Farms.com Home   News

MASC To Delay Deducting Premiums Owing On Forage Claims

Manitoba Agricultural Services Corporation (MASC) will not be deducting premiums owing from any forage claim indemnities paid to clients from now until September 30th.

Normally, premiums would be deducted prior to claim payments being made.

Other changes include:

- making advance payments on forage claims, with plans to finalize forage claims as quickly as possible, and
- allowing livestock grazing on low yield forage fields or after a first cut of forage without counting that grazed production against their forage claim.

Producers may also explore options to put their crops to alternate use.

Currently, oats, barley, triticale, fall rye, and all wheat types can be put to alternate use and used for greenfeed, silage, or grazing, however producers must contact MASC before doing so.

MASC is applying a quality adjustment factor to appraisals on crops that are being put to alternate use under the AgriInsurance program.

Adjustors will use normal appraisal procedures, however appraisals will be reduced by 40 per cent to account for the expected lower quality of grain based on a five-year average.

Click here to see more...

Trending Video

A Reopening of the Strait of Hormuz is Bearish Long Team Diesel/Fertilizer!

Video: A Reopening of the Strait of Hormuz is Bearish Long Team Diesel/Fertilizer!


The Iran/U.S. peace deal and the reopening of the Strait of Hormuz is bearish farm diesel prices and fertilizer.
A peak in crude oil = a peak in soy oil futures + a peak in canola futures short-term.
The SpaceX IPO increased Elon Musk’s net worth by $300 billion in 1 day more than what Warren Buffet made in his entire lifetime! WOW!
The NEW Fed chairman Kevin Warsch was too hawkish and hates providing guidance and visibility on interest rates. U.S. $ Index breaks above $100.
Cattle on Feed BULLISH!
S&P Global shock- the U.S. could lose 30 million corn acres by 2050. They say we need E15 mandated now!
China has started buying U.S. soybeans, but we need more volume.