GFM Network News


U.S. grains: Corn, soy, wheat futures ease in setback from surges

Sovecon raises Russian wheat export forecast

Chicago | Reuters — U.S. grain and soybean futures eased on Monday in a setback from rallies driven by concerns about tight crop supplies. The markets will likely not decline too sharply, traders said, because of strong demand from China and the need for large global harvests. In corn, speculative bullishness in corn remains near

About 90 per cent of Manitoba’s cultivated acres are covered under AgriInsurance.

Insurance coverage up, costs down

Record crop insurance coverage and moderately lower premiums expected in 2021

Manitoba AgriInsurance coverage is expected to hit a record $3.128 billion this year, while premiums will be moderately lower, says a joint federal-provincial news release. It’s due to a combination of higher crop values and reduced crop insurance payments over time. “There are two pieces of the puzzle,” David Van Deynze, chief product officer with the


Alberta crop insurer taps reserve to cut premiums

AFSC to pare premiums by 20 per cent

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

Manitoba to consolidate and shut agriculture, MASC offices

Province announces 'new rural service delivery model'

Updated, Jan. 7 — Manitoba’s agriculture and resource development department and crop insurance and ag lending agency will close their offices in 21 communities and consolidate others this spring, in a bid to reduce their “physical footprint.” Agriculture Minister Blaine Pedersen on Wednesday announced what the province billed as “a new rural service delivery model

AgriStability proposal could have hidden cost, Pedersen warns

Manitoba's ag minister warns Bibeau's plan may hurt crop insurance, AgriInvest funding

Ottawa’s proposal for an improved AgriStability program could give farmers short-term gain for long-term pain, Manitoba’s agriculture minister Blaine Pedersen warns. At the online federal-provincial-territorial agriculture ministers’ meeting on Friday, federal Agriculture Minister Marie Claude Bibeau proposed dropping AgriStability’s maximum reference margin, and increasing the compensation rate from 70 to 80 per cent retroactively this


Manitoba producers who use silage can now 
get crop insurance, something the Manitoba 
Beef Producers has long sought.

Provincial forage AgriInsurance gets upgrade

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

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


Jill Verwey.

BRMs slow, complicated, kind of pointless, Manitoba farmers say

PROGRAM | Manitoba farmers weigh in on issues with AgriStability

The way some Manitoba farmers see it, they’d be better off if AgriStability didn’t exist. “AgriStability has never been there for cattle producers or grain producers, and definitely not there for the mixed producers,” said Mitch Janssens, who farms near Boissevain. Earlier this month, Ag Minister Blaine Pedersen said the program, long under fire from


Manitoba winter wheat, fall rye seeding deadlines extended

MASC spots growers an extra two weeks

Manitoba’s provincial crop insurance agency will spot growers of fall rye and winter wheat an extra couple of weeks to get insurable crops in the ground. Manitoba Agricultural Services Corp. (MASC) announced Tuesday that growers can get full coverage on winter wheat or fall rye seeded from Aug. 15 to Sept. 25, and reduced coverage