Insurance Archives - Page 6 of 15 - Manitoba Co-operator

Livestock producers need not fear price insurance

The program co-ordinator says misconceptions could be preventing people from applying

By Meghan Mast November 12, 2014

The co-ordinator of the new Western Livestock Price Insurance Program says some producers are having trouble understanding the ins and outs of the program. Jason Dobbin, livestock price insurance co-ordinator from the Manitoba Agricultural Services Corporation, attempted to clear up some of the confusion in a StockTalk webinar Oct. 21. The bottom line is, producers

Crops, Local news

With no AgriRecovery yet in sight, farmers face a tough winter ahead

KAP is still pushing for AgriRecovery to offset what was for many farmers a terrible growing season

By Allan Dawson November 12, 2014

It was a tough year for many Manitoba farmers and it could be an even tougher winter, according to farmers speaking at Keystone Agricultural Producers’ (KAP) fall General Council meeting Oct. 30. “There will be farmers who will not make land payments and machinery payments due to the fact they have not got their crop,

Crops, Opinion

Five years lost as farmers wait for better default protection on grain sales

Leaving feed mills exempt from coverage under existing licensing and bonding leaves farmers vulnerable to losses

By Doug Chorney September 23, 2014

In 2009, western Canadian farm groups submitted a report to the Honourable Gerry Ritz, minister of Agriculture and Agri-Food Canada, outlining options for a program that would provide security to producers when grain buyers defaulted on payments. The main options were fund-based, insurance-based or bond-based programs. It was not that there wasn’t already a form

Crops, News

EMI payments close to $63 million on 985,000 acres too wet to seed

The deadline for selecting fields for Excess Moisture Insurance coverage in 2015 is this Nov. 30

By Allan Dawson August 29, 2014

Manitoba farmers were paid almost $63 million under Excess Moisture Insurance (EMI) on 985,000 acres reported as too wet to seed this spring. “It’s a little less than what we were estimating before we had all the data keyed in and got the actual calculations done,” Craig Thomson, Manitoba Agricultural Services Corporation’s (MASC) vice-president of

Chief commissioner Elwin Hermanson says the CGC and Atradius Credit Insurance couldn’t develop an insurance-based protection plan. The CGC will consider options, but in the meantime the current plan remains in place. photo: allan dawson

Cereals, News

Grain commission bonding replacement plan stalls

Insurance industry rules make it difficult to protect farmer payments for delivered grain

By Allan Dawson August 8, 2014

After a year of negotiations to develop an insurance-based producer payment protection plan, the Canadian Grain Commission has called it quits, surprising and disappointing some farm groups. The CGC has been attempting to replace the current bonding system to protect farmers against payment defaults for grain delivered to merchandisers. It had been negotiating with Atradius

Souris River flooding north of Melita, Man.

Crops, Local news

KAP still pushing AgriRecovery

The Manitoba and Saskatchewan governments say they’re still assessing the damage

By Allan Dawson August 1, 2014

Keystone Agricultural Producers (KAP) continues to build a case for an AgriRecovery program to assist Manitoba farmers who couldn’t seed or lost crops due to flooding or excessive moisture this season. “We’re continuing to engage as many members as we can to get information and provide supporting rationale for a program,” KAP president Doug Chorney

Opinion

Difficult questions

July 11, 2014

The short-term questions arising from what is shaping up to be another billion-dollar-plus flood for the province are clear, although they may not be easily answered. How do you care for livestock that has no pasture and for which there is vastly reduced prospects for winter feed? Or how to get people back into their

Crops

CGC’s new farmer payment protection program delayed

The new insurance scheme will provide 45 days of protection after farmers deliver their grain

By Allan Dawson April 7, 2014

It’s taking longer than expected to roll out the Canadian Grain Commission’s (CGC) new insurance program to protect farmers against payment defaults by grain companies. But farmers need not worry because the current security program will continue until the new one is ready to go, Jim Smolik, the CGC’s assistant chief commissioner told Winter Cereals

Beef cattle, Livestock, News

Manitoba joins the livestock price insurance club

New livestock price insurance program will run as a pilot program for four years,  then be assessed for effectiveness

By Shannon VanRaes February 26, 2014

In a move that surprised no one, the provincial government formally announced Manitoba will take part in the newly created Western Livestock Price Insurance Program last week. The province’s intention to create a livestock insurance program for hog and beef producers was outlined in last November’s speech from the throne, and representatives from Manitoba Agriculture,

Opinion

New U.S. Farm Bill fails to tackle big issues

It’s not a near miracle, not amazing and not very reforming

By Alan Guebert February 18, 2014

House Ag Committee chairman Frank Lucas, a fast talker by birth and trade, spared few superlatives when describing, in a telephone press conference Jan. 28, the finally finished, modestly named Agricultural Act of 2014. “Historic in many ways,” Lucas said of the pending law as he shared the call with his Senate counterpart, Debbie Stabenow,

Daily Network News

U.S. livestock: Cattle futures gain, hogs fall back

U.S. grains: Chicago grains and oilseeds rise on recent dollar weakness, biofuel optimism

Western Canadian resentment not exceptional — or highest in country — pollster says

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