North Dakota Barley Feeders, LLLP Proposes to Add Value to ND Commodities
here is an abundance of undervalued feed in North Dakota. Feeds include corn, sprouted wheat, barley, field peas, hulless oats, oilseed meals, and many co-products from value added processing plants besides the significant amounts of all types of forages. Currently, we export a high percentage of our feeder cattle and sell our feed at discounted prices. Research and commercial experience across the state support the fact that North Dakota feedlots can compete biologically and economically with commercial feedyards in other states.
ND Barley Feeders, LLLP (NDBF) has
been formed as an investment group to feed cattle in existing yards across the
state. We will work with existing
management to insure optimum performance of the animals.
Cattle will be purchased and sold continually to reduce effects of market
fluctuation. Risk will be managed
for cattle and feed by forward pricing, using options and futures and taking
opportunity if high profit windows occur. The
NDBF will be operated by a Board of Directors elected from the investor members
with a cattle manager and required administrative support.