GFM Network News


Manitoba Beef Producers president Tyler Fulton speaks in Winnipeg on July 22, 2021 at a federal/provincial announcement including planned changes to crop insurance against this summer’s drought, alongside federal Agriculture Minister Marie-Claude Bibeau and Winnipeg MP Kevin Lamoureux (r). (Dave Bedard photo)

Manitoba triggers hay disaster benefit

Per-tonne rate lifted to cover feed, transport costs

Manitoba’s crop insurance agency is set to lift the per-tonne rate paid out on insured forage crops to help cover livestock producers’ bills to buy and truck in replacement feed. Manitoba Agricultural Services Corp. (MASC) on Thursday announced a 2021 hay disaster benefit to provide another $44 per tonne, for every tonne below coverage, to […] Read more

Federal Agriculture Minister Marie-Claude Bibeau, shown here with Craig Riese (l) of Keystone Agricultural Producers and Manitoba Beef Producers president Tyler Fulton, speaks on July 22, 2021 at The Forks in Winnipeg. (Dave Bedard photo)

Tax deferrals, crop insurance changes en route against drought

Assessments underway for AgriRecovery, minister says

Updated — As the federal government looks to manage impacts of ongoing drought conditions in Canada’s West, producers in parts of five provinces can already expect to be eligible for the livestock tax deferral program. Agriculture Minister Marie-Claude Bibeau announced Thursday in Winnipeg that producers in drought-designated areas of southern Alberta, southeastern British Columbia, northwestern […] Read more


Beyond crop insurance, AFSC is looking at options such as increasing interim payments for AgriStability.

Alberta crop insurance payout could exceed $1 billion

It’s too early for accurate estimates but the scale of the disaster is massive, says provincial crop insurer

Reading Time: 3 minutes Crop insurance payouts could top a billion dollars for the devastating drought that has hit much of Alberta. “We collected about $600 million in premiums this year, so we’re looking potentially at payments twice that amount,” said Darryl Kay, CEO of Agriculture Financial Services Corporation (AFSC.) “It’s really early yet, so it’s hard to speculate […] Read more

(Valerie Loiseleux/iStock/Getty Images)

‘Time is ticking’ on drought response for beef cattle sector

'We need answers like yesterday'

As Canada’s beef farmers and ranchers face drought, industry leaders are trying to find ways to secure feed and help those forced to sell rebuild their herds. B.C. ranchers are dealing with high temperatures that have “parched the grass that was there,” Kevin Boone, general manager of B.C. Cattlemen’s Association, said during a Canadian Cattlemen’s […] Read more


Farmer and Grainews columnist Toban Dyck inspects wheat on July 6, 2021 near Winkler, Man., where hot and dry weather has led to thin, uneven stands. (Photo: Reuters/Rod Nickel)

Saskatchewan raises salvage threshold for parched crops

Stock watering program also boosted; APAS, Tories' ag critic had called for more drought aid

Saskatchewan’s provincial crop insurance agency is raising the yield threshold at which drought-damaged crops can be grazed, baled for greenfeed or cut for silage with no penalty on future coverage. Saskatchewan Crop Insurance Corp. said Wednesday it would double the “low yield appraisal” threshold values on cereal or pulse crop acres put to feed. SCIC […] Read more

Updated CropChoices$ now available online

Updated CropChoices$ now available online

Reading Time: < 1 minute The 2021 edition of CropChoices$ is now online. The free budgeting and economic modelling tool can help when finalizing crop plans. The program helps forecast revenues and margins for grains, oilseeds, pulses, specialty and forage crops by using inputs and then calculating the probabilities of achieving the results. The latest edition features current crop insurance […] Read more


(Lightguard/iStock/Getty Images)

Saskatchewan to pare school tax mill rate for farmland

EPT mill rates to rise for residential, other properties

Saskatchewan’s latest budget taps down the education property tax (EPT) mill rate it sets on farmland, while raising those mill rates on other property classes. The provincial government, in Tuesday’s budget, set the provincewide EPT mill rate on agricultural land for 2021 at 1.36, down slightly from the previous rate of 1.43. EPT mill rates […] Read more

CBOT May 2021 corn with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Corn, soy, wheat futures ease in setback from surges

Sovecon raises Russian wheat export forecast

Chicago | Reuters — U.S. grain and soybean futures eased on Monday in a setback from rallies driven by concerns about tight crop supplies. The markets will likely not decline too sharply, traders said, because of strong demand from China and the need for large global harvests. In corn, speculative bullishness in corn remains near […] Read more


Relatively low payouts in recent years mean the province’s crop insurer can afford to sharply reduce premiums and have enough in reserve to cover “a significant wreck.” (* The size of AFSC’s reserve fund for crop insurance in billions of dollars. The figure for 2020 may be adjusted as it reflects payouts made as of Jan. 31 and processing of the 2020 year is still ongoing).

Big crop insurance premium cut may last for years, says AFSC

Barring a big crop wreck, this year’s 20-per-cent cut in premiums will continue for five years, says CEO

Reading Time: 5 minutes Alberta farmers will see a 20 per cent cut to crop insurance premiums this year — and if all goes well, those savings could continue over the next five years. “We’re providing a premium break right now that will lower the cost to producers in the program — (but) even doing that, we still find […] Read more

AFSC CEO Darryl Kay announced a 20 per cent cut in farmers’ AgriInsurance premiums for the 2021 crop year on Jan. 25. (AFSC video screengrab via YouTube)

Alberta crop insurer taps reserve to cut premiums

AFSC to pare premiums by 20 per cent

The reserve at Alberta’s Crown crop insurance agency will be tapped to offset the premiums charged to farmers for the 2021 crop year, and possibly for longer. The province’s Agriculture Financial Services Corp. (AFSC) said Monday its farmer customers will get a 20 per cent discount on crop insurance premiums this year — which on […] Read more