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Crops, News

Masc Hail Premium Rebate Coming

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The Manitoba Agricultural Services Corporation is refunding $669,000 to 1,400 farmers after reviewing its policy on how to treat drowned-out acres for which farmers had purchased hail insurance. The change means farmers will get half their MASC hail insurance premium refunded on acres enrolled in the Canada- Manitoba Excess Moisture Assistance Program (CMEMAP). “Early in
News

Moisture Money Flows – for Aug. 12, 2010

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Manitoba Agricultural Services Corporation (MASC) has paid more than $27.5 million in excess moisture insurance claims under the Agri Insurance program as a result of the extreme wet weather this spring, Agriculture, Food and Rural Initiatives Minister Stan Struthers said Aug. 9. “This payment is the second highest in the history of the Excess Moisture
News

Moisture Money Flows – for Aug. 12, 2010

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Manitoba Agricultural Services Corporation (MASC) has paid more than $27.5 million in excess moisture insurance claims under the Agri Insurance program as a result of the extreme wet weather this spring, Agriculture, Food and Rural Initiatives Minister Stan Struthers said Aug. 9. “This payment is the second highest in the history of the Excess Moisture
Cereals, Crops, Opinion

Farm Aid Highly Political

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Why should governments top up crop insurance coverage in a year where there’s a widespread disaster when they wouldn’t likely have the same response if the problem was regional? Amazingly, last week’s annual meeting of federal and provincial agriculture ministers concluded with a detailed program announcement for flooded Prairie farmland. Rarely do governments act so
News

Excess Rain Leaves 700,000 Acres Unseeded

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“We’re in the middle of making payments and we’re doing them as quickly as we can. Our adjusters are going like crazy.” – DAVID VAN DEYNZE, MASC About 700,000 acres of Mani toba cropland was too wet to seed this spring, which will trigger $29 million to $30 million in payments to waterlogged farmers through
Livestock, News

Mobile Phones Bring Insurance To Kenyan Farmers

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Kenyan farmers can now insure some of the costs of growing crops against bad weather by using mobile phone technology that links solar-powered weather stations to an insurance company. Farmers can cover the cost of seeds, fertilizers and pesticides at local agricultural supply shops by paying an extra five per cent of their value. If
Hogs, News

AgriStability Plus In The Works

The Manitoba Pork Council is seeking producer feedback on a proposed companion top-up program to AgriStability. AgriStability Plus is based on a full cost-of-production model of the farm instead of being margin based. As a companion to AgriStability, it would be an insurance-based program. Producers would be responsible for the full cost of premiums but
News

2009 Corn Crop Insurance By The Numbers

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Corn farmers insured: 560 Insured corn acres: 161,500 Total corn coverage: $51.5 million Corn premium collected: $9.6 million (Farmers paid 40 per cent or $3.8 million, the federal government paid 36 per cent or $3.5 million and Manitoba paid 24 per cent or $2.3 million.) Average probable (long-term average) corn yield: 88.8 bushels an acre
Crops, News

KAP Explores Weather-Indexed Production Insurance

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“I guess it really boils down to kind of a philosophical discussion over who should be delivering crop insurance.” – NEIL HAMILTON If Manitoba farmers could’ve insured against a killing frost occurring in late August, many would’ve, suspects Keystone Agricultural Producers (KAP) president Ian Wishart. Fortunately, the frost held off and disaster was averted. Farmers
News

Hail Damage Seen Below Average

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Manitoba’s farms saw “relatively light” hail damage during the 2009 growing season, with a near-average number of claims but total hail insurance payouts “well below average.” The Canadian Crop Hail Association, a Prairie hail insurers’ group, last week pegged Manitoba’s total hail insurance payouts for the 2009 season at just $12.2 million, spread over 2,650

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