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Holiday closure

The western LPI Client Contact Centre will be closed from December 24 at 2 p.m. through January 1, 2025. We will reopen January 2, 2025. Last day for Claim Request – December 16, 2024 Last day of expiring policies – December 23, 2024 (statements and any indemnity processing on January 8, 2025) First day for Claim Request – January 13, 2025 (Fed, Feeder-AB), January 20, 2025 (Feeder-SaskMan, Calf-AB, Calf-SaskMan) Last day for Purchase – December 19, 2024 First day for Purchase – January 14, 2025 (Fed, Feeder-AB, Hog), January 21, 2025 (Feeder-SaskMan)

Home / News / Calf season opens February 2

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Calf season opens February 2

January 20, 2021

Livestock Price Insurance (LPI) for Calf sales opened February 2. This easy-to-use risk management tool is offered in the spring and covers the price risk cow-calf producers face when selling calves in the market. Producers can tailor coverage to their operation by purchasing price insurance for anticipated calf sales.

Following last spring’s pandemic-related uncertainty, market volatility has stabilized and premiums have returned to more normal levels. Last year, market uncertainty, compounded by delays in the slaughter industry driven by COVID-19 related slowdowns, closures and changes in consumer and food service demand, drove premium rates to unprecedented highs in early spring before they stabilized in May and June.

LPI – Calf participants received $6.039 million in indemnities in 2020, demonstrating how price insurance helps protect producers their investment.