Excess moisture insurance coverage boosted for coming crop year

Expansion of coverage was announced by federal Agriculture and Agri-Food Minister Marie-Claude Bibeau and Manitoba Agriculture Minister Derek Johnson Oct. 6 in a media release.

“Extreme weather conditions continue to challenge and threaten the viability of many producers,” said Bibeau. “With the increasing cost of inputs, these enhancements will allow for greater coverage in the event of financial losses.”

Basic excess moisture coverage is a standard feature of the AgriInsurance program that provides protection against the inability to seed due to wet conditions. Producers can choose increased coverage options at higher premiums.