The Saskatchewan Cattlemen鈥檚 Association (SCA) contributed up to $1 million to partner with the Government of Saskatchewan in offsetting the COVID-19 impacts on the Western Livestock Price Insurance Program (WLPIP) premiums.
On May 14, Minister David Marit announced the Government of Saskatchewan would offset the increase in premiums with $5 million of provincial funds.
This statement from the government followed advocacy at the provincial and national levels and a commitment from the SCA board to fund an initiative to help deal with COVID-19 impacts on WLPIP premiums.
Work to bring the federal government to the table to cover the rest of the premium increase continued. Federal participation hasn鈥檛 happened yet, but SCA鈥檚 commitment remains. The details on the commitment from the SCA and the provinicial government are finalized.听
SCA鈥檚 contribution is up to $1 million to match the province鈥檚 $5 million 鈥� these figures will offset an additional eight per cent of the COVID-19 impact on premium.
鈥淧roducers are facing uncertainty like never before. That uncertainty is part of why WLPIP premiums skyrocketed. SCA is glad to partner with the government of Saskatchewan in reducing the COVID-19 impact on livestock price insurance premiums. Producers that need to manage their risk by putting a floor under their expected prices are well-served by WLPIP,鈥� said Arnold Balicki, SCA Chair.
鈥淲e value our close relationship with Saskatchewan livestock industry organizations and will continue to collaborate with producers to provide them with the supports they require,鈥澛爏aid Saskatchewan鈥檚 Minister of Agriculture, David Marit. 鈥淭his close collaboration helps to ensure that we are able to react to the needs and requests of the agriculture industry.鈥�
Cow-calf producers are entering the final week to purchase calf price insurance through WLPIP, following the deadline extension from May 28 to June 18.
Premium tables are published on Tuesday, Wednesday, and Thursday. Additional information on the Saskatchewan WLPIP Premium rebate can be found on the Saskatchewan Crop Insurance Corporation (SCIC) website at:聽.听
Feeder and fed price insurance are available year-round.
Producers can contact their local SCIC office for more information.听Staff are also available to assist producers over the phone at 1-888-935-0000, or through email at聽[email protected], Monday to Friday, 8-5 p.m.
The SCA is the provincial check-off agency for Saskatchewan beef producers. It聽exists to promote the success of all production sectors of the Saskatchewan beef cattle industry through effective representation from all regions of the province.
