Price protection insurance to support beef producers

Feb 20, 2025

Nova Scotia’s beef producers can now get financial protection through the Maritime Livestock Price Insurance Pilot Program. The new business risk management tool will allow producers to purchase price protection on beef cattle in the form of an insurance policy to protect against unexpected market declines.

The Maritime Livestock Price Insurance Pilot Program is a regional initiative scheduled to run until March 2026. It will complement existing business risk management programs available to the agriculture industry through the partnership between the Department of Agriculture and Agriculture and Agri-Food Canada.

The administration of the program is cost-shared by the participating provinces and the Government of Canada. Producers purchasing insurance coverage pay the insurance premiums.

Nova Scotia’s beef farmers brought in more than $42 million in farm cash receipts in 2023. Nova Scotia has over 630 registered farmers who report income from beef.

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Video: Sorting Ewes & Rams | Breeding Time On The Farm!

In this episode, we’re sorting ewes into their breeding groups and introducing them to unrelated rams. Moving rams between barns always comes with challenges, but once the boys meet their ewes, everyone was eager to settle in!

We also welcome back a returning customer who purchased a Suffolk ram from us last year. This season, she chose a Dorset cross ram, now named Benny, to strengthen her flock’s genetics. It’s always rewarding to see repeat customers who value the quality of our breeding stock.

Arnie then tours the crop fields as harvest season approaches. Despite drought conditions this summer, the crops are looking surprisingly good. We close the day with evening feedings and one last look at the rams with their new breeding groups.

?? Join us daily for life on a working sheep farm, from flock management and breeding strategies to crops, chores, and the everyday rhythm of farm life.