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Adjustments to formulas

Grazing lease rate formula amended for Saskatchewan livestock producers

Mar 7, 2025 | 9:39 AM

Saskatchewan amended the Crown land grazing lease rate formula, effective for 2025.

Agriculture Minister Daryl Harrison said the government listened to feedback from producers.

“Additionally, this new formula provides a fair and transparent pricing structure for producers and a fair return for a public asset back to Saskatchewan taxpayers,” he said.

In 2024, the ministry conducted consultations with livestock producers and industry associations to determine what changes to the grazing formula would provide more predictability for producers.

As a result, the ministry introduced an amended formula that uses price averaging of cattle marketed between Oct. 1 to Nov. 30 of the five preceding years, as opposed to the previous formula based on fall cattle prices from the previous year.

The ministry also introduced a 20 per cent cap on annual rental rate increases. These changes ensure rates are less vulnerable to sharp fluctuations and provide more stability to help producers budget for the coming year.

Saskatchewan Cattle Association Past Chair Keith Day said they have been requesting changes to the formula for a while and are pleased where the province has landed.

“The 20 per cent ceiling on fee increase will help producers and community pastures better plan for any possible changes to the rates,” Day said.

alice.mcfarlane@pattisonmedia.com

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