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SCA Invests In WLPIP Premium Increase Compensation

The Saskatchewan Cattlemen’s Association is contributing up to $1 million to partner with the Province to offset the increase in producer premiums associated with COVID-19 for the Western Livestock Price Insurance Program.
 
Last month, Minister Marit announced that the Province would help offset the increase in premiums with $5 million of provincial funds. 
 
Work continued to try to bring the federal government onside to cover the rest of the premium increase, but that has not happened.
 
SCA's contribution of up to $1 million along with the provinces $5 million will help offset an additional eight per cent of the COVID-19 impact on WLPIP premiums.
 
Cow-calf producers are entering the final week to purchase calf price insurance through WLPIP with the final deadline of June 18th.
 
Premium tables are published on Tuesday, Wednesday, and Thursday. 
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This material is based upon work that is supported by the National Institute of Food and Agriculture, U.S. Department of Agriculture, under agreement number 2023-38640-39573 through the North Central Region SARE program under project number ENC23-226. USDA is an equal opportunity employer and service provider. Any opinions, findings, conclusions, or recommendations expressed in this publication are those of the author(s) and should not be construed to represent any official USDA or U.S. Government determination or policy.