Saskatchewan livestock producers take full advantage of forage program
Payments under the Forage Rainfall Insurance Program have hit record breaking levels.
Over 90 per cent of Saskatchewan Crop Insurance Corporation (SCIC) insured acres enrolled in the program received a payment. Total compensation hit $60.4 million across the 17 forage risk zones.
Saskatchewan Agriculture Minister David Marit said the additional cash flow to participating customers is in reaction to the dry conditions.
“We are seeing this program respond to producers’ needs where precipitation shortages result in feed and pasture shortfalls,” Marit said. “I encourage producers to continually reassess options available through the full suite of business risk management programs.”