SubscriptionsGo to the Subscriptions Centre to manage your:My ProfileWestern Feedlots, which operates sites near Strathmore https://www.paydayloans16.com/, High River and Mossleigh, says shareholders made the decision due to “strong head winds” in the cattle industry, as well as what it calls a “high risk/low return environment.”The company said its decision was also based on what it called the “poor political and economic environment in Alberta.”‘Feedlots are under pressure because of declining prices.’ Kevin GrierWestern Feedlots said it will continue to feed and market its existing cattle but will suspend feedlot operations once all have been sold. The company will not be hiring employees, or purchasing feed grain or feeder cattle after that time.It said farming operations will continue for the “foreseeable future.”Responding to the company’s observation about the political environment in Alberta, the provincial NDP government’s Minister of Agriculture Oneil Carlier said it may well have been a factor.”People make decisions for all kinds of reasons,” Carlier said Wednesday. “I’m not going to disagree with them.
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