GFM Network News

Agriculture Financial Services Corporation has made several changes to its perennial crop insurance programs for the coming year.

AFSC makes changes to perennial crop insurance

Agriculture Financial Services Corporation is making several adjustments to its perennial crop insurance programs for 2020. These include: Recalculated historical pasture normal yields, resulting in an increase of coverage for pasture insurance. On average, pasture normal yields have increased approximately 55 per cent for this year, which means clients receive higher compensation in the event […] Read more

AFSC offers help for farmer clients

Agriculture Financial Services Corporation says there are “a number of options available to help clients with cash flow challenges” because of the poor growing season and dismal harvest. “This year, eligible clients can take advantage of a Post-Harvest Advance or a Preliminary Payment, and receive a portion of their estimated claim as an early payment, […] Read more

Don’t let the crop insurance deadline pass you by

The signup deadline is April 30

The deadline for crop insurance coverage and AgriStability enrolment is fast approaching. The deadline for signing up for the Spring Price Endorsement is April 30, which is also the last day for enrolling in AgriStability without penalty. The Spring Price Endorsement provides protection on a crop-specific basis from ‘within-year’ price declines for both production-based and […] Read more

Premiums for crop insurance, including hail coverage, will be significantly lower for most growers this year, 
says the Agriculture Financial Services Corporation.

Crop and calf insurance premiums are down this year

The cost of crop insurance is nine per cent lower, although where you live and what you grow makes a difference

Most crop producers will see lower crop insurance premium rates this year, says the Agriculture Financial Services Corporation. And cow-calf producers will see reduced premiums for the Western Livestock Price Insurance Program, too. On average, 2019 crop insurance premium rates are nine per cent lower than last year, AFSC said in a news release. It […] Read more

This plant was found in 2017 in a trial plot of a resistant variety that Scott Keller was growing. It turns out that bags of resistant varieties aren’t pure — and so a percentage could be a non-resistant variety, said Keller. “So even resistant canola seed can help spread clubroot!” he said in an email. Still, experts and agronomists urge producers to seed resistant varieties — something Keller and Alberta Canola chair John Guelly say isn’t happening often enough.

In denial? Farmers ‘failing’ in battle against clubroot

Scott Keller has crunched acreage numbers and found tight rotations and susceptible varieties are commonplace

For the last three years, Scott Keller has been crunching acreage numbers from the provincial crop insurer — and he’s not liking what he sees. “To me, everything the researchers and the Canola Council (of Canada) is saying that farmers should do; they’re not even doing anything outside of just adopting the resistant varieties,” said […] Read more

Plebiscite on provincial beef checkoff being held

Vote is being held until Nov. 13

Producers are being urged “to get out and vote” in a plebiscite on whether to make the $2 provincial beef checkoff non-refundable. “This is your opportunity to have your voice heard,” said Norine Moore, chair of the Alberta Agricultural Products Marketing Council. Currently, producers can request a full or partial refund of the checkoff. The […] Read more

AFSC lowering crop insurance premiums this year

The provincial crop insurer says it is reducing premiums 
by an average of 
eight per cent

Agriculture Financial Services Corporation is lowering crop insurance premiums. “On average, 2018 premium rates for crops are eight per cent lower than they were in 2017,” AFSC said in a news release. “The decrease in premium rates is a reflection of the generally good growing conditions over the past few years, which resulted in positive […] Read more

Unseeded acres create ripple effect in the number of insured acres this summer

Insured barley and pea acres are down, but canola, lentil, and hemp acres went up

Two years of rough weather conditions haven’t been enough to drive producers to increase their crop insurance coverage. “I don’t think there’s a huge change in the overall level of insurance participation. The reasons people participate aren’t always dependent on the weather,” said Jesse Cole, research analyst at Agriculture Financial Services Corporation (AFSC). “There could […] Read more

UNHARVESTED ACRES: Farmers scrambling to avert a second wreck

If your crop is a writeoff you need an insurance assessment — but you need to get out on the land to get a sample first

Time is running out for producers trying to deal with unharvested — and unsalvageable — acres. And the situation could become a train wreck for many of them if the province’s crop insurer can’t speed up its assessments, say farm groups. “Within certain regions, I would say that dire is an apt description because there […] Read more