AB Direct - Steers

Live: 182.25
Rail: ---

AB Direct - Heifers

Live: 182.25
Rail: ---

US Trade- Steers

Live: 143.00-147.00
Rail: 227.00-232.00 Del

US Trade - Heifers

Live: 143.00-147.00
Rail: 227.00-232.00 Del

Canadian Dollar

$73.76
034
September 19, 2022

AFSC offers interim changes to loans for cattle producers

Agriculture Financial Services Corporation (AFSC) is helping producers access capital in response to challenges like drought in recent years.

“We’ve made some interim changes to our loan processes to ensure Alberta’s cattle producers have access to the capital they need to maintain their herds and operations,” says Jason Turner, Lending manager.  

“These changes include quick processing of loans up to $200,000, interest-only payments for up to 24 months, up to 60 month loan amortization, and flexible collateral considerations.” 

Cattle producers may be able to use unencumbered breeding females and/or mortgage on their land or other acceptable security to secure their loans. 

AFSC can also help existing lending clients through interest-only payments, payment deferrals, and the reamortization of existing loans.  

“We encourage producers to contact AFSC and speak to a lending relationship manager to find the right solution to their situation,” said Turner. 

If you have questions or would like to learn more about AFSC’s lending options, please contact a lending relationship manager, use Live Chat on our website or AFSC Connect, or call our Client Care Centre at 1.877.899.2372.

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Cattle Report

Updated: 23/09/2022

Steers

Live: 182.25
Rail: ---

Heifers

Live: 182.25
Rail: ---

Choice Steers

Live: 143.00-147.00
Rail: 227.00-232.00 Del

Choice Heifers

Live: 143.00-147.00
Rail: 227.00-232.00 Del

Boner Cows

Over 500 lbs: US$ 166.34

Canadian Dollar

$73.76   034

Livestock Price Insurance Index

Expiry Fed Feeder Calf
19`-Dec 186 230 -
16-Jan 192 230 -
13-Feb 194 234 -
13-Mar 192 236 -
10-Apr 198 238 -
8-May 202 244 -
5-Jun 208 252 -
Last Updated on September 22, 2022