Resolutions

Reducing Livestock Price Insurance (LPI) premiums

  • Date Published: March 16, 2025

Whereas

  • The Canadian beef industry could be under constant threat of tariffs for the next four years.
  • Livestock price insurance (LPI) is the only business risk management tool that allows producers to secure the Canadian dollar and basis risk along while providing price protection across calves, feeders and fats.

Be it Resolved

ABP work with Provincial and Federal Governments (through its Canadian Cattle Association membership) to develop methods to reduce Livestock Price Insurance (LPI) premiums so that producers can cost effectively participate in the LPI program allowing for cost effective downside price protection of their cattle.