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Tag Archives AgriInsurance

Crops, Weather

Alberta crop insurer taps reserve to cut premiums

AFSC to pare premiums by 20 per cent

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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

Ontario extends lost-labour production insurance

COVID-related coverage held over for 2021 program year

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A temporary expansion of Ontario’s AgriInsurance program, to cover losses caused by COVID-19-related short-handedness on the farm, will be held over. The province and federal government on Dec. 22 announced the expansion of coverage will be extended to cover the 2021 program year — and that it will insure production of “additional commodities.” Further details
Manitoba producers who use silage can now 
get crop insurance, something the Manitoba 
Beef Producers has long sought.
Forages, News

Provincial forage AgriInsurance gets upgrade

Livestock producers are getting their wish on how MASC anticipates corn silage yields, among other announcements

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Livestock producers relying on corn silage will soon be able to lock in insurance based on personal production history. On Oct. 16, Manitoba Agriculture and Resource Development Minister Blaine Pedersen announced individual productivity indexing (IPI) for silage corn, among a list of other feed crop insurance changes incoming for 2021. Until now, MASC has based
Crops

Ontario to insure for crop loss due to lack of labour

AgriInsurance offering hailed as a first in Canada

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Ontario’s federal/provincial AgriInsurance program has been temporarily expanded to include coronavirus-related labour shortages as a covered cause for crop loss. Producers already enrolled in an eligible production insurance plan and hit by crop losses due to labour disruptions during the 2020 growing season will be able to get further insurance coverage, the Ontario and federal
Crops

Insurance customers’ contact info dropped into MASC email

Crown crop insurance agency warns of privacy breach

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A contact list of crop insurance customers at Manitoba Agricultural Services Corp. has gone out via email to several dozen of the Crown ag insurance agency’s customers. MASC on Monday said a file containing names and contact information of an unspecified number of AgriInsurance clients was “attached in error” to an email sent last Tuesday
Markets

COVID-19 aid ‘falls short,’ farm groups warn

Aid package includes AgriRecovery for cattle, hog sectors

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Ottawa — Despite Prime Minister Justin Trudeau saying more money will be provided if needed, the agriculture sector continues to criticize Ottawa’s $252 million in COVID-19-related financial aid offered to producers and processors. “If we have to add more, we will,” said Trudeau, after announcing new funding and programming. The federal government is offering an
Markets

P.E.I. plans AgriStability top-up, AgriInsurance discount

Province also pledges potato storage funding

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Prince Edward Island’s response to COVID-19 includes plans to pump up its farmers’ coverage level under the federal/provincial AgriStability income stabilization program. The P.E.I. government on Thursday announced a support package for farmers including $8.8 million over two years in additional business risk management (BRM) program funds. That includes paying the provincial portion of the
Agriculture Minister Blaine Pedersen outlined what’s new in Manitoba for crop insurance during a presentation Jan. 21 at Ag Days in Brandon.
Crops

Crop insurance: What’s new in 2020?

The organic sector, farmers with extended grazing and high-value crop growers can all expect more insurance options this year

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Crop insurance coverage is poised for another increase in 2020, according to Manitoba Agricultural Services Corp. (MASC). AgriInsurance coverage will hit $3 billion this year, with similar premiums to 2019. Why it matters: Better production knowledge has yields, and coverage, trending up, while the organic sector and producers with extended grazing will get more safety
Crops, Forages, Weather

Hay disaster benefit kicks in for Manitoba growers

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Eligible Manitoba forage growers can expect to share in a $5 million hay disaster benefit (HDB) for the 2019 crop year. Manitoba Agricultural Services Corp. (MASC), the provincial crop insurance agency, announced Friday that the HDB has been activated and benefit payments to eligible forage producers on about 1,500 claims will begin “shortly.” The HDB,
News

Lots of talk, few actions at ag ministers meeting

Action on AgriStability shortcomings could come by the end of the year

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The annual meeting of Canadian agriculture ministers concluded with lots of talk — but no immediate changes along the lines recommended by a coalition of farm organizations. The ministers’ closing statement said they discussed trade disputes, support for dairy and poultry producers, labour shortages, fixing business risk management programs and preventing African Swine Fever from

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