News From SCIC

On Monday, November 1, 2021, the 2021 Canada-Saskatchewan Drought Response Initiative launched the application for its second payment. Producers can now complete an application form, detailing eligible livestock inventory as of December 31, 2021, and the Extraordinary Costs Self-Assessment. Payment Two requires a Premises Identification Number.

Submitting your Detailed Production Declaration as soon as you complete harvest allows SCIC to process claims quicker and issue potential payment sooner.

Producers who purchased a Livestock Price Insurance (LPI) policy are reminded they enter their claim window in the final four weeks of their policy. Settlement values reflect weekly market conditions and are determined using data collected from various auction markets across western Canada.

Livestock producers can protect their operation against unexpected price declines with Livestock Price Insurance.