Livestock Price Insurance with Jeff Legaarden (MASC)

Beef and Forage Roundup

Jeff Legaarden is a Business Development Specialist with MASC and a livestock coordinator. Jeff has been working for MASC for over 15 years and has worked with the Livestock Price Insurance program since its beginning 10 years ago. As well as working for MASC, Jeff has his own cattle operation, which he manages along with his wife and 3 sons.

Today’s episode is jam packed with information about the Livestock Price Insurance Program. If you have questions on the following topics, this episode is for you.

• What is Livestock Price Insurance and how does it work?
• How are animals insured?
• What is the length of the policies?
• How are settlement indexes generated?
• How do policies differ between calves, feeder cattle and fed cattle?
• Can producers insure calves regardless of when they are born?
• What happens if animals die or are below the anticipated weight?
• What are the steps to purchasing Livestock Price Insurance and what is the price for policies?
• Who is eligible?
• How are claims made?
• What resources are available online to assist producers with making decisions in regards to their policy?

Links & Resources:

MB Ag Stock Talk Webinar Series YouTube: StockTalk Feb 15 (youtube.com)

Province of Manitoba | agriculture - StockTalk (gov.mb.ca)

Article: “Looking Good for Livestock Insurance” Don Norman, March 4, 2024, Manitoba Cooperator

https://www.manitobacooperator.ca/news-opinion/news/looking-good-for-livestock-insurance/?utm_source=GFM+Publications&utm_campaign=0cbbfff932-Manitoba+Co-operator+daily+enews+Mar+05%2C+2024&utm_medium=email&utm_term=0_2da8244677-0cbbfff932-%5BLIST_EMAIL_ID%5D&mc_cid=0cbbfff932&mc_eid=804353aa5e

Contact Information:

Livestock Price Insurance Website: https://lpi.ca/

MB Office Toll Free Phone Number: 1.844.782.5747

Facebook: @Manitoba Agricultural Services Corporation

X: @MASC_MB

Jeff’s email: [e-mail]

Jeff’s phone number: 1-204-648-5254

The research programs and daily operations at MBFI would not be possible without the funding from the Province of Manitoba, Government of Canada, and Sustainable Canadian Agricultural Partnership, as well as the partnership with Manitoba Agriculture, Manitoba Beef Producers (MBP) and Ducks Unlimited Canada (DUC).

We encourage you to follow MBFI on social media, or check out the website for more information on project findings and results, upcoming events and more!

Instagram: @MBBeefandForage

Facebook: @MBBeefandForage

X (Twitter): @MBBeefandForage

Website: www.mbfi.ca

Email address: [e-mail]

Mary-Jane’s Phone Number: 431-255-0011