Posted 2/26/2021 14:51 (#8859930 - in reply to #8859900) Subject: RE: Building a new feedlot in Western Canada video link
Central Saskatchewan Canada
Alberta Pioneer - 2/26/2021 14:29
johndeere1 - 2/26/2021 13:17
Alberta Pioneer - 2/26/2021 13:30
I hope it pans out for Kevin. I don’t know what long term outlook is currently, but short term doesn’t look great for feeders.
I'm a little more optimistic. I think with less animals to slaughter over the next few years the price of fats will be well supported.
Is that price sustainable though? Barley is $6.75 here, that’s a local buyer.
He grows a large chunk of his own feed so he's self insuring his operation. With his expansion he will have to source a lot more feed tho. I can't remember but does he not have someone or some company backing him on this feedlot?