Daily Network News

More News →

Tag Archives crop insurance

File photo of an Ontario cherry orchard. (UpdogDesigns/iStock/Getty Images)
Crops

Ontario to extend labour-related crop loss coverage

Losses due to COVID-19-related labour disruptions covered

By ,
A temporary crop insurance expansion that covers Ontario farms against crop losses due to “on-farm labour disruptions” caused by COVID-19 will be held over for yet another year. Agricorp, the province’s farm program delivery agency, announced in late December the feature first introduced in 2020 will be included again in 2022, at the same coverage
Manitoba farmers found a very variable yield picture during harvest this year, and now many are concerned about the elevated risk higher prices and input costs will bring next year.
Crops, News

A very variable harvest: Manitoba’s hit-and-miss season

With crop input prices rising, farmers face even more risk when they seed next year

By
When it’s all said and done, the past production season is going to feature a few success stories and a whole lot of hard-luck tales. Manitoba’s 2021 crop and hay production will clearly be below average when all the data is compiled later this year, says Keystone Agricultural Producers’ (KAP) president Bill Campbell. “Overall in
“Even prices for 2022 are 25 per cent less than they are today, but they are still much, much higher than they were last year.” – Warren McCutcheon
News, Other

Will crop insurance values reflect jump in crop prices?

Values set for 2021, before the market rally, are inadequate in today’s environment, some say

By
After close to a year of high grain prices, Warren McCutcheon expects they should be reflected in the crop values used to calculate crop insurance payouts in 2022. “We’ve seen these prices sustained here for almost a year now so if crop insurance comes out with $4.50 corn and $8 wheat guys are going to
“It’s a significant increase from a year-to-year standpoint.” – David Koroscil, MASC.
News

MASC reports slight forage insurance uptick

This was the first year programs included changes from a forage insurance review

By
Slightly more producers bought into forage insurance this year, although it’s unclear how much that increase was brought on by changes new to the program this year, and how much was due to expectations of a poor season. “It’s probably a combination of both,” Manitoba Beef Producers general manager Carson Callum said, “and we don’t
File photo of a canola crop south of Ethelton, Sask. in 2019. (Dave Bedard photo)
Crops, Weather

Nexera canola seed to come with heat blast insurance

Corteva's 'Heat Advantage' provides coverage on seed purchased by Oct. 29

By ,
Farmers can’t prevent canola flowers from aborting in hot weather resulting in lower yields, but one seed company is providing some insurance against it — as part of the price of the seed. Brevant’s Nexera canola seed comes with a “a first-of-its-kind” insurance policy worth up to $100 an acre to offset yield losses due
A recent crop report indicates harvest yields so far this year vary from less than half of normal to normal.
News

Crop insurance prepared for hefty drought payouts this year

The program, founded in 1960, is designed to be actuarially sound

By
There’s enough money to cover Manitoba crop insurance payouts in the wake of this year’s drought, the worst in years, says David Van Deynze. Despite an early harvest due to dry and hot growing conditions, Van Deynze, chief product officer with the Manitoba Agricultural Services Corporation (MASC), which administers the federal-provincial program, says it’s too
The strawberry field at Grunthal Berries at the beginning of June 2021.
News

Fruit farmers call for better insurance safety net

Exiting berry farmer says her experience illustrates a lack of support, forethought from provincial government

By
First there was winterkill, then frost damage and finally lab tests confirmed what Colleen Edmunds of Grunthal Berries feared — the majority of her strawberry field was dead. Edmunds was ready to retire, and this was the final straw. “Why keep doing it?” she said. They finished out the raspberry picking season and pulled the
A resolution passed at a recent KAP meeting called on the Manitoba Agricultural Services Corporation to exclude a farmer’s Individual Productivity Index calculations from standing crops cut for feed, instead of being combined.
News

Drought triggers calls for crop insurance adjustments

MASC urged to waive IPI calculations

By
As a severe summer drought tightens its grip on Manitoba, farmers are seeking adjustments to crop insurance coverage to help them salvage what they can from drought-ravaged crops. A resolution passed at a recent Keystone Agricultural Producers (KAP) meeting called on the Manitoba Agricultural Services Corporation (MASC) to exclude a farmer’s Individual Productivity Index (IPI)
Manitoba Beef Producers president Tyler Fulton speaks in Winnipeg on July 22, 2021 at a federal/provincial announcement including planned changes to crop insurance against this summer’s drought, alongside federal Agriculture Minister Marie-Claude Bibeau and Winnipeg MP Kevin Lamoureux (r). (Dave Bedard photo)
Crops, Weather

Manitoba triggers hay disaster benefit

Per-tonne rate lifted to cover feed, transport costs

By ,
Manitoba’s crop insurance agency is set to lift the per-tonne rate paid out on insured forage crops to help cover livestock producers’ bills to buy and truck in replacement feed. Manitoba Agricultural Services Corp. (MASC) on Thursday announced a 2021 hay disaster benefit to provide another $44 per tonne, for every tonne below coverage, to
Federal Agriculture Minister Marie-Claude Bibeau, shown here with Craig Riese (l) of Keystone Agricultural Producers and Manitoba Beef Producers president Tyler Fulton, speaks on July 22, 2021 at The Forks in Winnipeg. (Dave Bedard photo)
Other, Weather

Tax deferrals, crop insurance changes en route against drought

Assessments underway for AgriRecovery, minister says

By ,
Updated — As the federal government looks to manage impacts of ongoing drought conditions in Canada’s West, producers in parts of five provinces can already expect to be eligible for the livestock tax deferral program. Agriculture Minister Marie-Claude Bibeau announced Thursday in Winnipeg that producers in drought-designated areas of southern Alberta, southeastern British Columbia, northwestern

AgCanadaTV

AgCanadaTV Special Feature: Crop pest insects to watch out for in 2026

Sponsored by:
More Videos →

Latest Market News

More Market News →