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Crops, News

Manitoban Teaches Crop Adjusting In Ukraine

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Some people golf or lie on the beach, but Doug Wilcox spent a week of his July vacation in Ukraine teaching would-be crop insurance adjusters. “My role was not just teaching the hands-on crop adjusting, but the science behind crop adjusting,” said Wilcox, manager of program development for Crop Insurance Products at the Manitoba Agricultural
Crops, Livestock

Cattle Producers Call For Price Insurance Coverage

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“This is an area where we’ve been short every time.” – MARTIN UNRAU, MCPA Canada’s free-enterprise cattle producers have taken a radical step in risk management by asking for a government-run price insurance program. The Canadian Cattlemen’s Association recently called for a national cattle price and basis insurance program to guard against drastic dips in
News

$21.5 Million Excess Moisture Claims

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“A lot of those farmers are still suffering from excess moisture from last summer.” – CRAIG THOMSON Manitoba farmers couldn’t seed 420,000 acres this spring to annual crops due to excess moisture, triggering $21.5 million in crop insurance payouts Agriculture Minister Rosann Wowchuk announced July 16. That’s the third-highest number of acres unseeded because of
News

Pirates Affect Insurance Rates

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The attempted hijacking of a U. S. flagged vessel off Somalia has not raised the cost of shipping grain and food to the region, but insurance rates have been rising due to piracy, shipping sources said April 13. “Historically, piracy has not been a problem for the large vessels, but now in this area it
Livestock, Other livestock

Bluetongue Insurance Now Available For 2009

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Bluetongue insurance for 2009 is now available to all Canadian sheep producers. The voluntary program provides affordable insurance coverage for mortality, business interruption and consequential losses due to bluetongue – an insect-borne viral disease of sheep and other livestock. Producers have until June 30, 2009 to apply for the annual coverage, which supplements funding available
Beef cattle, Cereals, News

In Brief… – for Feb. 26, 2009

Grant program branches into trees: The Hometown Manitoba grant program for community improvements now includes a tree-planting component, making up to $5,000 available for municipalities or town organizations to plant trees in public areas. The program also offers grants of up to $5,000 for communities to improve and enhance outdoor public areas and up to
News

Insurance company says farmers need more insurance

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Farmers can expect to be named in lawsuits arising from food poisonings, a lawyer from Hanover told a food safety and traceability forum organized by the Ontario Ministry of Agriculture, Food and Rural Affairs here recently. Bryan Hicks said “we’ve only seen the tip of the iceberg” in class-action lawsuits so far, and also said
Beef cattle, Livestock, Other

Alberta plans cattle price insurance

Alberta’s farm financing agency plans to roll out the first price insurance program in Canada for cattle producers as early as mid-2009. Agriculture Financial Services Corp. (AFSC) said Alberta beef producers will be the first among the province’s livestock sectors to have such insurance. “This type of insurance doesn’t currently exist in Canada and will
Other

Province’s hail claims above average

Manitoba farmers filed over 3,500 insurance claims for hail damage during the 2008 growing season, which according to the Canadian Crop Hail Association is above the province’s five-year average. Manitobans can expect about $16 million in paid-out claims for the $46 million they paid in premiums, making their average payout per claim “much lower” than
Crops, Opinion

Farm earnings up, but so is risk

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The year 2008 has been good for most farmers. Good yields and prices result in profits to invest. While the temptation is great to buy new equipment, land or other assets, now may be the time to build working capital. “Farmers make their worst management decisions during good times,” David Kohl, professor emeritus from Virginia

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