crop insurance Archives - Page 3 of 32

Saskatchewan budget aims to spur ag investment

Potash, crude oil resource revenues help cut deficit

By Dave Bedard, GFM Network News March 24, 2022

Sweetening existing tax credits on big-ticket investments, and setting up a new Crown corporation to support Indigenous investors, are among the items expected to help encourage new value-added ag projects in Saskatchewan’s latest budget. Provincial Finance Minister Donna Harpauer on Wednesday released her 2022-23 budget with $17.6 billion in expenditures on $17.2 billion in revenues,

The Canadian Organic Trade Association gave Manitoba organic crop insurance three out of five stars.

News

Manitoba middle of pack in organic regulation, crop insurance

COTA ‘State of Organics’ gives low scores for organic market and production supports, data collection

By Manitoba Co-operator Staff March 15, 2022

Manitoba’s organic crop insurance and organic regulation and enforcement land the province about in the middle in Canada, according to a new Canadian Organic Trade Alliance (COTA) report. Recent overhauls of Manitoba Agricultural Services Corporation’s (MASC) organic crop insurance programs have led to “significantly larger payouts” while adding more crops to the program,” said COTA

Crops, Weather

Saskatchewan pushes crop insurance deadline to mid-April

'Logistical challenges' led to extension

By Dave Bedard, GFM Network News March 15, 2022

Saskatchewan farmers will get an extra couple of weeks to apply for, cancel, reinstate or change their crop insurance contracts for 2022, due to holdups in the delivery of their application packages. That deadline, originally March 31, has now been extended to April 14, provincial Ag Minister David Marit and his federal counterpart Marie-Claude Bibeau

Manitoba producers now have new options to insure multi-species forage mixes.

Forages, News

Multi-species forage gets insurance safety net

A long ingredient list no longer necessarily precludes that greenfeed recipe from being insured

By Alexis Stockford March 2, 2022

Producers will have a few new options when it comes to forage insurance in 2022. The Manitoba Agricultural Services Corporation (MASC) has added or expanded two programs geared towards producers diversifying their annual forage. Why it matters: Two new or expanded forage insurance options will be on offer this year for producers looking to mix

Crops, Weather

Saskatchewan forage rainfall insurance to adjust for hot spells

SCIC also expanding crop roster for contract price option

By Dave Bedard, GFM Network News February 23, 2022

Saskatchewan forage and corn growers whose crops are insured against below-normal rainfall can expect a beneficial bump starting this year if those crops get cooked in high heat. The Saskatchewan and federal governments on Tuesday announced details for their 2022 crop insurance program — under which average coverage is expected to reach $405 per acre,

Jeff Veenstra grows vegetables on Wild Earth Farms near Birds Hill Park, northeast of Winnipeg.

Farmit Manitoba

Acreage requirement drop for veggie insurance first step for small-scale farmers

Move shows MASC is listening to call for scale-appropriate BRMs, says Direct Farm Manitoba

By Geralyn Wichers February 15, 2022

A drop in acreage required to insure vegetable crops has opened a door for smaller-scale and direct-marketing farmers. “This has really changed our ability to be insured quite significantly,” said Jeff Veenstra who farms northeast of Winnipeg. On January 25, the province announced it would reduce the minimum required acres for vegetable acreage loss insurance

Editorial, Op/Ed, Other

Editor’s Take: The countdown on the next farm policy review begins

By Gord Gilmour February 10, 2022

The next national agricultural policy framework will take effect April 1, 2023. That gives the federal, provincial and territorial agriculture ministers just over a year to make the new rules that will govern countless aspects of your business’s financial life. That’s not much time to get them right. One of the biggest bones of contention

A restoration company vehicle sits in a flooded field at Abbotsford, B.C. on Nov. 30, 2021. (Photo: Reuters/Jennifer Gauthier)

Weather

AgriRecovery underway for flood-battered B.C. farms

Feds, province put up $228 million

By Dave Bedard, GFM Network News February 8, 2022

The federal and British Columbia governments’ response to last fall’s destructive flooding now includes what’s said to be the biggest farm disaster recovery package in the province’s history. Provincial Agriculture Minister Lana Popham and her federal counterpart Marie-Claude Bibeau on Monday announced cost-shared funding of $228 million for the Canada-B.C. Flood Recovery for Food Security

News

Crop insurance figures growing fast

High crop prices now mean record coverage for the 2022, while last year’s drought will trigger record payouts on the 2021 crop

By Allan Dawson February 3, 2022

Crop insurance figures keep getting bigger. The 2021 group season will generate around $650 million in payouts due to low yields during the drought. And the resulting higher prices will mean that is followed by a record $4.66 billion in crop insurance coverage for the 2022 growing season. That $4.66 billion in coverage is based

Crops, News, Other

Worst crop in 15 years not bad financially for some

Good prices and good crop insurance coverage helped

By Allan Dawson February 3, 2022

Warren McCutcheon is too young to recall much about the 1988 drought, but based on stories he’s heard, he suspects a combination of factors resulted in many Manitoba farmers faring better after the 2021 drought. The 1988 drought, dubbed at the time ‘the worst since the Dirty ’30s,’ triggered $790 million ($1.57 billion in today’s

Daily Network News

India, Japan canola crops to be steady in 2026/27 – USDA

ICE Weekly: Trade waits for canola to break out

Advance Payments Program interest free limit set at $250,000 for 2026

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