Western Livestock Price Insurance Program
The Western Livestock Price Insurance Program (WLPIP) is a risk management tool available in British Columbia, Alberta, Saskatchewan and Manitoba. The program provides producers with protection against an unexpected drop in prices on cattle and hogs over a defined period of time.
Benefits / WHY WLPIP?
- Protect against volatility in the marketplace.
- Manage risk of falling prices.
- A simple and easy to use risk management tool.
- A market driven product.
- Coverage based on current market conditions.
- Provides a “floor” price on livestock.
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