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Rail: 492.00-493.50 FOB feedlot (last week)

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US Trade- Steers

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Rail: 355.00-363.00 (IA, NE) last week

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Live: 228.00 (NE, IA) last week
Rail: 355.00-363.00 (IA, NE) last week

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May 10, 2022 Checking in with ABP

Government of Alberta commits over $60M to UCVM expansion

The Government of Alberta is investing over $67 million over three years to support enrolment and infrastructure expansions at the University of Calgary’s Faculty of Veterinary Medicine (UCVM).

“Agriculture is a key pillar of Alberta’s economy. That’s why it is so critical we ensure that livestock have access to the veterinary care that keeps them healthy. Through Alberta’s Recovery Plan and the Alberta at Work Initiative, we are addressing the shortage of veterinarians, and that our furry companions have the care they need, when they need it.” 

Premier Jason Kenney

Of the funding, $8.4M will go towards enrolment — increasing existing seat numbers by 50. And $59M will support the construction of new infrastructure “to accommodate future learners.”

Veterinarian, cattle producer and Chair, ABP, Dr. Melanie Wowk joined us to talk about the global veterinary shortage in our inaugural episode of The Bovine — a podcast by Alberta Beef Producers.

“This announcement marks a historic moment for veterinary medicine, animal care and the future economy of Alberta,” said Dr. Daren Mandrusiak, President, Alberta Veterinary Medical Association. “The Alberta Veterinary Medical Association thanks the Alberta government for this generational investment that allows critically needed expansion of the world-class veterinary education at the UCVM and helps to address the significant labour gaps facing our veterinary profession. Alberta will be well served by this new and expanded generation of veterinarians.”

The funding is part of the provincial government’s ‘Alberta at Work Initiative.’

Latest News

Cattle Report

Updated: December 22, 2025

Steers

Live: ---
Rail: 492.00-493.50 FOB feedlot (last week)

Heifers

Live: ---
Rail: 492.00-493.50 FOB feedlot (last week)

Choice Steers

Live: 228.00 (NE, IA) last week
Rail: 355.00-363.00 (IA, NE) last week

Choice Heifers

Live: 228.00 (NE, IA) last week
Rail: 355.00-363.00 (IA, NE) last week

Boner Cows

Over 500 lbs: 301.90

Canadian Dollar

$73.01   0.19

Livestock Price Insurance Index

Expiry Fed Feeder Calf
16-Mar-26 286 446 --
13-Apr-26 290 444 --
11-May-26 298 446 --
08-June-26 302 444 --
06-July-26 294 -- --
03-Aug-26 288 -- --
31-Aug-26 278 440 --
Last Updated on December 18, 2025