GFM Network News


(SCIC.ca)

Saskatchewan extends WLPIP premium rebate if needed

Rebate to offset premium prices, if above pre-COVID levels

Saskatchewan’s temporary subsidy against price jumps in premiums for the Western Livestock Price Insurance Program (WLPIP) will continue when needed to the end of 2020. Saskatchewan Crop Insurance Corp. (SCIC), which administers the program in that province, announced Tuesday the WLPIP premium rebate is extended to Dec. 31, from its previous end date of Sept. […] Read more

Canadian Mushrooms Growers’ Association CEO Ryan Koeslag speaks online with members of the Commons standing ag committee. (Video screengrab from Parl.gc.ca)

Federal ag supports ‘too little, too late’ for mushroom growers

Timing of programs for TFWs, surplus food purchases leaves aid out of reach: CMGA

Ottawa — Members of Parliament sitting on the committee dealing with agricultural issues continue to hear concerns over the federal government’s response to COVID-19. During the Commons standing committee on agriculture and agri-food’s online meeting Wednesday, representatives of the Canadian Mushrooms Growers’ Association raised “grave concerns” over the support CMGA members have received. CEO Ryan […] Read more


(File photo courtesy Canada Beef Inc.)

Saskatchewan to adjust WLPIP premiums for producers

Province also opts in to fund AgriRecovery set-aside plan

The Saskatchewan government plans to temporarily subsidize livestock producers entering the Western Livestock Price Insurance Program (WLPIP) against its recent jump in program premium costs. The province on Thursday announced it will provide $5 million to “partially offset” WLPIP premiums, which it noted have risen “significantly” since the end of February this year on COVID-19-induced […] Read more

(Photo courtesy Canada Beef Inc.)

Cattle producers press for lower price insurance premiums

WLPIP is needed, but unused because premiums too expensive, CCA says

The Western Livestock Price Insurance Program is not functioning properly due to very high premiums and needs to be quickly revamped, says the Canadian Cattlemen’s Association. “We’re having unprecedented volatility for markets. Having tools in place for farmers and ranchers has never been more important,” executive vice-president Dennis Laycraft said during a telephone town hall […] Read more


Feeder cattle outlook

Feeder cattle outlook

Market Talk with Jerry Klassen

It’s that time of year when I receive many inquiries from cow-calf producers and feedlot operators regarding the price outlook for feeder cattle. Throughout March, yearling prices were under pressure while calves and cattle fit for grass were rather firm. The feeder cattle market appears to be sending mixed signals. Feedlot margins have been rather […] Read more

Understanding the forward curve in the futures market

Understanding the forward curve in the futures market

Market Talk with Jerry Klassen

I’ve received many calls from backgrounding operators and feedlot managers in regard to the feeder cattle market. Prices have strengthened throughout the fall period and it now appears that potential margins will be quite snug for all weight categories. The futures market for live and feeder cattle is reflecting two distinct price structures. Discerning the […] Read more


Cattle price insurance premiums reflect risk

News Roundup from the March 2016 issue of Canadian Cattlemen

If you haven’t bought price insurance on your calves through the Western Livestock Price Insurance Program (WLPIP) yet you’ll find the premiums a little higher than last year. That’s to be expected given the volatility in today’s market, says Bruce Viney, a risk management specialist with Alberta Agriculture and Forestry. “Volatility is simply a statistical […] Read more

One of many hot topics at the CCA meeting was the lack of progress on the national traceability program – a deadline that's now less than a year away.

Prepping for the politicians

A few notes from the CCA’s semi-annual meeting

Late last month the Canadian Cattlemen’s Association published a political wish list on behalf of the beef industry for candidates running in the federal election. You can find it on the CCA website. The week before that document came out I had a chance to hear some of the background discussions that went into setting […] Read more


Ryan and Carolyn Copithorne of Jumping Pound, Alta.

Ready to hire a marketing specialist for your calves?

Ryan Copithorne is betting you are.

A typical marketing plan for many cow-calf producers revolves around hoping to hit a run of good prices when they sell calves, yearlings and cull cows after preg-checking. If the stars don’t align to bring all of the variables together in their favour on sale day — weather conditions for roundup, trucking arrangements, market forces […] Read more

Seizing the opportunity

Positive change and things to review in your cattle operation

In March I offered three suggestions for benefiting from the better times, invest in your people, manage to improve your land and don’t spend your money before you actually have it. I think these three still stand. This month’s article is about how to adjust to the better times so that we will have more […] Read more