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
Manitoba triggers hay disaster benefit
Per-tonne rate lifted to cover feed, transport costs
Avian flu insurance plan backed for Ontario turkeys
New plan to be mandatory for turkey farmers
Ontario’s turkey producer organization will get federal support to help set up a new mandatory insurance plan to cover costs incurred in any future outbreaks of avian influenza. Southern Ontario MPs Neil Ellis and Tim Louis on Monday announced up to $559,285 in federal funding through the AgriRisk Initiatives: Administrative Capacity Building stream for Turkey […] Read more
Packing plants back on track, but future uncertain
With a huge backlog of animals to work through, cattle groups are fearful of what comes next
Reading Time: 3 minutes Alberta’s beef-packing plants are working at or near full capacity but the crisis is not over yet, say cattle leaders. “Our processing capacity has continued to increase over the past few weeks and cattle prices have been relatively strong, but markets are still vulnerable to a disruption in the processing plants,” Alberta Beef Producers chair […] Read more
Ontario extends fruit, forage insurance premium deadlines
Extension offers 'flexibility,' Agricorp says
Ontario fruit and forage growers who have production insurance premiums due this month will now have until June 30 to pay, the province said Monday. The extended premium payment deadline applies only to production insurance plans for fruit, strawberries and asparagus — and to the forage rainfall insurance plan, which uses rainfall as an indicator […] Read more
Manitoba extends forage insurance survey deadline
Review's face-to-face public meetings cancelled
Manitoba’s provincial review of its relatively under-subscribed crop insurance offerings for forage growers has extended its deadline for grower comment. Manitoba Agricultural Services Corp. (MASC) last week announced it has cancelled all in-person public meetings on its forage insurance review, citing the COVID-19 coronavirus pandemic. But the agency has extended the deadline to take part […] Read more
Manitoba to pilot insurance program against hog disease risks
Pork council study backed with federal, provincial funds
“Private sector solutions” to manage financial risks caused by disease outbreaks on hog farms are on the drawing board in a new Manitoba-led pilot project that could go nationwide. Coming out of a Thursday morning meeting with hog producers in Winnipeg, federal Agriculture Minister Marie-Claude Bibeau announced $482,158 from the AgriRisk Initiatives (ARI) arm of […] Read more
Grains sector backed to develop export rejection insurance
Code of practice for 'sustainable' crops also in works
The organization representing Canada’s crops sector will get public funding to develop an insurance plan against the “unpredictability” of export customers. Federal Agriculture Minister Marie-Claude Bibeau, speaking Wednesday at the CropConnect conference in Winnipeg, announced over $430,000 for the Canada Grains Council to develop a pilot insurance product for grain exporters. Such an insurance plan […] Read more
Storms leave close to 1,000 hail claims on Prairies
MarketsFarm — There were almost 1,000 claims for hail damage across the Prairies following a series of storms Sept. 15-20, according to the Canadian Crop Hail Association (CCHA). The CCHA said the most destructive of the storms during that week came on Sept. 17. “There is significant damage from this late–season storm. There was heavy […] Read more
What you need to know about workers’ compensation in Alberta
The new provincial government plans to allow third-party coverage but for now, the old rules remain in place
Reading Time: 4 minutes For now at least, farm employers still have to have insurance from the Workers Compensation Board of Alberta. But there are benefits that come from WCB coverage, an official with the company told attendees at a recent Alberta Beef Producers meeting. That includes no-fault insurance, said Boris Makale, an insurance specialist with WCB, which is […] Read more
Consider ways to protect against price drops of crops, says analyst
The Spring Price Endorsement offers protection but now has a deductible
Reading Time: < 1 minute There are some changes to the Spring Price Endorsement this year. The Spring Price Endorsement (SPE) is a supplementary election to production insurance at the 60 to 80 per cent coverage level. It provides some protection against a price drop for an insured crop. A spring price is set for each crop during the winter, […] Read more
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