The cattle market has seen its share of ups and downs.
A number of producers who enrolled in the Western Livestock Price Insurance Program have been in a claim position and received a program payout.
Jodie Griffin, the Saskatchewan Coordinator for WLPIP, says the biggest uptake has been from cow-calf producers with about 12% of the herd in the program.
She notes that’s just one of the programs offered under WLPIP.
"One is the fed and that speaks to our producers that are out there finishing the cattle.
We also have our feeders, which is all those calves you're seeing at the auction mart today getting ready to be placed into a feedlot to be fed - that's out feeder program.
Then we have our calf program for our cow-calf producers and that's available for purchase in the spring when they're calving out the cows to help protect them against the market when they come to the market here in the fall," she said.
Source : Discoverestevan