Today, the Governments of Canada and Saskatchewan announced a record-breaking level of payments under the Saskatchewan Crop Insurance Corporation (SCIC) Forage Rainfall Insurance Program.
Total 2023 Program indemnities paid are $60.4 million, across SCIC’s 17 forage risk zones. While conditions vary across the province with scattered distribution of moisture, the 2023 growing season realized generally drier than average conditions in several areas of the province. Payments are most heavily concentrated in the southwest and west central regions of the province.
Forage Rainfall Insurance Program payments were issued to participating producers on Friday, August 18, 2023. Crop Insurance customers do not have to register weather-based program claims with SCIC, as indemnities are calculated automatically, based on information from the weather stations. Claim payments are based strictly on the precipitation data gathered at the customer selected weather stations and the insurance selections of each individual producer. Given the dry conditions, customers are reminded that Fire insurance remains in place for insured Forage Rainfall Insurance Program acres until March 31, 2024.
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