Resolution

WHEREAS due to low enrolment of cattle producers in AgriStability, the Advance Payment Program security requirements were expanded to include enrolment in Western Livestock Price Insurance 

WHEREAS the Western Livestock Price Insurance provides non-cost shared coverage for price risk and was not designed to protect against production losses;

WHEREAS this lack of adequate business risk management protection for cattle continues to restrict access to cash advances for livestock production;   

BE IT RESOLVED that APAS work with the provincial and federal governments to design a program that provides a similar type of insurance coverage as grain that can be used to secure cash advance for livestock.