News From SCIC

Today, Federal Agriculture and Agri-Food Minister Marie-Claude Bibeau and Saskatchewan Agriculture Minister David Marit announced enhancements to the 2020 Crop Insurance Program.

Saskatchewan producers are entering fall with uncertainty about their livestock operations. Due to the impacts of a dry summer, high feed costs and potential for a lengthy fall/winter feeding season, their breakeven point and risk levels are unclear. The Saskatchewan Crop Insurance Corporation (SCIC) would like to remind producers they can reduce the risk of market uncertainty and protect the value of their cattle with The Livestock Price Insurance Program (LPI). In the past five years, over $12.7 million has been paid in claims through LPI.

Today Federal Agriculture Minister, Marie Claude Bibeau and Saskatchewan Agriculture Minister David Marit announced additional program measures and flexibility to help address the dry conditions across the province.

With the 2019 spring calving underway, there is continued uncertainty among Saskatchewan cattle producers due to the impacts of the extreme cold winter, high feed costs and potential of another dry growing season. The Saskatchewan Crop Insurance Corporation (SCIC) would like to remind producers they can reduce the risk of market uncertainty and protect the value of their cattle with The Livestock Price Insurance Program (LPI).