• Login
  • Calendar
  • News
  • FAQs
  • Contact Us
Livestock Price Insurance
  • About
    • About
  • Cattle
    • Cattle
    • About LPI – Cattle
    • LPI – CALF
    • LPI – FEEDER
    • LPI – FED
    • Fed Cattle Price Reporting
  • Hog
    • Hog
    • LPI – HOG
  • Apply Now
    • Apply Now
    • LPI Forms
      • Alberta Forms
      • British Columbia Forms
      • Manitoba Forms
      • Saskatchewan Forms
    • Need Help?
  • Premiums & Settlements
    • Premium/Settlement Information
    • Understanding Premiums and Settlements
    • Sign up for Premium/Settlement Emails
  • Resources
    • Resources
    • LPI Program Guide
    • LPI Market Information
    • LPI Policy Work Pad
    • Glossary

Home / FAQs / How did Livestock Price Insurance Begin?

Frequently Asked Questions

How did Livestock Price Insurance Begin?

July 12, 2022

LPI began as a producer-driven initiative initially developed under the guidance of Alberta Beef Producers, with the aim of enhancing Alberta cattle producers’ ability to manage their price and basis risk.

The program was introduced in 2009 as the first of its kind in Canada, providing producers with a range of coverage and policy options to help manage price risk by providing an insurable ‘floor’ price on cattle. This caught the attention of producers in the western provinces. Realizing the support a westernized program would have, governments began discussions to expand Alberta’s program to more provinces in 2012.

  • British Columbia
  • Alberta Government
  • Manitoba
  • Canada

© 2025 Livestock Price Insurance | Privacy Statement | Disclaimer | Electronic Access Agreement | Sitemap