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News From SCIC

Livestock & Livestock Price Insurance
2021 AgriRecovery Funding to Help Saskatchewan Livestock Producers

Today, Agriculture Minister David Marit announced $119 million in direct support for drought-affected cattle producers under the AgriRecovery program. The program will provide a per head payment to help maintain breeding stock. This financial relief will help producers with extraordinary costs caused by drought, such as accessing feed and water.

AgriStability
2021 AgriStability Interim Benefit Increased For Saskatchewan Producers

The federal and provincial governments have agreed to increase the 2021 AgriStability interim benefit payment percentage from 50 per cent to 75 per cent for Saskatchewan producers.

News Release
Government Of Saskatchewan Enhances Support For Producers Dealing With Dry Conditions

Saskatchewan Agriculture Minister David Marit announced today that Saskatchewan Crop Insurance Corporation (SCIC) will implement measures to address dry conditions impacting producers. Effective immediately, changes will be made to allow low yielding crops to be put to alternate use to support the livestock sector. The Government of Saskatchewan is also making changes to temporarily increase the maximum funding a livestock producer can receive from the Farm and Ranch Water Infrastructure Program (FRWIP) for dugouts, wells and pipelines.

AgriStability
Canada’s Ministers of Agriculture agree to implement a key improvement to the AgriStability program to better support farmers

During today’s virtual meeting of Canada’s federal, provincial, and territorial (FPT) Ministers of Agriculture[1], Ministers agreed to remove the reference margin limit for AgriStability, one of the business risk management (BRM) programs under the Canadian Agricultural Partnership. The removal of the reference margin limit will be made retroactive to the 2020 program year. In addition, the deadline for producers to enrol in the 2021 program year will be extended to June 30, 2021.