Lakeside Sells to Nilsson Bros. For $107M

[wilagro]

Why do you think that the AB gov't is GIVING you money?

Is it so that you will shut up about that troublesome "packer owned and controlled fed supply"? The gov't doesn't want to face that problem and perhaps it would just as soon aweep it into a dark corner.

I have heard my neighbour say that in his opinion, "packer owned and controlled fed supply" played little part in what we get for our calves or our cull cows. Who is right on this? Should there be a limit on what percentage of "packer owned and/or controlled fed supply" enters the market?...and who would monitor this? Who would pay for this extra cost?

I am sure that any competitiveness in the Alberta meat packing industry has been in the past and still is, only illusionary for the most part. Pretty hard to be seen as being competetive when your dealing with your own vertically integrated supply much of the time and by doing so, in effect, tempering the market. When the main packers all do this...there must be an advantage for them or they wouldn't do it.

[spudchucker]

I notice that grassfarmer makes mention the Nisson bought it with the "expectation of making a profit" as if that was a bad thing. I am always out to make a profit. Why shouldn't anyone else?

[per]

Sure Willagrow, but we could take our new found income and use it to circumvent that issue. I guess if the we were the vertical integrated ones I wouldn't have as much problem with it. Kind of novel the producers controlling the industry. Most probably just a pipe dream though.

[grassfarmer]

spudchucker, I said Nilssons bought it with the expectation of making a profit but in no way did I imply that was a bad thing. Please don't put words in my mouth. I too am always out to make a profit.

[Sheri]

I'd sure appreciate a copy of the petition and updates as to how many signatures it's collected and to whom it will be presented and when.

We've been following the issue and will continue to do so.

Below are links for two articles on sale, a third is being published next week.

editorial on the deal:
http://www.maplecreeknews.com/index.php?option=com_content&task=view&id=3027&Ite mid=136

news article
http://www.maplecreeknews.com/index.php?option=com_content&task=view&id=2978&Ite mid=126

Also, please note the similarities between the JBS deal and what this will mean as it pertains to the entire north american cattle business.

http://www.maplecreeknews.com/index.php?option=com_content&task=view&id=2898&Ite mid=136

Thanks for all your help.
Please forward any info relating the Tyson - XL deal to maplecreeknews@gmail.com

Sheri Monk