GFM Network News


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

(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

Federal Agriculture Minister Lawrence MacAulay and his Saskatchewan counterpart Lyle Stewart signed onto a general agreement for a five-year federal/provincial funding framework on July 21. (

Ministers agree on new ag funding framework

Canada’s federal, provincial and territorial ministers for agriculture have agreed on the bones of a new five-year policy funding framework, committing them to a review of its business risk management (BRM) programming. The ministers came out of three days of meetings Friday in St. John’s with the “key elements” of a five-year, $3 billion framework, […] Read more

Calf contract numbers were down in Alberta and Saskatchewan and up in British Columbia and Manitoba in 2016.

Calf price insurance: The tale of two years

Premiums were low relative to rising cattle prices last year during the February-to-May window to buy Western Livestock Price Insurance Program (WLPIP) calf contracts. When market prices fell last fall, WLPIP paid out significant amounts. It did exactly what it was designed to do — protect producers against an unexpected drop in cattle prices, says […] Read more

You insure a price that you choose, explains Saskatchewan’s Jodie Griffin.

Producers give a thumbs-up to price insurance

The Western Livestock Price Insurance Program (WLPIP) jumped off to an excellent start in the first year of the new program. The uptake exceeded expectations in Saskatchewan, since the program didn’t get off the ground until April 8. Starting next year, the window for purchasing calf policies will be February 1 to May 29 in […] Read more