New professorship in agricultural risk management

Staff / Lysa Porth has been selected to head the new Guy Carpenter Professorship in Agriculture Risk Management and Insurance at the University of Manitoba’s Asper School of Business. The professorship was made possible through a gift of $750,000 from Guy Carpenter & Company, a global leader in risk management and reinsurance intermediary services. The



Rural tourism association seeks members

Agri-tourism is growing in Manitoba and a new organization hopes it can grow with it. At just over a dozen members, the Manitoba Rural Tourism Association sees an opportunity to tap into the hundreds of farm hosts now taking part in events like Open Farm Day and the annual Direct Farm Marketing conference, said the

Farmers warned of the perils of not having workers’ compensation coverage

Every non-family employee working on a farm must have WCB coverage — even those working 
for a custom operator or some other employer

The prospect of an employee suffering a serious injury or being killed on your farm is awful enough. But farm employers without Workers Compensation Board coverage would also face the prospect of a lawsuit in such a situation. That was the sobering message delivered to a recent farm safety meeting put on by Keystone Agricultural


Crop insurance expands areas for heat-loving crops

This is something farmers have been asking for, especially 
with the release of earlier-maturing varieties

Crop insurance on soybeans, corn, open-pollinated corn, edible beans, sunflowers and lentils is being expanded — on a test basis — across Manitoba this year. Until now, those crops were only insurable in areas deemed to be warm enough, and with enough frost-free days. However, farmers from outside those areas have been asking for coverage,

Other Manitoba crop insurance changes for 2013 and 2014

Expanding crop insurance coverage is just one of the changes for crop insurance in 2013 and 2014. Here are some others. Dollar selections per acre have increased to the following: All crops (excluding potatoes, vegetables and strawberries) $120, $160 and $200. For potatoes, the levels are $250, $500 and $750 and for vegetables and strawberries,


U.S senators propose interim support

washington / reuters Congress would revive disaster-relief programs for farmers and ranchers hurt by drought and other natural catastrophes under a stop-gap bill introduced on Jan. 25 by two key Senate committee leaders. Producers could get up to $100,000 each for losses in 2012 and this year. In particular, ranchers would benefit because they do

Grain commission considering expanding security program to feed mills

The Canadian Grain Commission (CGC) is considering whether it can expand its proposed new insurance-based payment security program to non-licensed buyers such as feed mills. “We at the commission have had some discussions about it and we’re looking at it,” CGC commissioner Murdoch MacKay told reporters after speaking at the Keystone Agricultural Producers’ (KAP) annual


U.S. drought prompts record crop insurance payout

washington / reuters Crop insurers have paid a record $11.6 billion to U.S. growers in compensation for losses due largely to widespread drought in 2012. Some analysts expect indemnities to reach $20 billion this year, nearly double the old record set in 2011. That would mean steep losses as insurers collected just over $11 billion

Plan for the worst, hope for the best, advises ag lawyer

When fires, cattle or herbicides jump fences, the property owner is usually “strictly liable” for whatever escapes his or her property

In the opinion of the courts, cattle belong on pasture, not on the road. So how does a rancher protect himself from legal liability issues when moving a herd from one part of his property to another via public roads? The key is having a program to minimize exposure to legal liability in case a