Closed
Livestock Price Insurance Program
Protection against decreases in livestock prices in western Canada
Last Update: March 4, 2026
Funding available
Varies by project
Timeline
- Open Date : July 9, 2024
- Closing date : July 9, 2024
Location
Canada
Overview
Protection for farmers against decreases in cattle and hog prices in Manitoba, Saskatchewan, Alberta and British Columbia.
/100
Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- No objectives are currently available
Eligible Funding
- Varies by project
Timeline
- Open Date : July 9, 2024
- Closing date : July 9, 2024
Eligible candidates
Eligible Industries
- Agriculture, forestry, fishing and hunting
Location
- Canada
Legal structures
- For-profit business
- Sole proprietorship
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- Rural or Northern Residents
Next Steps
1
Determine your project
2
Validate your eligibility
Eligibility
Who is eligible?
The information provided does not give specific details about the evaluation and selection criteria for projects under this grant, nor does it specify who can apply.Who is not eligible
The grant context does not explicitly mention any types of companies that are not eligible for this grant.
- nothing
Additional information
The Livestock Price Insurance (LPI) Program is a business risk management initiative designed to provide livestock producers in Western Canada with protection against unexpected price drops in cattle and hogs. Participation is voluntary, and coverage details for calf, feeder, and fed cattle, as well as hogs, are provided with specific eligibility requirements and settlement indices influenced by market data.
- LPI policies can be purchased every Tuesday, Wednesday, and Thursday from 2:00 p.m. to 11:00 p.m. MT
- There are specific product offerings related to calfs, feeders, fed cattle, and hogs
- The LPI program includes weekly premium and settlement indices updates
- Additional protection includes advance payment programs, with options to borrow interest-free money on livestock already owned
- Fed Cattle Price Reporting allows producers to voluntarily report cash prices to benefit settlement indices
- Eligibility requires producers to file farm income taxes in the western provinces (BC, AB, SK, MB) and be the owner of the livestock
- Producers must manually manage claims within the first three weeks of the claim window
- Data sources include auction markets, electronic sales, and Canfax reported data to reflect market conditions
Contacts
Frequently Asked Questions about the Livestock Price Insurance Program Program
Here are answers to the most common questions about the Livestock Price Insurance Program. This section explains what the program is, how much funding is available, eligibility requirements, application deadlines, and other important details to help you determine if this grant is right for your business.
What is the Livestock Price Insurance Program?
Protection for farmers against decreases in cattle and hog prices in Manitoba, Saskatchewan, Alberta and British Columbia.
What is the deadline to apply?
The application deadline for this grant program was July 9, 2024.
Who is eligible for the Livestock Price Insurance Program program?
To be eligible for the Livestock Price Insurance Program program, you must:
The applicant must be a livestock producer.
The applicant must be located in a Canadian province that offers the Livestock Price Insurance Program.
The applicant must use a compatible browser for online transactions, such as Google Chrome, Microsoft Edge, or Mozilla Firefox.
Who can I contact for more information about the Livestock Price Insurance Program?
You can contact Livestock Price Insurance Program (LPI) or by phone at 1.844.782.5747.
Where is the Livestock Price Insurance Program available?
The Livestock Price Insurance Program program is available across Canada.
Is the Livestock Price Insurance Program a grant, loan, or tax credit?
Livestock Price Insurance Program is a Grant and Funding
Who are the financial supporters of the Livestock Price Insurance Program?
Livestock Price Insurance Program is funded by Livestock Price Insurance Program (LPI)