GFM Network News

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