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Tag Archives Agricultural insurance — page 3

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Record AgriInsurance Payouts Forecast For 2011

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Manitoba farmers can expect record crop insurance payouts this year after an exceptionally wet spring followed by dry conditions most of the summer. Farmers will also pay higher crop insurance premiums next year to build up the program s reserves, drawn down by big payouts for the second year in a row. Craig Thomson, vice-president
Crops, News

Equitable Treatment Sought For Crops: KAP

The Keystone Agricultural Producers (KAP) is seeking changes to crop insurance rules to give farmers more flexibility in choosing their excess moisture deductibles. Farmers attending KAP’s general council meeting said they want the option of buying down their excess moisture deductibles in five per cent increments instead of having to buy it down to zero.
Crops, News

Clarification On Excess Moisture Insurance For 2011

Cropland too wet to seed last spring, which didn’t get worked last year because it remained too wet, qualifies for Excess Moisture Insurance (EMI) in 2011. Incorrect information appeared in a front-page story on crop insurance in the March 17, 2011 issue of theManitoba Co-operator. EMI coverage applies to land that is intended for annual
Crops, Opinion

New Revenue Insurance For Farmers

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Abrand new type of revenue insurance is being offered to grain farmers this spring. If it proves itself, it may decrease the need for crop and hail insurance. The company behind the offering is Global Ag Risk Solutions of Moose Jaw. Financial planner Grant Kosior is one of the founders. The others are Dean Klippenstein
Crops, News

Cmemap Pays $40.5 Million In Manitoba

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About 1.74 million acres or nearly two per cent of Manitoba cropland was either too wet to seed this spring or the seeded crops drowned, the Manitoba Agr icultural Services Corporation says. The losses prompted $40.5 million in payments to farmers under the Canada-Manitoba Excess Moisture Assistance Program (CMEMAP). “We had applications from all areas
Crops, News

Masc Hail Premium Rebate Coming

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The Manitoba Agricultural Services Corporation is refunding $669,000 to 1,400 farmers after reviewing its policy on how to treat drowned-out acres for which farmers had purchased hail insurance. The change means farmers will get half their MASC hail insurance premium refunded on acres enrolled in the Canada- Manitoba Excess Moisture Assistance Program (CMEMAP). “Early in
Crops, News

No MASC Hail Coverage On CMEMAP Acres – for Aug. 26, 2010

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Some farmers who have drowned acres are upset they aren’t also eligible for the hail coverage they purchased through the Manitoba Agricultural Services Corporation. Crops where Manitoba farmers have claimed $30 an acre under the Canada-Manitoba Excess Moisture Assistance Program (CMEMAP) aren’t eligible for hail coverage through the Mani toba Agr icul tural Services Corporation
Crops

Excess Moisture Program Concerns – for Jul. 29, 2010

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Manitoba Agriculture Minister Stan Struthers has turned down a request from Keystone Agricultural Producers to extend the deadline to apply for the Canada-Manitoba Excess Moisture Assistance Program (CMEMAP). “I’ve been talking to farmers from every region of the province and they’ve been telling me the size of their input bills and the pressure they’re getting
Cereals, Crops, Livestock, News

Excess Moisture Application Forms In The Mail

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Application forms for the aid promised by federal and provincial ministers earlier this month are in the mail and farmers can expect payments in late August or early September, officials say. Farmers have until Aug. 3 to apply for the 2010 Canada-Manitoba Excess Moisture Assistance Program (CMEMAP), which pays $30 for each acre of annual
Cereals, Crops, Opinion

Farm Aid Highly Political

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Why should governments top up crop insurance coverage in a year where there’s a widespread disaster when they wouldn’t likely have the same response if the problem was regional? Amazingly, last week’s annual meeting of federal and provincial agriculture ministers concluded with a detailed program announcement for flooded Prairie farmland. Rarely do governments act so

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