Farms.com Home   News

KAP Statement On Province's Forage Insurance Review

The following statement is attributable to Bill Campbell, president, Keystone Agricultural Producers (KAP):
 
“We commend Manitoba Agriculture and Resource Development and Manitoba Agricultural Service Corporation (MASC) for undertaking a review of Manitoba Forage Insurance and for releasing the full contents of the review publicly. The contents of this review will help government better understand risk management behaviour and insurance purchasing decisions of Manitoba forage producers.
 
Manitoba forage producers continue to face challenges including inadequate coverage levels, payment timing not reflective of the cash flow requirements, limited options relating to crop quality, and others. Participation in the forage insurance program continues to decline.
 
The recommendations outlined in the review are a huge step forward to addressing these challenges. We are looking forward to working with MASC and providing input on:
 
- examining new ways to assign coverages to producers
- reducing red tape so that more producers can participate
- adopting an approach that relies on weather or satellite-based technology
- enhance future programming to include options that reflect modern dairy operations’ forage crop choices.
- creating forage insurance payments timeline that are effective for operational cash flow management
 
We also look forward to provincial government developing a livestock forage insurance team to help improve the effectiveness of forage insurance program and support the growth of Manitoba’s livestock sector.”
Click here to see more...

Trending Video

Hedge Fund Buying in Soybeans Continues + U.S. Supreme Court Strikes down Trump’s Tariffs!

Video: Hedge Fund Buying in Soybeans Continues + U.S. Supreme Court Strikes down Trump’s Tariffs!


Better technicals, hedge fund buying on hope of more Chinese and soy oil demand optimism from new U.S. biofuel policies in 2026 is a BIG WIN! Could the U.S. supreme courts ruling that struck down Trump's tariffs derail the Chinese buying of U.S. soybeans? USDA Ag Outlook Forum projections this week were friendly corn, neutral soybeans and bearish wheat BUT……. Wildfires in the U.S. Plains another warning sign of a possible drought in 2026 + March First Day Notice blues and more.