Grain and oilseed growers and cattle, hog, sheep and veal producers in Ontario now get until June 30 this year to secure coverage under that province’s Risk Management Program (RMP).
The province on May 29 announced the deadlines for grain and oilseed producers to submit their completed RMP applications and make any coverage changes — previously set at May 10 — has now been moved to June 30.
For livestock producers, the deadline to submit applications or request coverage changes, previously extended to April 15 for the 2023 program year, has now also been reset to June 30.
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Agricorp, the province’s farm program delivery agency, said May 29 the latest deadline move is meant to “give farmers more time to evaluate their coverage decisions” and more flexibility in making those decisions.
That said, to be eligible for RMP: Grains and Oilseeds, grower customers will still also need to have Production Insurance coverage — the application deadline for which remained May 10.
Ontario’s RMP, set up as a permanent program in 2011, is intended to help farmers manage risks beyond their control, such as fluctuating costs and market prices.
The program is intended as a complement to Production Insurance, which insures against production losses, and AgriStability, a whole-farm ag income stabilization program. — Glacier FarmMedia Network
