Cattle price insurance premiums up from last year

Cattle price insurance premiums up from last year

Increased volatility in the CME cattle futures market makes it more expensive to protect prices

Reading Time: 2 minutes Cattle price insurance for the 2016 calf crop is now available from Agriculture Financial Services Corporation (AFSC) until May 31, 2016 at a little higher cost than the same time last year. Bruce Viney, risk management specialist at Alberta Agriculture and Forestry, says the higher premiums directly reflect a higher level of risk and volatility. […] Read more

(Manitoba Co-operator file photo by Laura Rance)

Advance payment program widened, streamlined

More types of livestock will be eligible and more types of security will be allowed for Canadian farmers to get federally-backed advance payments starting this year. Amendments to the Agricultural Marketing Programs Act (AMPA), made last February as part of the former Conservative government’s omnibus Agricultural Growth Act, have made regulatory changes possible for the […] Read more


coyote

We need a better approach to dealing with wildlife

Beef 911: Farming has created a great environment for wildlife 
but farmers are paying a steep price for the damage it causes

Reading Time: 4 minutes There have been many articles on the escalating conflict between wildlife and agriculture (both livestock and grain production) in certain areas of Canada. Our governments are struggling as to what to do and the most recent survey on wildlife damage by Alberta Beef Producers and the Miistakis Institute shows a high percentage of farmers impacted […] Read more

flood rescue by helicopter

Flood simulation model promises a big payback

Insurers won’t issue flood insurance until they have a better way to calculate risks — 
and the flood simulation model does that

Reading Time: 3 minutes Agriculture is leading the charge into research which could ultimately mean flood insurance being available for all Albertans. As the massive flooding of 2013 highlighted, there is no insurance for such disasters. In fact, Canada is the only one of the G-8 nations without such coverage. ‘Why not?’ is the question that always arises when […] Read more


grain terminal at dawn

Should farmers pay for protection against grain company defaults?

The Canadian Grain Commission has proposed setting up a security fund paid 
for by grain companies, but Ontario has gone with a farmer-funded model

Reading Time: 4 minutes Manitoba’s main farm group is eyeing a plan that would see farmers directly fund insurance to cover losses when grain buyers can’t pay their bills. That’s a different route than envisioned by Ottawa under sweeping changes to the Canada Grains Act introduced to Parliament last month. The plan is to replace the Canadian Grain Commission’s […] Read more