The latest AgriProfit$ newsletter for Alberta Cattlemen is now available. “The feature story in this issue is Chris Panter’s annual market fundamentals and outlook article,” says Dale Kaliel, senior production economist, Alberta Agriculture and Rural Development, Edmonton. “Chris reviews some of the short- and intermediate-term signals we’re seeing in the marketplace and how these might play out in terms of production and profit opportunities. With this in hand Chris then bridges over to some potential marketing strategies for producers to consider.”
Kaliel says the issue also contains some shorter articles as well.
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A Farm to Table Tour featured Molnar Farms, which grows a large variety of market fruits and vegetables including corn, with Taber being known as the Corn Capital of Canada.
“There’s a rundown on this fall’s ‘Cow/Calf-enomic’ workshops. I’ve added a link to the ARECA website for producers to check on events being offered by their local forage and applied research associations, and there’s also a plug for producers to sign up to the AgriProfit$ business analysis program.”
The issue closes out with Kaliel’s regular “So What” column, this time on beef returns on investment.
“I’ve dug into the AgriProfit$ data base to pull out some long-term financial performance trends relating to Alberta beef operations,” explains Kaliel. “I’ve presented 17 years of profitability levels for cow herds and supporting enterprises. The article focuses on how to calculate and use return on investment as a guide for making profit-driven business choices.”
Producers enrolled in the AgriProfit$ program are automatically on the AgriProfit$ Newsletter mail list and will receive a copy of the newsletter in the mail. Contact Kaliel at 780-427-5390 or at [email protected] to be added to the mail list. The newsletter is also posted on Alberta Agriculture’s website.
