Newspaper article The Canadian Press

Western Feedlots Winding Down Cattle Operations, Cite Alberta's Politics, Economy

Newspaper article The Canadian Press

Western Feedlots Winding Down Cattle Operations, Cite Alberta's Politics, Economy

Article excerpt

Western Feedlots winding down cattle operations

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HIGH RIVER, Alta. - One of Canada's largest cattle feeder operations says it's winding down its cattle ownership and cattle feeding operations.

Western Feedlots, which operates sites near Strathmore, High River and Mossleigh, says shareholders made the decision due to "strong headwinds" in the cattle industry, as well as what it calls a "high-risk/low-return environment."

The company also says its decision was also based on the "poor political and economic environment in Alberta."

Western Feedlots says it will continue to feed and market the existing cattle, and suspend feedlot operations once all have been sold.

Western will not be hiring employees, or purchasing feed grain or feeder cattle after that time.

It says farming operations will continue for the "foreseeable future. …

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