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Rail: 302.00-312.00 (IA, NE) last week

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August 21, 2024 News

New program launches to boost agricultural sustainability

A new program, designed to enhance environmental sustainability and economic efficiency, is now open to applications.

The On-Farm Efficiency Program (OFEP) merges the former Farm Technology Program and Efficient Grain Handling Program, with new opportunities based on industry feedback collected in the fall of 2023. The approach aims to support producers in optimizing the use of agricultural inputs, such as fertilizers, pesticides, and energy, thereby achieving significant environmental benefits.

The primary goal of OFEP is to help producers achieve precision in input usage, resulting in cost savings, reduced off-target applications, and lower emissions.

OFEP offers funding through four distinct streams:

  1. Smart Farm Technology
  2. Energy Efficiency
  3. Farm Security
  4. Efficient Grain Handling

Funding is retroactive to April 1, 2023, with eligible expenses covered at a 50 per cent cost-share rate. The maximum funding per applicant is $150,000 over the program’s duration. Each stream has specific funding caps:

  • Smart Farm Technology: $50,000
  • Energy Efficiency: $50,000
  • Farm Security: $2,000
  • Efficient Grain Handling: $100,000

For certain eligible items, maximum grant amounts are specific in the funding list.

Applicants will be evaluated on a case-by-case basis according to the eligibility criteria and funding available.

Learn More and Apply

About the Author

Kara grew up on a grain farm near Bow Island, Alberta. After attending SAIT and the University of Calgary — where she obtained a degree in communication and media studies, and a diploma in broadcast news — Kara began her professional career working in agricultural communications and agricultural journalism. Kara now farms alongside her family and her husband on the family farm, where they raise a mix of livestock, crops, and barn cats.

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Cattle Report

Updated: 23/12/2024

Steers

Live: 262.00-265.00 FOB feedlot (last week)
Rail: 416.50-418.50 FOB feedlot (last week)

Heifers

Live: 262.00-265.00 FOB feedlot (last week)
Rail: 416.50-418.50 FOB feedlot (last week)

Choice Steers

Live: 191.00 (TX, KN) 195.00 (NE, CO) last week
Rail: 302.00-312.00 (IA, NE) last week

Choice Heifers

Live: 191.00 (TX, KN) 195.00 (NE, CO) last week
Rail: 302.00-312.00 (IA, NE) last week

Boner Cows

Over 500 lbs: 227.75

Canadian Dollar

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Livestock Price Insurance Index

Expiry Fed Feeder Calf
3-Mar-25 240 344 --
31-Mar-25 244 346 --
28-Apr-25 248 346 --
26-May-25 254 346 --
23-Jun-25 256 344 --
21-Jul-25 248 -- --
18-Aug-25 244 350 --
Last Updated on December 5, 2024

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