MASC production insurance helps Manitoba farmers face new challenges
Lori Michaleski notes that Manitoba Agriculture Services Corporation offers production insurance options to cover losses from natural perils and rising insured values as market prices push higher coverage per acre. Premiums fall about four percent but total costs rise with higher insured values and shared government contributions. A drought insurance pilot program is discussed as part of the weather derivative efforts.
MENTIONED IN THIS ARTICLE
Manitoba
Manitoba Agriculture Services Corporation
MASC
Canada
Manitoba crop plan credit pilot continues for young producers
The province extends the Young Farmer Crop Plan Credit pilot offering Manitoba producers under 40 who enroll in Production Insurance a 200 per year premium credit for up to three years if they submit annual cropping plans approved by a MAFRI Farm Production Advisor. Basic BMI stays free. hail coverage rises to 100 125 or 150 per acre with online MASC service. Deadline to change or apply is March 31 2008.
MENTIONED IN THIS ARTICLE
Manitoba
MASC
Lori Michaleski
Dauphine
Trevor Britton
Grandview
New CWB program offers premiums for Churchill wheat
The Canadian Wheat Board will pay premiums and storage payments to farmers in the Churchill catchment for on farm stored wheat shipped through the northern Manitoba port. As of March 18, participants in the Churchill Corridor Guaranteed Delivery Contract receive 2.50 per tonne premium plus 1 per tonne monthly storage on CWRS Nos 1 2 and 3 until shipment. The Churchill Corridor GDC promises higher payments than the prior Freight Advantage Rebate and may extend to other grains.
MENTIONED IN THIS ARTICLE
Canadian Wheat Board
Churchill
Manitoba
CWB
Greg Arason
Churchill Corridor
Also Mentioned on This Page
By Lori Michaleski
Mafri Report
Environment Canada
Souris
Swan River
Dauphin
Carman
Fisher
Young Farmer Crop Plan Credit
The
Charlotte’s Web
Vagabond JR
Dramatic Publishing Company
Woodstock, Illinois
Dachies Family Restaurant
Gach
Jood Bank
the Chemical Company
CDC
Viterra
Clearfield
BASF
Saskatchewan Wheat Pool Inc
Basf Canada Inc
Agriinsurance
Agr.gc.ca
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