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Randy K

rkaiser

Well-known member
Pretty easy one there Big Muddy. Ownership. Canada Gold Beef will be a producer owned company that owns beef.

CBA is nothing more than we have right now with a new name. More help and promotion than we are currently using to sell beef for Cargill and Tyson.

Ready to buy your share yet --- they'll be cheap so that ever producer in this country can get in. Or do you have a few more questions.

Heading down to Calgary today to merge Canada Gold with another group that will knock your socks off Big Muddy. :wink:
 

hillsdown

Well-known member
What kind of investment are we talking about for the producer , most aren't even breaking even to spare a percentage of their sales to invest.

I think this may be the end for a lot of Alberta beef producers too little too late.
 

Kato

Well-known member
Just came back from the auction mart today.

What a miserable place that was! We sold a bunch of steers a couple of weeks ago, and weren't too happy that we just broke even after a winter's work, but if we'd waited until today we'd have lost about $60.00 a piece on them. :shock: :shock: Times that by 250 and it's pretty painful. We didn't know it at the time, but we dodged yet another bullet.

We've got the feed mill practically begging us to put more steers through this summer, but can't find a darn thing to feed that will make a return, even feeding screening pellets. Start feeding barley and forget about it! Contracts are non existent, so there is no safety net at all.

They are worried at the feed mill that they won't have any business at all this summer, and the truckers tell us they're hardly working now. Hogs sure aren't going to bail them out either.

With the price of cull cows up now, breds are going to slaughter more than ever. It used to be that by April, bred cow sales were all done for the year, but they are still going on every week around here.

That's my gloom and doom report for the week. :? I'm hoping that the turnaround, which is bound to happen because it always does, comes soon enough for us to keep a cattle industry going in this country. It will be really interesting to see what's still around in the fall. Could be a real shortage of feeders? We can hope such a thing might help prices.

OK Randy, bring us some good news please. :D :D We could use some for a change. :!:
 

rkaiser

Well-known member
Holy Sheep sheet Kato cheer up.

Our meeting went well last night and this Canada Gold thing is growing like a bad weed, or a good weed. Who the hell ever said weeds are bad anyway. The damn things just fill in space that we humans screw up.

Anywhoo. Can't give a lot of details, but I'll tell you this. Watch the four western provinces come together and even watch the Gencor thing. Check out the Maple Leaf Plant in Winnipeg that is being revamped by the Natural Prairie Beef Boys. The Universe was always in alignment, we just weren't paying attention. Time to be "aware" Kato and work with what you see and hear. Everything happens for a reason............................


Yin Yang Randy
 

Northern Rancher

Well-known member
They better be reasonable shares that Natural Valley deal wiped out alot of hard earned equity in this neck of the woods. talked to a friend yesterday dropped six figures between investment,feed bill and unpaid cattle.
 

Kato

Well-known member
Gee NR, I thought it was just the Manitoba cattle that weren't paid for. :shock: :shock:

Randy, we are ready to move on. If we weren't we sure wouldn't still be here. 8) 8) We're in for the long run, and getting too old to learn a trade. :wink: One thing for sure, is that there's going to have to be a lot of safeguards built in to anything that comes up in the future though, because everybody's pretty gun shy, and most have absolutely no ability to absorb even a slight setback.

We usually take lightweight calves and feed them up to 7 weights when they're ready to go to a big feedlot. We did the math this morning, and the way things stand we'd have to get calves under 400 pounds and under 80 cents to make it worth the risk. And that's steers, not heifers. We need a margin of safety before taking a risk in this market, but whoever would be selling those calves to us would be taking a beating. Yet we just can't be doing this for nothing.

We're thinking a summer away from feeders would be a good thing. Take a day off here and there and go fishing. Let things settle down a bit and see what fall brings.
 

per

Well-known member
Lost some of my hard earned money in a packing plant in Armstrong BC. Never been able to make money in BC. If I ask any of you to go in on a BC investment, RUN! Having said that, I don't regret the loss. Sometimes you just have to step up to the plate. If a few more of the planets would have lined up we would all look like hero's. Randy I'm ready although any investment has to stay away from BC because if I invest there it will probably fail. Thank goodness the Venture Exchange was moved to Toronto. That leads to public or private question? Will there need to be non Agriculture money to make this fly?
 

rkaiser

Well-known member
That's partly where that man you worked so hard to get in office comes in per. Not only is he stepping up now, we will certainly need him and the other provincial ministers as well as the fed to set up some loan guarantee's etc down the road.

I can't see why we would deny outside money either. Different classes of shares hell, the stock markets have been pretty risky biz these days anyway. Might get a few bucks out of people who actually beleive that food is a good thing and is going to be needed for a little while yet ---- while we inhabit the friggen planet anyway.

If good old Alberta and Saskabush would catch up to the Manitobites on the checkoff issue we could see some progress as well. If Manitoba has 12% of the Canadian cowherd and can collect a few mil for packing plant infrastructure, surely Alberta money could buy the plant at Balzac which is still for sale.
 

cowzilla

Well-known member
Being one of the guys who has left his checkoff dollars in the pot so to speak I hope it will be put to good use. Looks like rough going for the year in this province . Still got a pen of shortkeeps not sure what to do with them . Should have sold them when Kato sold theres :roll: Lots of feeders saying there silage must have been FREE THIS WINTER :!: Think I go watch the calves play might cheer me up.
 

Big Muddy rancher

Well-known member
Well Randy your not lacking enthusiasum but I get conflicting messages from what I read.

Your telling us we need to get on the band wagon and buy shares.then Rick Pascal is telling us in the papers that it is a way to stop the competion between sectors and get more money down to the cow /calf producer.

I don't want to be the "WET BLANKET" but I don't really think this has been explained well enough for the average producer to know how to capture some extra profit.
I do know that the ABP Canadian Beef advantage will have to show some premiums before many producer get on side as they are tired of jumping through the hoops to provide ID, Age< QSH/VBP with out seeing a premium.
 

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