The planting deadline for crops to qualify for production insurance is fast approaching for many Ontario farmers. As sporadic wet weather continues, making a claim through Agricorp’s underseeded acreage benefit (USAB) offers a strategic alternative. Agricorp says USAB helps offset financial burdens, such as fixed costs and land maintenance, in situations where farmers are unable […] Read more
Tag Archives crop insurance — page 5
Is it time for Ontario farmers to claim the unseeded benefit?
Find out the deadlines and necessary qualifications based on your crop
USDA facing fund cuts
Trump proposes cuts as farmers grapple with their worst crisis in decades due in part to the tariff wars
Washington | Reuters – United States President Donald Trump’s 2020 budget has proposed a 15 per cent cut for the U.S. Department of Agriculture, calling its subsidies to farmers “overly generous” at a time when farmers are going through the worst crisis in decades due to depressed commodity prices and trade tariffs. The president’s budget […] Read more
Trump budget proposes steep subsidy cuts to U.S. farmers
Washington | Reuters — U.S. President Donald Trump’s 2020 budget on Monday proposed a 15 per cent cut for the U.S. Department of Agriculture, calling its subsidies to farmers “overly generous” at a time when they are going through the worst crisis in decades because of depressed commodity prices and Trump’s trade tariffs. The Republican […] Read more
Saskatchewan offers up corn rainfall insurance plan
Saskatchewan’s crop insurance offerings for 2019 will include a new program allowing corn growers to insure against a substantial drop in moisture. The provincial and federal government on Feb. 26 rolled out Saskatchewan’s 2019 crop insurance program, in which coverage levels on average are to reach a record $230 per acre, up from $216 last […] Read more
Pulse weekly outlook: Fewer U.S. acres likely due to surplus
CNS Canada — Large crops followed by poor export demand have led to burdensome supplies and cut into pulse prices in the U.S., which should cut into acreage ideas for peas, lentils and chickpeas in 2019, an industry official says. “With the trade issues we’re facing right now, we have quite a surplus,” said Shannon […] Read more
Agricorp announces corn salvage program
The program will help farmers pay to harvest and market DON-infected corn
Agricorp, the provincial crop insurance agency, will now cover corn infected by over five parts per million of deoxynivalenol (DON) with a benefit to help farmers cover harvest and marketing costs for damaged corn. The interim measure for 2018 will pay producers that are insured, $0.79 per eligible bushel to cover extraordinary costs being managed […] Read more
Soybean replants up
Variable weather across the province created perfect conditions for root rots and voracious insects
Ontario farmers are facing significant soybean replanting this year, a product of variable rainfall and a surprising amount of root rot issues. Why it matters: Reseeding parts of fields can result in stands that mature unevenly, leading to harvest challenges. “There’s significantly more replanting or patching or thickening up across the province,” said Horst Bohner, […] Read more
U.S. House clears farm bill, with major food stamps changes
Washington | Reuters — The U.S. House of Representatives on Thursday approved a massive Republican farm bill with changes to the government food stamps program that make it unlikely to become law in this form. The Senate is considering its own farm bill with no major changes to the Supplemental Nutrition Assistance Program (SNAP) used […] Read more
Saskatchewan pulls sales tax off farm insurance
Saskatchewan’s provincial government has reinstated a provincial sales tax (PST) exemption for agriculture, health and life insurance premiums. Premier Scott Moe on Monday announced the exemption will take effect retroactive to Aug. 1 last year, when the PST was first applied to insurance. The province said the exemption will include PST on premiums paid for […] Read more
Farmers Edge to use data to edge into insurance sector
Farmers Edge has signed a four-year agreement with global reinsurance company PartnerRe to bring precision farming technology together with ag insurance. Under the agreement announced this week, the two companies plan to work together to develop new insurance products for the agricultural market. While Canadian farmers have access to government-run, subsidized crop insurance programs, as […] Read more
Cyber-Savvy Farmer
