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Olymel, a major food company from Quebec, has put in a bid of $65 million to buy Big Sky Farms, a struggling Saskatchewan-based hog-raising operator.

Big Sky has hog barns across the Prairies and is currently experiencing financial problems.

Olymel is already a buyer of hogs from Big Sky. The purchase offer would ensure it maintains a supply of animals for its needs.

Other companies have until next month to put in competing offers.

(With files from CBC's David Shield)

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