Every growing season is unpredictable. Risks that may affect your operation include market volatility, yield loss, income loss or even wildlife damage.
As a producer, you make important, on-farm decisions – mitigating risks or addressing any impacts to secure your operation’s future. The Saskatchewan Crop Insurance Corporation (SCIC) is here to help with risk management, offering programs to help protect your operation year-round.
Know Your Options
When you seed your crops, you hope for favourable growing conditions. Farming comes with its share of uncertainties, including dry spells, hailstorms, excess rain, grasshopper infestations or frost. All of these can impact your yield. With options to insure your production, Crop Insurance gives you the security you need to keep farming. Features of the program, such as Yield Cushioning, help keep your coverage relevant for your operation.
Protecting your operation further beyond the growing season with AgriStability. This program protects your income in the event of a difficult year. When your margin decreases, AgriStability provides the support you need. Having AgriStability in your back pocket allows you to minimize risk to your operation.
Starting in the 2026 Program Year, AgriStability further supports livestock producers. Feed grown and fed on the farm is valued differently to better capture changes in production. This permanent change ensures program calculations reflect farm realities.
In addition, feed costs from renting pasture are now an allowable expense. This means if a producer rents pasture, AgriStability will include the value of the feed consumed by livestock in the program margin calculation.
Market volatility is a reality livestock producers experience, but having a Livestock Price Insurance (LPI) policy protects from unexpected market price drops over the insured period. Saskatchewan cow-calf producers looking to lock in price certainty for their calves have a valuable tool at their fingertips each spring: the LPI - Calf program. Available for purchase up to June 11, 2026, LPI - Calf policies provide a market‑driven price floor for calves marketed from September through February, all while allowing you to benefit from rising cash markets.
LPI - Calf coverage is grounded in real market data. Forward prices are calculated three days per week using a combination of Chicago Mercantile Exchange (CME) cattle futures, exchange rates and basis levels, ensuring protection reflects actual market conditions. Policies range from 16 to 36 weeks and offer top coverage of 95 per cent of the projected price, with lower coverage options available, letting you tailor premium levels and protection to your own marketing timelines and risk tolerance.
Producers can insure calves of any weight, but settlements rely on a standardized regional index representing the average price of a 600-pound steer. The Calf SaskMan index is built from weekly data on 550- to 650-pound steers gathered from auction markets across Saskatchewan and Manitoba being published every Monday. You can also select the Alberta index. During the final four weeks of a policy, if the settlement index falls below the insured price, LPI pays the difference regardless of when the calves are sold.
For producers seeking predictable revenue without sacrificing opportunity, LPI - Calf coverage offers a practical, customizable risk-management strategy. By establishing a reliable price floor while keeping full upside potential, the program helps you navigate volatility with confidence. Learn about current coverage options or about LPI - Fed or LPI - Feeder policies at LPI website.
SCIC also supports producers facing wildlife damage and predation losses. SCIC’s Wildlife Damage Compensation and Prevention Programs are here to help all Saskatchewan producers yearround who face crop or livestock damage due to wildlife. The program includes compensation for predation losses to livestock. SCIC offers up to 100 per cent compensation for eligible wildlife damage to crops or livestock. Wildlife can be unpredictable. Proactively preventing wildlife damage is encouraged, with funding available for measures such as feedyard fencing, lure crops, predation management and other strategies. It is important to notify SCIC as soon as you detect any wildlife damage. To report wildlife damage, contact your local SCIC office or call 1‑888‑935‑0000.
SCIC is here to help protect your farm and ranch operations. You know your farm. We understand risk protection. Together, our programs can set you up for a steady season. For more information or to enrol, contact your local SCIC office.