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Tag Archives business risk management

Liberia-flagged bulker K Sukret, carrying grain under the Black Sea Grain Initiative, waits for inspection in the southern anchorage of Istanbul on May 17, 2023. (Photo: Reuters/Mehmet Emin Caliskan)
Crops, Markets, Reuters

Insurers seen reviewing Black Sea ship cover after Russia quits deal

Last ship covered under deal left Sunday

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London | Reuters — Insurers are reviewing whether to freeze cover for any ships willing to sail to Ukraine after Russia on Monday quit a UN-backed deal that allows the export of grain through a wartime Black Sea safe corridor, industry sources said. The agreement, brokered by Turkey last July, aimed to alleviate a global […] Read more
(Sollio Co-operative Group video screengrab via YouTube)
Hogs, Livestock, Markets, Poultry/Eggs

Pork packer Olymel laying off dozens of managers

Market unpredictability, 'growth challenges' cited

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Major Canadian pork and poultry packer Olymel has laid off 57 people from its management ranks and eliminated another 120 administrative positions, citing the company’s current “market context and growth challenges.” Olymel, the meat packing arm of Quebec-based Sollio Cooperative Group, said Tuesday its affected employees were notified Monday and have received their layoff notices. […] Read more
Once hazards have been identified, the onus is on the farmer to make changes that reduce or eliminate risks to workers.
Features, News

Tips to reduce your farm risk

Tools include equipment breakdown and business interruption insurance and safety hazard assessments

By
There’s no shortage of risks when you grow crops for a living. As a farmer, you’re accustomed to coping with weather extremes, weed resistance, disease outbreaks, insect infestations and other threats to your hard-earned yields. But are you doing enough to manage other risks, like safety hazards on your farm or essential equipment breakdowns? Farm […] Read more
Federal Agriculture Minister Marie-Claude Bibeau (second from left) and Nate Horner (right), her Alberta counterpart, during a tour of Olds College’s Smart Farm on Thursday. (Photo: Olds College/Sergei Belski, www.oldscollege.ca)
Livestock, Weather

Alberta looks for feed, Ottawa promises cash for B.C.

Alberta to help with veterinary testing after B.C.'s lab flooded, Alberta ag minister says

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Even though supplies are low because of drought, Alberta is looking for feed to send to B.C. livestock producers, while Ottawa will provide emergency financial assistance to farmers dealing with flooding and closed roads in the hard-hit province. “We’ve been working with the B.C. department of agriculture,” Alberta Agriculture Minister Nate Horner said during a […] Read more
Marie-Claude Bibeau, Dave Epp, Yves Perron and Alistair MacGregor laid out their parties’ positions in an agriculture leaders’ debate on Sept. 9, 2021. (Video screengrab from Canadian Federation of Agriculture via YouTube)
General

Federal support for farmers focus of ag leaders’ debate

AgriStability, carbon levy exemptions, supply management among topics

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An agricultural debate ahead of the federal election gave representatives from political parties an opportunity to pitch their ideas to producers, resulting in debate over how best to support farmers. Thursday evening’s debate, hosted by the Canadian Federation of Agriculture, had plenty of discussion about climate change and how best to support producers in a […] Read more
File photo of the flags of Canada and its provinces and territories at Canada Place in Vancouver. (lilly3/iStock/Getty Images)
General, Machinery, Markets, Weather

Feds launch consultations on next ag policy framework

Programming types, cost-sharing among expected contentious points

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Consultations for Canada’s next agricultural policy framework are officially underway. The five-year framework agreement currently in place, known as the Canadian Agricultural Partnership (CAP), is a $3 billion funding deal between federal, provincial and territorial governments that funds a wide range of programming within the sector. That deal, agreed upon in mid-2017, kicked off in […] Read more
Federal Agriculture Minister Marie-Claude Bibeau speaks to media in Winnipeg on Feb. 13, 2020. (Dave Bedard photo)
General

Yes or no now on AgriStability changes, ag minister says

Farm and commodity groups line up to press provinces for decision

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Ottawa’s proposals for changes to the AgriStability farm income stabilization program require a yes or no answer from participating provinces, not more discussion, the federal ag minister said Wednesday. “It has been just over 110 days since we made the offer to the provinces to improve AgriStability,” Agriculture Minister Marie-Claude Bibeau and Winnipeg MP Jim […] Read more
(Bob_bosewell/iStock/Getty Images)
General, Markets, Weather

Budget could include new BRM program, ag labour plan

Proposal for 'AgriResilience' program goes to Freeland

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A new pre-budget report from the House of Commons’ finance committee is recommending several measures directly related to agriculture — including sought-after tweaks to AgriStability and creation of an entirely new business risk management program. The multipartisan committee heard testimony and received submissions from more than 800 groups and individuals. Mostly-virtual meetings took place in […] Read more
(Glacier FarmMedia Network photo)
General

Provinces’ feet held to fire on AgriStability

Ministers' meeting co-chairs push for progress to allow changes to be made retroactive for 2020

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The co-chairs of Canada’s agriculture ministers’ meeting are pushing to get proposed improvements to AgriStability in place sooner than later. Federal Agriculture Minister Marie-Claude Bibeau and her Ontario counterpart, Ernie Hardeman, “urge all provincial and territorial ministers to support the proposed changes to the AgriStability program,” they said in a joint statement Tuesday. At a […] Read more
Manitoba Agriculture Minister Blaine Pedersen speaks at Ag Days in Brandon on Jan. 21, 2020. (Manitoba Co-operator file photo by Alexis Stockford)
General, Markets, Weather

AgriStability proposal could have hidden cost, Pedersen warns

Manitoba's ag minister warns Bibeau's plan may hurt crop insurance, AgriInvest funding

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Ottawa’s proposal for an improved AgriStability program could give farmers short-term gain for long-term pain, Manitoba’s agriculture minister Blaine Pedersen warns. At the online federal-provincial-territorial agriculture ministers’ meeting on Friday, federal Agriculture Minister Marie Claude Bibeau proposed dropping AgriStability’s maximum reference margin, and increasing the compensation rate from 70 to 80 per cent retroactively this […] Read more

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