Cattle producers urged to consider insurance

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Agriculture Financial Services Corporation has extended the purchase deadline for Western Livestock Price Insurance Program (WLPIP) calf insurance until June 18.

With the recent market volatility, Alberta Beef Producers is strongly encouraging its members to consider purchasing insurance to protect prices in the fall. Producers should be monitoring premiums and coverage levels for both calf and feeder insurance, it said.

However, Agriculture Financial Services Corp. notes the extension gives producers just nine extra purchasing days, as available coverage options are published only on Tuesdays, Wednesdays and Thursdays.

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