AB Direct - Steers

Live: ---
Rail: 390.00 del

AB Direct - Heifers

Live: ---
Rail: 390.00 del

US Trade- Steers

Live: 183.00 (TX, KN) 184.00-185.00 (NE, IA)
Rail: 292.00-293.00 (NE, IA)

US Trade - Heifers

Live: 183.00 (TX, KN) 184.00-185.00 (NE, IA)
Rail: 292.00-293.00 (NE, IA)

Canadian Dollar

July 22, 2021

ABP welcomes government support for producers impacted by drought

The Government of Canada has announced support for producers who are struggling due to the severe and widespread drought affecting the Prairie provinces. Agriculture and Agri-Food Minister, the Honourable Marie-Claude Bibeau announced the early designation of the Livestock Tax Deferral, and immediate adjustments to the AgriInsurance program to make drought-damaged crops available for feed.  

“I am extremely pleased with today’s announcement from Minister Bibeau. A significant portion of our proposals to the government were included in the support outlined by the federal government. I would like to thank both federal and provincial governments for their swift action to deliver on our requests. This is a good first step towards maintaining our mother cow herd,” said Dr. Melanie Wowk, Chair, Alberta Beef Producers (ABP). 

The early designation of the Livestock Tax Deferral for prescribed drought regions will allow beef producers who are forced to sell a significant amount of their breeding herd, due to drought conditions, to offset the resulting revenues with the costs to replace the herd. ABP is encouraging the government to include additional eligible regions in Alberta as soon as possible.  

AgriRecovery assessments are ongoing as the federal and provincial governments work to gather all necessary information to evaluate the extraordinary costs faced by producers. Support will be provided as required for additional costs of livestock feed, transportation and water infrastructure.  

“Today’s announcement from Minister Bibeau shows the government’s commitment to agriculture, and the beef industry. I would like to express our sincere gratitude to both Ministers Bibeau and Dreeshen for delivering on the needs of farmers and ranchers, who work hard to provide food to families in Alberta and across Canada,” said Brad Dubeau, ABP General Manager.  

Provinces affected by drought can also invoke the late participation provision of AgriStability. This will allow producers who have not enrolled to access the program, and apply for interim payments to cope with immediate financial challenges. 

ABP recognizes that stress and uncertainty through crisis can have negative impacts on mental health. Resources are available for those in need of support during this difficult time.  

For all media inquiries, please contact:

Katelyn Laverdure
Email: katelynl@albertabeef.org

Share this on

Leave a Reply

Your email address will not be published. Required fields are marked *

Top Stories

September 20, 2023 Checking in with ABP

Providing direction at upcoming Engagement Sessions

September 20, 2023 Current Markets & Forecasts

The Bovine: Ryan Copithorne's market outlook for Fall 2023

September 18, 2023 Checking in with ABP

Canfax Weekly Article | Report for the week of September 18, 2023

Cattle Report

Updated: 22/09/2023


Live: ---
Rail: 390.00 del


Live: ---
Rail: 390.00 del

Choice Steers

Live: 183.00 (TX, KN) 184.00-185.00 (NE, IA)
Rail: 292.00-293.00 (NE, IA)

Choice Heifers

Live: 183.00 (TX, KN) 184.00-185.00 (NE, IA)
Rail: 292.00-293.00 (NE, IA)

Boner Cows

Over 500 lbs: US $215.30

Canadian Dollar

$74.50   0.17

Livestock Price Insurance Index

Expiry Fed Feeder Calf
18-Dec-23 232 322 -
15-Jan-24 236 322 -
12-Feb-24 238 332 -
11-Mar-24 238 332 -
8-Apr-24 244 338 -
6-May-24 248 340 -
3-Jun-24 252 348 -
Last Updated on September 21, 2023