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.
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
U.S. hail insurer looks northward
Farmers Mutual Hail Insurance Co. of Iowa has made its first venture outside the U.S., buying the 80 per cent of Prairie crop hail insurance firm Palliser Insurance it didn’t already own, for an undisclosed amount. FMH CEO Shannon Rutledge said in a release in February that Palliser’s “regional expertise, knowledge and accomplishments…will contribute to […] Read more
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.”
Moving from dry to wet
Improved moisture conditions can mean different strategies
Farmers in Western Canada can breathe easy. Rains across most of the Prairies this spring have gone a long way toward recharging groundwater levels and lowering the risk of drought across the region. “We had an extremely warm winter with lower-than-normal precipitation in most areas,” says Trevor Hadwen, agroclimate specialist for Agriculture and Agri-Food Canada. […] Read more
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 released figures showing Canadian farm cash receipts in 2022 at $94.9 billion, up 14.1 per cent from 2021, including crop receipts of $53.9 billion (also […] Read more
Halsall: Aim for the home run ball
Every year, farmers play a high-stakes game against Mother Nature and all of the other in-season perils, betting their fields will yield a bounty of profitable crops come harvest. It’s risky, of course, which is why crop insurance is such a vital aspect of risk management for many western Canadian producers. But is crop insurance […] 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, wheat experts said. Seeding plans may be scaled back in the U.S. breadbasket despite historically high prices for this time of year, reflecting rising global […] Read more
What’s the relationship between soil organic matter and crop insurance?
Adjusting insurance premiums based on soil quality factors is an idea now being discussed
This is all just in the thinking stage right now, but the day may come when farms that can demonstrate production practices that maintain high levels of soil organic matter may qualify for reduced crop insurance premiums. It is a concept being pondered right now by Alberta’s crop insurance agency, the Agriculture Financial Services Corporation […] Read more
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