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Tag Archives crop insurance

Policy institute calls for open review of ag spending
It’s been 13 years since agricultural spending was reviewed, and some programs may no longer meet producer needs
A full-scale review of Canadian agricultural spending should be a top priority in this time of global uncertainty, said a new report from the Canadian Agri-Food Policy Institute.

Drought leaves Canadian farmers unpaid
Failure of unlicensed companies, complaint deadline, insufficient security seen as holes in farm support
Hundreds of Canadian farmers have received delayed payments for their crops or not been paid at all, as a growing number of grain-buying firms declare bankruptcy amid drought and low commodity prices, according to interviews with dozens of farmers, a government agency, and a review of bankruptcy documents.

Cereals withstood storms better: CCHA
Approximately 1,000 crop damage claims made from storms between June 23 and July 1
“Numerous early season storms have resulted in a number of claims for the industry,” CCHA Chairman Scott McQueen of Palliser Insurance said in a statement. “Cereals have generally fared better as many were hit in the grassy stages of development and minimal damage to the plant was caused with environmental conditions being favourable so that crops that were hit by hail are able to recover.”

Pulse weekly: Farmers watching fields, chasing deadlines
The second half of May has been one of the rainiest periods seen in Manitoba in a number of years. On May 24 and 25, upwards to 70 millimetres of precipitation were reported in most areas, causing seeding to become delayed in multiple locations.

Crop, livestock prices offset reduced marketings in 2022
StatCan data on farm cash receipts tracks recovery off 2021 drought
New full-year data on Canada’s farm cash receipts in calendar 2022 show how increased commodity prices last year more than offset the drop in quantities sold. Statistics Canada on Tuesday […] Read more

Should soil organic matter be a factor in insurance premiums?
Research has found higher organic matter reduces drought impact
Glacier FarmMedia – Farmers may one day see lower crop insurance premiums if they have high levels of organic matter in their soil. A study by the Agriculture Financial Services […] Read more

U.S. winter wheat growers seed into dust as Plains drought persists
Chicago | Reuters — With seeding roughly halfway complete, the 2023 U.S. hard red winter wheat crop is already being hobbled by drought in the heart of the southern Plains, […] Read more

Saskatchewan budget aims to spur ag investment
Potash, crude oil resource revenues help cut deficit
Sweetening existing tax credits on big-ticket investments, and setting up a new Crown corporation to support Indigenous investors, are among the items expected to help encourage new value-added ag projects […] Read more

Saskatchewan pushes crop insurance deadline to mid-April
'Logistical challenges' led to extension
Saskatchewan farmers will get an extra couple of weeks to apply for, cancel, reinstate or change their crop insurance contracts for 2022, due to holdups in the delivery of their […] Read more

Saskatchewan forage rainfall insurance to adjust for hot spells
SCIC also expanding crop roster for contract price option
Saskatchewan forage and corn growers whose crops are insured against below-normal rainfall can expect a beneficial bump starting this year if those crops get cooked in high heat. The Saskatchewan […] Read more