Price Insurance

WLPIP (Western Livestock Price Insurance Program) is a relatively new program in B C, Sask. & Manitoba. It is important to understand the program so you may determine how to use the program to benefit your business.

The deadline for enrolling in the cow calf program has passed. The program will be available again next year.

The feeder program is available year round. The support price has risen quite a bit since Feb. Depending on when you purchased your insurance the support price may have risen as much as $15 to $20. It is important to know that you can cancel your original insurance & forfeit the premium. If you do this you are then eligible to buy another policy on your yearlings.

Is cancelling & re-insuring a wise decision? The answer will vary from farm to farm. You might want to consider this.

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