Ride the market wave into livestock risk management

Ride the market wave into livestock risk management

Livestock Price Insurance and AgriStability make sense to enter when cattle prices are up expert says

Livestock Price Insurance (LPI) has never looked better for cattle producers, says Manitoba Agriculture Farm Management Specialist, Ben Hamm. Cattle prices have been rising steadily over the past 12 months, and they’re approaching the highs seen in 2014 and 2015. “We saw some significant profitability in 2014-2015,” says Hamm. “We never dreamed that we would

(Stephen Ausmus photo courtesy ARS/USDA)

Alberta poultry sector gets late entry for AgriStability

Participation deadline extended to end of month

In the wake of avian influenza outbreaks in the region, Alberta poultry producers have been granted a late participation option to sign up for the federal/provincial AgriStability income stabilization program. Provincial Ag Minister Nate Horner on Wednesday announced the two levels of government have reached an agreement to allow poultry producers late participation in AgriStability


“During this time of high interest rates, it’s becoming more imperative for producers to use low-interest financing tools.” – Syeda Khurram.

Farmers cash in on interest-free loans

This summer the federal government upped the interest-free portion of the Advance Payments Program

Manitoba administrators of the Advance Payments Program say clients are making use of the increased interest-free portion and borrowing more money. “The amount of the advances have [increased] significantly,” said Randy Ozunko, who manages the program for the Manitoba Pork Council. The APP is federally funded and administered by producer groups. It offers up to

Andre Harpe.

New ag policy framework gets mostly thumbs-up

Change in the AgriStability reference margin from 70 to 80 per cent may encourage more participation

The new national business risk management plan is getting a generally positive reception from farm organization leaders. The new framework, titled the Sustainable Canadian Agricultural Partnership, was announced by federal, provincial and territorial agriculture ministers following their annual meeting at the end of July. Grain Growers of Canada chair Andre Harpe said he was glad the ministers were able to reach a decision,


Federal Ag Minister Marie-Claude Bibeau (r) visits the Ag in Motion outdoor farm show near Langham, Sask. on July 20, 2022. (Greg Berg photo)

Ag ministers lock in next policy funding framework

AgriStability compensation rate to rise; new EGS program planned; some agmins decry feds' approach on fertilizer emission cuts

The new federal-provincial ag policy funding framework due to take effect next April 1 will include a new ecological goods and services plan and a sweetened compensation rate for AgriStability. Following meetings this week in Saskatoon, federal Agriculture Minister Marie-Claude Bibeau and her provincial and territorial counterparts on Friday mapped out the bones of their

(Photo courtesy Canada Beef Inc.)

AgriStability enrolment deadline extended for 2022

Two-month extension in place for fourth year in a row

The deadline for Canadian farmers to enroll in AgriStability has been extended for two months — making 2022 the fourth year in a row with a enrolment deadline bump for the farm income stabilization program. The enrolment deadline without penalty for the 2022 program year was previously scheduled for this Saturday, April 30, but is



A tractor-mounted snowblower runs through rows of piled-up surplus potatoes on a field near Victoria, P.E.I., about 35 km west of Charlottetown, on Dec. 20, 2021. The shredded potatoes are expected to break down over the winter as compost. (Screengrab from P.E.I. Potato Board video)

Feds put up funds toward managing P.E.I. potato surplus

Ottawa budgets $28 million for distribution and disposal

Prince Edward Island potatoes locked out of the U.S. export market will go either to food banks or “environmentally-sound” disposal with new federal funding. Federal Agriculture Minister Marie-Claude Bibeau on Monday announced $28 million “to support the diversion of surplus potatoes, including help to redirect surplus potatoes to organizations addressing food insecurity and support for


“I think moving forward there will be some modifications and some improvements to the program… Will it be what all agriculture wants? It may not be all of that.” – Bill Campbell.

Still hope for improvements to AgriStability

KAP says co-operation to address drought a positive sign for risk management negotiations

It appears the major AgriStability overhaul many farmers want is unlikely any time soon, but Bill Campbell is optimistic improvements can still be made. “I think moving forward there will be some modifications and some improvements to the program,” Campbell, president of the Keystone Agricultural Producers (KAP), said in an interview Dec. 8, the day

Farmers whose drought-stricken crops faced yield shortfalls can claim any contract losses as eligible AgriStability expenses.

Grain contract losses an eligible AgriStability expense

The NFU wants a mandatory ‘act of God’ contract clause but a veteran grain trader says it won’t fly

Farmers who lost money because they forward sold more crop than they grew can claim that as an expense under AgriStability. And Manitoba farmers not enrolled can still join the risk management program, but with a 20 per cent penalty on payouts. That’s the message Stewart Wells wants every farmer to hear. The Swift Current,