Alberta is boosting support for livestock producers by raising the limit on the Feeders Associations Loan Guarantee Program (FALGP) to $225 million.

In an Aug. 27 release, Minister of Agriculture and Irrigation RJ Sigurdson announced the limit is being raised from $150 million, continuing the program’s role in providing low-interest financing.

The release notes that FALGP finances anywhere between 17 and 24 per cent of each year's calf crop.

"Alberta is a beef province, and livestock is a huge part of our agricultural industry," said Sigurdson. "Our cattle and sheep producers put food on tables in our province and around the world. Increasing the limit on Alberta’s loan guarantee program will ensure thousands of producers across the province have access to the capital they need to keep

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