Magnifying Glass

AB Direct - Steers

Live: ---
Rail: 415.00 del

AB Direct - Heifers

Live: ---
Rail: 415.00 del

US Trade- Steers

Live: 190.00 (IA, NE, TX, KN)
Rail: 295.00-297.00 (IA, NE)

US Trade - Heifers

Live: 190.00 (IA, NE, TX, KN)
Rail: 295.00-297.00 (IA, NE)

Canadian Dollar

$70.69
0.63
October 30, 2023

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 this joint AgriRecovery initiative is provided through the Sustainable Canadian Agricultural Partnership (Sustainable CAP).

Livestock producers who altered their usual grazing practices due to drought conditions for more than 21 days this season can apply for financial support to cover losses incurred to manage and maintain female breeding animals such as cattle, bison, horses, elk, sheep, goats, alpacas, yak, musk ox, deer, water buffalo and llamas. A minimum of 15 animals per type of livestock are required to qualify.

Benefits will be based on a feed-need calculation for feed costs incurred from lost grazing days for eligible breeding animals on hand as of Dec. 31, 2023. Eligible producers could access up to $150 per head to help maintain the breeding herd in drought regions.

Agriculture Financial Services (AFSC) will administer the initiative and livestock producers can get more information and apply online on AFSC’s website. The application deadline is January 15, 2024 and extraordinary costs can be incurred until March 31, 2024.

This announcement is part of a larger disaster response totalling $365 million in federal-provincial cost-shared funding under the AgriRecovery Framework to help farmers and ranchers in British Columbia, Alberta and Saskatchewan with extraordinary costs due to this year’s extreme weather conditions.

Read the full release: Applications opening for livestock drought relief

For more information, please see our AgriRecovery page

About the Author

Agriculture Financial Services (AFSC) is a provincial Crown corporation with the mission of providing leading, innovative, client-focused financial and risk-management solutions to grow agriculture in Alberta.

Cattle Report

Updated: 05/12/2024

Steers

Live: ---
Rail: 415.00 del

Heifers

Live: ---
Rail: 415.00 del

Choice Steers

Live: 190.00 (IA, NE, TX, KN)
Rail: 295.00-297.00 (IA, NE)

Choice Heifers

Live: 190.00 (IA, NE, TX, KN)
Rail: 295.00-297.00 (IA, NE)

Boner Cows

Over 500 lbs: 224.65

Canadian Dollar

$70.69   0.63

Livestock Price Insurance Index

Expiry Fed Feeder Calf
17-Feb-25 236 338 --
17-Mar-25 236 334 --
14-Apr-25 242 336 --
12-May-25 246 338 --
9-Jun-25 254 338 --
7-Jul-25 246 -- --
4-Aug-25 240 -- --
Last Updated on November 21, 2024

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