Canada - Deadline for Accessing Crop Insurance Enhancements

31.03.2016 372 views
Each year enhancements are made to the Crop Insurance Program, ensuring it remains effective and relevant for Saskatchewan farmers and ranchers.  The 2016 enhancements include:
  • The highest coverage in program history, averaging $216 per acre.
  • Increased Establishment Benefit values for soybeans, lentils, barley and Khorasan wheat.
  • Adding an Establishment Benefit of $30 per acre for camelina.
  • Expanding the insurable area for fababeans to cover the entire province.
  • Providing individual coverage for those who grow Khorasan wheat.
SCIC has also improved the forage insurance program. The cap on the variable and in-season price option for forage has been removed. If the market price for hay rises over the course of the year, producers selecting these two pricing options will see the full price increase reflected in their forage claim. Forage coverage has also increased more than 30 per cent and the Establishment Benefit is up to $70 per acre. Producers who prefer to do their business online are encouraged to use CropConnect where they can review their coverage selections and use the online tools to see what coverage best fits the needs of the operation. Source - saskcropinsurance.com
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