The Livestock Price Insurance (LPI) is a risk management tool, allowing producers to purchase price protection on cattle and hogs, in the form of an insurance policy. Available in British Columbia, Alberta, Saskatchewan and Manitoba, the program provides producers with protection against an unexpected drop in prices over a defined period of time.

Program Background

LPI is built on the experience and expertise Alberta has gained since initiating livestock price insurance in 2009.  In 2012, all four western provinces with the federal government analyzed the potential for expanding the program to all Western producers.  It was determined all Western producers would benefit from access to this risk management program and there were considerable cost savings and efficiencies to be gained by expanding Alberta’s existing program to the other provinces.

Agriculture Financial Services Corporation (AFSC) administers the Livestock Price Insurance for the province of Alberta. AFSC staff can guide you through the program’s benefits and help you pick the coverage that is best for your risk tolerance and financial goals.