The U.S. Farm Bill is a huge, overarching piece of legislation that encompasses crop insurance, disaster programming, and so much more. Similar to Canada, hammering out the full details of each bill is a drawn-out process, complicated by partisan politics, competing priorities, and finding common ground. To dig in to several parts of the bill… Read More
Category: Crop Insurance
Every year, Olds College of Agriculture and Technology announces a Partner of The Year award. This year, Agriculture Financial Services Corporation (AFSC) is the recipient. The award was presented at AgSmart held at Olds, Alta., earlier this week. The award recognizes the successful joint initiatives undertaken by AFSC and Olds College. Notable projects include initiatives… Read More
Crop insurance holders in Saskatchewan will see a change in how premiums are calculated starting this year. Agriculture and Agri-Food Minister Marie-Claude Bibeau and Saskatchewan Agriculture Minister David Marit announced on Monday that farmers who purchase crop insurance from Saskatchewan Crop Insurance Corporation (SCIC) will see an individual premium calculated for each crop they insure…. Read More
Details on programs to be funded under the new five-year Sustainable Canadian Agricultural Partnership (SCAP) will be announced within the next few weeks — at least in Manitoba, according to the provincial agriculture minister. The current five-year Canadian Agricultural Partnership (CAP), which covers most of the agricultural programs that are funded by the federal and… Read More
Canada’s federal, provincial, and territorial (FPT) ministers of agriculture are meeting this week to discuss several issues, but the key agenda item is an agreement in principle on the next Ag Policy Framework, set to roll out in March of 2023. John Barlow, Foothills MP and Conservative shadow minister for agriculture, was on hand at Ag… Read More
As the calendar quickly flips through the summer months, eyes are beginning to focus on the Agricultural Policy Framework — or APF — meetings set for July. Each province has their ask, and their focus on what should be top priorities at the meetings. Nate Horner, Minister of Alberta Agriculture, Forestry, and Rural Economic Development,… Read More
Several organizations that represent grain farmers from across Canada are raising concerns about the federal government’s push to add environmental incentives or criteria to business risk management (BRM) programs, such as crop insurance, AgriStability, or AgriInvest. As part of the negotiations for Canada’s next five-year agricultural policy framework, federal Agriculture Minister Marie-Claude Bibeau is urging… Read More
This editorial was first published on Breaking the Box blog by Kristjan Hebert. I call myself a recovering accountant. I joke about it, but I do love numbers. Numbers don’t lie. As much as I have a soft spot for a family farm and building a legacy for my children, it always comes down to… Read More
Hosts Shaun Haney and Kelvin Heppner are back for another edition of RealAg Politics, where they discuss the latest in agricultural policy issues. This week we’re doing things a bit differently — instead of one segment, we’re having three, with three different topics and four guests! This week’s guests are : Tom Steve of the… Read More
AgriStability, the whole farm, business risk management program has been in place for Canadian farmers for 16 years. In that time, it’s been maligned and criticized, and it continues to be subject to an ongoing tug-of-war between federal and provincial politicians. But with a new ag policy framework to be unveiled for 2023, changes to the… Read More
Farmers Edge has announced the creation of DigiAg Risk Management Inc., a subsidiary of Farmers Edge. This new unit will provide farmers across Canada with parametric insurance products, risk transfer solutions, and group benefits, the company says. DigiAg is the sole managing general agency (MGA) with access to proprietary, field-centric datasets coming directly from broadacre… Read More
Editor’s note: This story and headline were updated after the provincial government published its letter responding to APAS. The Agricultural Producers Association of Saskatchewan (APAS) and the provincial government are disagreeing publicly over the province linking drought-induced crop insurance payments with its deficit for 2021. The Saskatchewan government reported a projected record $2.7 billion deficit in… Read More
The Canadian Crop Hail Association says despite reduced overall storm activity, more damaging storms resulted in a near-record level of hail insurance payments to farmers in Western Canada in 2021. With harvest wrapped up across the Prairies, the CCHA says payments totalled more than $322 million — the highest level since 2008. Premiums paid by… Read More
The current drought is testing the current ag policy framework system, with multiple provinces recently requesting AgriRecovery. A timely report on how ag policy is developed between federal, provincial, and territorial governments in the past, present, and future, may shed light on the problems with the current system, in time for the next framework to… Read More
Drought is having a substantial effect on grain farming and ranching on the Prairies, and recently Saskatchewan Crop Insurance Corporation (SCIC) made changes to how disaster-affected crops can be diverted to help ranchers with their grazing needs. “The dry conditions are certainly having an impact, and I’d say it’s primarily on the west side of… Read More