GFM Network News


This year’s higher calf price insurance premiums “are simply a reflection of the increased price risk,” says risk management specialist.

Don’t be alarmed by hike in Calf Price Insurance premiums

While the cost is up, so is risk and coverage levels actually offer 
better value this year, says risk management specialist

Calf Price Insurance is now being offered for 2015 and producers shouldn’t be alarmed by the premium cost. “Cattle Price Insurance for the 2015 calf crop may initially appear to be more expensive than last year, but it is actually a better value,” said Bruce Viney, risk management specialist with Alberta Agriculture and Rural Development. […] Read more

An example of calf insurance

The Western Livestock Price Insurance Program is basically the same as buying put options on the Chicago Mercantile Exchange feeder cattle futures. However, this program offers a price in Canadian dollars and also provides a basis for the local region. Producers should know their costs to determine how much coverage they need. Here’s a basic […] Read more