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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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Iran War = “Trend is Your Friend” Short-Term BUT……

Video: Iran War = “Trend is Your Friend” Short-Term BUT……


Historically wars like the 2026 Iran war are bullish hard assets like grains, metals and energy! The funds are spooked and do not want to be short, but do they price in the news over time, similar to the Ukraine/Russian war that started on Feb. 24, 2022? A closure of the Strait of Hormuz is the key to the surge in crude oil, natural gas prices and fertilizer prices.  Grains are breaking out to new contract highs as a hedge against inflation.