Reading Time: 3 minutes The price of crude oil has fallen a long way since hitting $110 in July 2013 — and the debate on how long this drop will last, and what it will do to the economy, will continue for some time to come. The plunge in oil prices will create winners and losers — the question […] Read more
Oil price plunge will affect Alberta agriculture and the beef sector
The loonie has followed oil prices down and this will impact everything from feeder prices to packing plant utilization
Devilish dollar: What’s good for producers may mean more pain for packers
Cargill and JBS plants in Alberta need more cattle, but a low dollar makes it harder to get them and also has some negatives for feedlots
Reading Time: 4 minutes A low dollar means double trouble for Alberta’s big packers — and puts stress on feedlots, too. “In 2015, with smaller cattle numbers and bigger exports, we’re going to see some pressure on our packing plants and feedlots to stay better utilized,” said Brian Perillat, senior analyst and manager with CanFax. Despite its shrinking herd, […] Read more
Cyber-Savvy Farmer
