Crisis talks are underway after South Australian meat processor JBS announced it would stop operating its Seven Point Pork (SPP) processing facility at Port Wakefield in early January next year.

About 270 jobs will be lost, including 160 belonging to people who live in the regional council area.

JBS pork division chief operating officer Edison Alvares said the decision came after a reduction of a significant number of pigs from one of the company's key strategic partners…

JBS has said it would also meet any obligations it had to its workforce and its suppliers.

A Coles spokesperson said the company was shifting some pork processing to other states to reflect growing customer demand…

Federal Liberal member for Grey, Tom Venning, said it was "very disappointing" to hear 270 workers would lose their jobs in January.

He said it was also disappointing for suppliers who were already dealing with drought…

Mr Venning said he had sought further clarification from Coles around the decision…

… the abattoir's closure would have "huge ramifications" for the wider community…