he met with two banks Tuesday prior to the meeting. He added there’s been interest in financing the project from national lenders including U.S. Bank.
Additionally, Bobo said his team has meet with national investors as another source to fund the project and believes Mainland Properties could soon gain financial partners for River View. -
Bridges project specifics emerging
Valentine outlined that incentives will be part of Kentucky’s contract with the winning bidder.
He explained that once construction begins, the expected cost of construction per day will total about $80,000 and the contractor can earn incentives for finishing early and penalties for finishing late. A completion date is set for June 30, 2018. -
Spring Street Hill Road repair to begin around June 1
Councilman Bob Caesar, who sponsored the council measure and is a Silver Hills resident, said the reopening of Spring Street Hill road will be a “big deal” for the community.
“We just wanted to make sure this was done once and done right,” he said. -
TARC OKs rate increases
Contrary to its monetary situation, the amount of people riding the public transit system has increased about 10 percent, Barker said.
But the transportation service had not raised its fares, aside from express routes, in four years. -
Workshops on windows set for Thursday
Instructor Jack P. Patchin of Ol’ House Experts in Madison has more than 30 years of experience in construction and restoration. Patchin has restored wood windows for homes, barns, and outbuildings.
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A bit less jump at the pump
Recent developments in the economic crisis in Greece and an apparent slowdown in China’s economy could be important to summer’s gasoline prices.
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Jeffersonville budget cuts move forward
The action is not final, as officially the council has only approved a resolution instructing the city’s financial officer to advertise the cuts.
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Corden Porter purchase tabled again
The council expressed other concerns, including the potential for asbestos in the building, the costs to cover utility payments and the costs to renovate the building.
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Road work ahead: Projects under way in New Albany
The city earmarked about $600,000 of federal Community Development Block Grant funds to improve and install sidewalks. The project list, which has to focus on inner city areas because of CDBG regulations, is nearly finished, Rosenbarger said.
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State takeover of failing schools meets resistance
Under the law, the state can step in and turn the failing school over to a private operator.
Seven schools in Indiana located in high-poverty school districts in Gary and Indianapolis are set to be taken over this coming school year. - More Business/Money Headlines
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River View gets a new option



