News From SCIC

Stop by and chat with the SCIC Executive Management Team at the 2022 Crop Production Show in Saskatoon, Saskatchewan! Your feedback is important to us as we work to ensure our business risk management programs remain relevant and meet the needs of today’s producers.

On Monday, November 1, 2021, the 2021 Canada-Saskatchewan Drought Response Initiative launched the application for its second payment. Producers can now complete an application form, detailing eligible livestock inventory as of December 31, 2021, and the Extraordinary Costs Self-Assessment. Payment Two requires a Premises Identification Number.

Producers who purchased a Livestock Price Insurance (LPI) policy are reminded they enter their claim window in the final four weeks of their policy. Settlement values reflect weekly market conditions and are determined using data collected from various auction markets across western Canada.

Today, Agriculture Minister David Marit announced details of the AgriRecovery program, now referred to as the 2021 Canada-Saskatchewan Drought Response Initiative. Producers can submit applications toward the Initiative on September 1, 2021.