Markets/Strategy

[jake550]

And paying $100/ac rent still makes sense using those prices and yields?? I must be missing something.....

[charliep]

I notice WiltonRanch,

Would be an interesting question if treated as a feeder and considered yield as energy per acre and looked at the two crops in terms of cost of energy produced. At end of the day, that is what you are feeding livestock.

[charliep]

Actually will add in another factor. How many Canadian cattle will move south/will Alberta be competitive on a cost of gain basis?

Just looked at a outlook service I have access to. Their range on 2015/16 corn futures is $3.75 to $4/bu. Using the bottom end and a 75 cent over basis (worst case scenario) provides a USD $4.50/bu landed Alberta price or Cdn $225/tonne track. Cost of gain should keep calves north of the border. Having said, US buyers with expensive green backs will have a big advantage in both calves and feeders. You can add in the complexities including MCOOL from there in the decision about where animals are fed. Will have an impact on barley demand.

[malleefarmer]

news from china all good re barley especially feed

[Hopalong]

mallee, presume you mean good news for exporters?

[furrowtickler]

Charlie - those numbers at under $300/ac are below many guys COP now if they are paying over $80 rent. Not saying your wrong by any means , the COP is still trying to catch profits from a few years ago

[furrowtickler]

Market / strategy - well sometimes you get lucky by doing nothing - good premiums have shown up on hrsw if you have the ability to help fill a train ...