Canada - SCIC announces 2021 crop insurance

01.03.2021 425 views
Saskatchewan farmers can expect higher coverage for 2021 with the new Crop Insurance Program through Saskatchewan Crop Insurance Corporation. SCIC representatives recently announced the program, which has several changes for the upcoming season. “We want to make sure that the programs that we have available for producers are relevant to them. We want to make sure the risk management tools that we have are meaningful and help them operate their farm,” said Jeff Morrow, acting president and CEO of SCIC. One change to the 2021 program includes increased coverage. “As far as the average coverage that producers will see for 2021, the average is $273 per acre and that's up from $224 last year. So, that's a significant increase, about a 22 per cent increase in coverage,” said Morrow. Because of the increased coverage this year, premiums are increasing to $8.59, up from $7.40 in 2020, said Morrow. Other changes include increases to the establishment benefit values for canola, lentils, chickpeas and corn. “The establishment benefit value for canola is now $70 per acre, for large green lentils it’s $50 per acre, red lentils $30 per acre, large Kabuli chickpeas at $65, small Kabuli chickpeas at $45 and corn at $95 per acre,” Morrow told Farms.com. Forage insurance for producers is also receiving an update. “Forage producers will see an increase in the native forage establishment benefit coverage. So that's for forage acres that are seeded and failed to establish. This establishment benefit is increasing from $75 up to $200 per acre. For other forage species, like tame species, it's increasing from $70 to $90 and for sweet clover it's going from $55 per acre up to $65,” said Morrow. Producers can also choose how to insure their tame hay acres in 2021. They can choose between the Forage Rainfall Insurance Program or the Multi-Peril Crop Insurance Program. Now that the program is announced, producers have until March 31 to apply or make changes to insurance contracts and if they have questions, they can contact the SCIC offices. Source - https://www.farms.com
09.09.2025

USA - Taylor County farmer arrested for crop insurance fraud

A man in Taylor County, KY, has been sentenced to 12 months and 1 day in federal prison for crop insurance fraud. Between 2014 and 2021, Hunt sold crops under the names of other people and significantly underreported his true production on crop insurance claim forms, resulting in over $1.6 million in fraudulent insurance overpayments.

09.09.2025

India - The changes aim to ensure that farmers are not denied crop insurance benefits due to the default of state governments

Union Agriculture Minister Shivraj Singh Chouhan has announced crucial modifications to the Pradhan Mantri Fasal Bima Yojana (PMFBY), citing the Centre's experience with the previous Jagan Reddy government in Andhra Pradesh. The changes aim to ensure that farmers are not denied crop insurance benefits due to the default of state governments.

13.08.2025

New area-yield index insurance helps farmers tackle climate risks

Land Bank Insurance Company has expanded its pilot “index insurance” product with the introduction of Area-Yield Index Insurance (AYII), designed to help farmers manage financial losses caused by large-scale climatic and environmental risks.

13.08.2025

Lithuania declares nationwide emergency over summer rainfall damage

Lithuania’s government on Wednesday declared a nationwide emergency after weeks of heavy summer rains caused widespread crop losses, following a proposal from the National Crisis Management Centre and the Agriculture Ministry.  

13.08.2025

Australia develops world-first biodegradable foot and mouth disease vaccine

The world’s first biodegradable vaccine for foot and mouth disease (FMD) has been developed in Australia, a country that remains free from the dreaded livestock

13.08.2025

USA - Researchers make breakthrough discovery that could transform agriculture: 'This research is important'

Scientists at Iowa State University have determined that co-locating solar panels and certain plants may be beneficial for crop production.  

13.08.2025

Fiji - Agriculture ministry tackles food waste

The Ministry of Agriculture is exploring an innovative new approach to reduce food waste by converting post-harvest losses and kitchen scraps into valuable resources like livestock feed and soil enhancers.  

13.08.2025

USA - Continuing drought affecting Vermont farmers, especially livestock farms

As dry conditions continue to spread across Vermont, one industry that is feeling the heat is the farms.