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April 23, 2024
News
University of Lethbridge receives $500,000 for key environmental research
A new $500,000 grant to the University of Lethbridge will help explore water storage in lakes, restoring habitat for the endangered sage-grouse, and other key environment issues impacting Southern Alberta and other regions of the province. This collaborative research will help government and university researchers better understand and respond to droughts, species at risk, and…
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April 23, 2024
News
Alberta set to house Canada’s largest renewable diesel facility
Alberta’s government introduced the Agri-Processing Investment Tax Credit in spring 2023 to support economic growth and diversification. While the tax credit is attracting large-scale investment in value-added manufacturing, Alberta is set to house Canada’s largest renewable diesel facility. Imperial is announcing a $720-million project, with production set to begin in 2025. Imperial’s new facility will…
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April 22, 2024
Current Markets & Forecasts
Canfax Weekly Article | Report for the week of April 22, 2024
In Alberta last week, fed steers and heifers set new record highs at $256.40/cwt and $254.40/cwt respectively. Fed steer and heifer prices have rallied $32 – 38/cwt since the beginning of the year compared to a rally of $37 – 40/cwt for the same period last year. Dressed sales last week were $425-432/cwt delivered with…
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April 17, 2024
News
Budget 2024: The impacts on agriculture
The Government of Canada unveiled Budget 2024 this week. The budget recognizes Livestock Tax Deferral, the importance of interoperability, the potential for AI, capital gains exemptions, and the Advance Payment Program (APP). Below are some of the ways that Budget 2024 impacts agriculture. Livestock Tax Deferral What is it? The Livestock Tax Deferral is an instrument…
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April 17, 2024
Business Tools
SCAP Water Program updates recognize regional variation
The Sustainable Canadian Agricultural Partnership (Sustainable CAP) has undergone some significant changes in its water program. The Sustainable CAP Water Program supports primary producers in securing, protecting, and managing sustainable water sources. Whether through new or expanded dugouts, farmers can enhance water security at the farm level. Changes to the grant were brought forward from…
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April 17, 2024
Business Tools
Pre-2002 CFOs encouraged to seek formal grandfathering determination
Do you own a pre-2002 confined feeding operation? Help protect its future with a formal grandfathering determination from the NRCB Did your operation exist, or was it permitted by the county, before the Agricultural Operation Practices Act (AOPA) came into effect on January 1, 2002? If so, now is the time to request a formal…
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April 16, 2024
Business Tools
The GOLD standard for record-keeping
This article was originally posted on the Beef Cattle Research Council’s website on March 30, 2023. Whether you use a computer software system or track herd records by hand, there are four record keeping GOLD standards that can be determined for your cow-calf operation and compared to beef industry benchmarks for the same indicators. By…
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April 15, 2024
Current Markets & Forecasts
Canfax Weekly Article | Report for the week of April 15, 2024
In Alberta last week, weighted average fed steer and heifer prices closed the week around $249.25/cwt live, $6/cwt higher than the previous week. Fed cattle prices established new record highs. Competition on the Western Canadian market was good with packers actively making inquiries for cattle. Last week, a stronger price tone was noted from Wednesday…
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April 15, 2024
Checking in with ABP
Nominations open for Alberta Representative on Youth Council
Alberta Beef Producers (ABP) is looking for the next young farmer or rancher to join the Canadian Cattle Youth Council as a Provincial Representative. The Youth Council prepares beef cattle farmers and ranchers (ages 18-40) for future leadership roles, through professional development like governance and board training, and participation in events and meetings. Delegates have…
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April 12, 2024
News
Introducing NRCB’s Livestock Population Verification Program for feedlots
The Natural Resources Conservation Board (NRCB) has initiated a program to verify that the livestock population of feedlots permitted by the NRCB are within their allotted numbers. The Livestock Population Verification Program is a response to evidence provided by complainants indicating that some operators in Lethbridge County may be exceeding the livestock numbers in their…
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April 11, 2024
News
Canada’s Code of Practice for the Care and Handling of Beef Cattle to be updated
The National Farm Animal Care Council (NFACC) is pleased to announce that Canadian Cattle Association has initiated an update to the Code of Practice for the Care and Handling of Beef Cattle. The update will be guided by NFACC’s Code development process. The Code development process includes a survey, launched at the outset of each Code,…
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April 11, 2024
News
Alberta legislation aims to establish new mental health corporation
Alberta’s government is bringing forward legislation to establish the Canadian Centre of Recovery Excellence (CoRE). If passed, the Canadian Centre of Recovery Excellence Act, 2024, will establish CoRE as a crown corporation to inform best practices in mental health and addiction; conduct research and program evaluation; and support the development of evidence-based policies for mental…
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Cattle Report
Updated: 23/04/2024
Steers
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Heifers
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Choice Steers
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Choice Heifers
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Boner Cows
Over 500 lbs: 252.29
Canadian Dollar
$73.24 0.15
Livestock Price Insurance Index
| Expiry | Fed | Feeder | Calf |
|---|---|---|---|
| 8-Jul-24 | 226 | -- | -- |
| 5-Aug-24 | 222 | 318 | -- |
| 2-Sep-24 | 220 | 324 | -- |
| 30-Sep-24 | 220 | 324 | 366 |
| 28-Oct-24 | 218 | 324 | 366 |
| 25-Nov-24 | 216 | 320 | 364 |
| 23-Dec-24 | 222 | 312 | 360 |
Last Updated on April 11, 2024
