Cattlemen have been seeing the benefits of reducing some of the price risk of raising cattle.

Jodie Griffin is a coordinator with the Western Livestock Price Insurance Program (WLPIP).

She says ranchers have had some trying times with a long, cold winter followed by a tough spring during the calving season.

"The price insurance program is here to help you with one more part of risk that it takes to operate in your business. We can't manage the weather and we can't manage the markets. Here's something that you can do to mitigate yourself against potential, unforeseen circumstances that could lay ahead as we go into the fall of 2018."

The calf program is designed to protect producers from three areas of risk, including price, currency and basis risk.

Calf price insurance is available until the end of May and can be purchased every Tuesday, Wednesday and Thursday.

More Ag News

Pea Leaf Weevil Heading Our Way

Manitoba Pulse and Soybean Growers is warning growers to be on the lookout for pea leaf weevil, which affects both peas and faba beans. Production Specialist Laryssa Stevenson says the pest has been…

Central North American Trade Corridor Association Marks One-Year Anniversary Of NAFTA Re-Opening

Last week marked the one-year anniversary of U.S. President Donald Trump announcing that he was looking to modernize the North American Free Trade Agreement (NAFTA). Dr. Paul Gunderson, based in…

Latest Crop Report Pegs Seeding Progress At 80 Per Cent

Manitoba Agriculture's weekly crop report is pegging seeding progress at about 80 per cent complete across the province. Winter injury resulted in some reseeding of winter wheat in the central,…

Bill C-49 Bounced Back To Senate

Bill C-49 will be heading back to the senate, yet again. On Tuesday, the House of Commons voted to reject the two Senate amendments made to the bill, with 163 in favour and 123 opposed. The senate…

Senate Passes Bill C-49 (UPDATED)

The Senate voted to pass Bill C-49 late Tuesday by a vote of 41 for, 31 against and 2 abstentions. ********************************************************** Bill C-49 will be heading back to the…

Provincial Spring Road Restrictions Lifted

Spring road restrictions for provincial roads in southern Manitoba have been lifted starting Tuesday, May 22, 2018. The restrictions had been in place since March 20th. The purpose of the…

Viterra Donates Land to Help End World Hunger

Viterra is donating the use of land around six of its grain terminals in Alberta and Saskatchewan to the Canadian Foodgrains Bank. The nearly 400 acres will be farmed by volunteers in the different…

It's Important To Keep Livestock Cool This Summer

While we're often being reminded about the dangers of heat stress during the summer months, it's also important to keep animals cool as the temperatures start to warm up. Dr. Glen Duizer is the…

Turning Your Farm Into A Dynasty

An American business advisor recently traveled through western Canada speaking about turning your farm into a dynasty. Carl Gould from New Jersey is with Seven Stage Advisors, and says diversifying…

Dry Conditions Expected To Return

While many parts of the Prairies received some much needed rain over the past few days, the warm, dry conditions are expected to return. Alberta and Saskatchewan saw some showers this past week, with…

MacAulay Concludes Successful Mission To China

Agriculture and Agri-Food Minister Lawrence MacAulay has wrapped up a week-long mission to China, where he promoted Canadian agricultural products and discussed ways of strengthening agricultural…

New Case Of PEDv Confirmed In Southeast Manitoba

Manitoba Pork says a new case of the PED virus was confirmed May 15th in a finisher barn in southeastern Manitoba. Biocontainment on the site is in place. Manitoba Pork and the Chief Veterinary…

Steinbachonline.com is Steinbach's only source for community news and information such as weather and classifieds.

Search the Biz Guide

Login