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Latest News
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April 23, 2024 News
University of Lethbridge receives $500,000 for key environmental research
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April 23, 2024 News
Alberta set to house Canada's largest renewable diesel facility
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April 22, 2024 Current Markets & Forecasts
Canfax Weekly Article | Report for the week of April 22, 2024
February 8, 2024
Business Tools
AFSC pilot to evaluate options to improve AgriStability responsiveness for cow-calf sector
Historical AgriStability analysis demonstrates that capturing full winter feed and pasture cost, along with removing feed inventory price swings during droughts, could significantly improve the responsiveness of the AgriStability program for Alberta’s cow-calf sector. A pilot study will be undertaken to determine the most appropriate program design under various winter-feeding practices. In early 2023, AFSC…
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November 1, 2023
Business Tools
Time to start thinking about farm transition
It’s no secret that Canada’s farm population is aging. Statistics Canada’s 2021 Census of Agriculture revealed that over 60 per cent of Canada’s farmers are 55 and older and that many of those farmers have no transition plan for their farms. Which is cause for concern. Decades of hard work and sacrifice could be wiped out when…
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October 30, 2023
Business Tools
Applications opening for livestock drought relief
Applications open October 30 for the 2023 Canada-Alberta Drought Livestock Assistance program, providing livestock producers with up to $165 million to maintain breeding herds. The governments of Alberta and Canada are partnering on the 2023 Canada-Alberta Drought Livestock Assistance program to support livestock producers facing extraordinary costs due to this year’s dry conditions. Funding for…
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July 20, 2023
Business Tools
Get ‘The Dish’ on perennial risk management at AgSmart
Producers can get The Dish on the challenges and opportunities of perennial risk management August 1 at AgSmart in Olds, AB. The Dish is a special informational event hosted by Agriculture Financial Services (AFSC) and AgSmart. Attendees will gain insights into the opportunities and challenges related to perennial risk management in both Canada and the…
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July 7, 2023
Issues & Insights
AFSC: Low yield allowance change encourages poor crops be used as feed
AFSC is adjusting the low yield allowance for 2023 to encourage farmers to put more poor-quality crops towards livestock feed. For 2023, AFSC is doubling the low yield threshold to allow for additional cereal or pulse crops to be salvaged for livestock feed. For example, the barley crop threshold will be increased from 150 to…
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March 15, 2023
Business Tools
Continued high crop prices major factor pushing premiums higher
More information on Alberta crop insurance premiums is available in this fact sheet. Producers can expect to see higher premiums for the 2023 crop year. The increase is mainly due to higher crop prices, more producers participating in the insurance program, and impacts from the 2021 drought. All efforts are made to ensure premiums remain…
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October 5, 2022
Checking in with ABP
Moisture Deficiency Insurance claim payments slightly delayed
Enhancements to Agriculture Financial Services’ Moisture Deficiency Insurance (MDI) have resulted in a delay for long season claim payments. Jesse Cole, manager of Insurance Products and Product Innovation, explained that producers with late season split and full season coverage typically receive their claim payments by the beginning of October. With the delay, producers should expect…
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Cattle Report
Updated: 23/04/2024
Steers
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Heifers
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Choice Steers
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Choice Heifers
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Boner Cows
Over 500 lbs: 252.29
Canadian Dollar
$73.24 0.15
Livestock Price Insurance Index
| Expiry | Fed | Feeder | Calf |
|---|---|---|---|
| 8-Jul-24 | 226 | -- | -- |
| 5-Aug-24 | 222 | 318 | -- |
| 2-Sep-24 | 220 | 324 | -- |
| 30-Sep-24 | 220 | 324 | 366 |
| 28-Oct-24 | 218 | 324 | 366 |
| 25-Nov-24 | 216 | 320 | 364 |
| 23-Dec-24 | 222 | 312 | 360 |
Last Updated on April 11, 2024
