Agriculture Roundup for Thursday February 2, 2023

Feb 03, 2023

A Quebec company has purchased an Innisfail, Alta. processing plant and major lamb feedlot.

Préval AG is owned by Alexandre Donald, and Fabien Fontaine. Their company has more than $720 million in annual sales.

The deal is good news for lamb producers, as the Innisfail processing plant formerly known as SunGold Speciality Meats is the only federally inspected plant in Western Canada.

Préval AG, headquartered in Saint-Hyacinthe, has more than 1,400 employees, many working for companies it has acquired. Its products include veal, lamb, and beef sold under brands such as Famille Fontaine and Catelli Brothers, as well as market vegetables and grain.

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Video: What If Everything You Knew About Feed Inventory Was Wrong?

AI, Agriculture & the Future of Smart Farming with BinSentry CEO Ben Allen. Every day, livestock producers make thousands of dollars' worth of decisions based on one simple question: How much feed is actually left in the bin? For decades, the answer has often been an estimate.

In this episode of AgTech with Andrew, I sit down with Ben Allen, CEO of BinSentry, to explore how artificial intelligence, machine vision and real-time data are transforming one of agriculture's most overlooked challenges—feed and grain inventory management.
We discuss why some of the biggest inefficiencies in livestock production aren't happening in the barn, but throughout the feed supply chain. Ben shares insights from his career leading agricultural technology companies, explains why AI must solve real business problems to earn producer trust, and offers his vision for the connected farm of the future.

In this interview, you'll discover:
Why feed inventory has remained one of agriculture's biggest blind spots
How AI is reducing costly feed outages, waste and unnecessary deliveries
The hidden safety risks of traditional bin inspections
What separates successful ag technologies from those that never gain adoption
How connected farms are changing decision-making for producers, feed mills and integrators
Why real-time inventory may become as important as precision planting and autonomous equipment

Whether you're a livestock producer, grain farmer, feed manufacturer, ag retailer, nutritionist or simply passionate about the future of agriculture, this conversation offers valuable insights into where the industry is headed.