Feedlots a big economic engine for Alberta

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Published: March 9, 2023

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Feedlots a big economic engine for Alberta

Alberta Cattle Feeders’ Association has produced a promotional video highlighting the sector’s economic impact in the province. Based on 2020 data compiled by ag consulting firm Serecon, the sector generates $2.9 billion in economic activity annually.

Roughly a third of that comes directly from the sector and the other two-thirds in spinoffs. For every animal in a feedlot, one job is created and $1,476 in economic output is created, says the association.

To make those “big numbers” more relatable, the video compares the economic stats to other items. (For example, $2.9 billion equates to 644 million bags of flour.)

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Screenshot: shoparvo.ca

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Two Albertans, who have a cow-calf operation near McRae, had the idea to create Arvo, an online farmers’ market, after being unable to find beef from within their own community.

The video can be found at cattlefeeders.ca.

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