Magnifying Glass

AB Direct - Steers

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

AB Direct - Heifers

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

US Trade- Steers

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

US Trade - Heifers

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

Canadian Dollar

$69.58
0.31
August 12, 2021

Alberta’s beef industry seeks response to provincial AgriRecovery submission

Alberta’s beef industry is calling on the Government of Canada to respond to the AgriRecovery request submitted by the Government of Alberta.
 
“We are anxiously awaiting a decision from the federal government on Alberta’s request for support through AgriRecovery. Every day producers are left facing uncertainty is another day closer to decisions that could have significant and detrimental long-term impacts on farms and ranches across Alberta, and to the national cow herd,” says Dr. Melanie Wowk, Chair, Alberta Beef Producers. “There’s some concern surrounding an upcoming federal election, and we would like to see a response as soon as possible.”
 
The Government of Alberta has formally requested $203 million from the federal government through AgriRecovery to aid producers during this agricultural disaster. If approved, producers would be able to apply for a $106 per head payment, in addition to the initial $94 per head payment from the provincial government. This would provide Alberta’s farmers and ranchers with a total of $200 per head in AgriRecovery support.
 
Alberta has already committed to an immediate $136 million for Alberta’s livestock producers to purchase feed and water, and cover fencing costs. The requested funding would increase Alberta’s AgriRecovery total to $340 million, split 60-40 between the federal and provincial governments.
 
On August 6, the Government of Canada announced $100 million under the federal portion of AgriRecovery to address extraordinary costs faced by producers due to the drought and wildfires. With Alberta’s request totalling $203 million, it is clear across the country that significantly more federal funding will be required to address the substantial impacts of this drought.

For all media inquiries, please contact:

Katelyn Laverdure
Phone:
 403.451.1176
Email: katelynl@albertabeef.org

Latest News

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

$69.58   0.31

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

Add abpdaily.com to your home screen

Tap the menu button next to the address bar or at the bottom of your browser.

Select ‘Install’ or ‘Add to Homescreen’ to stay connected.