The Government of Canada is committed to working with agricultural industry partners to explore and develop new risk management tools that meet the needs of Canadian farmers when faced with serious challenges beyond their control.
Member of Parliament for Winnipeg South, Terry Duguid, on behalf of Agriculture and Agri-Food Minister, Lawrence MacAulay, was at the University of Manitoba’s Asper School of Business today to announce federal support for a study exploring the use of new and innovative technology to track hay and pasture production. The cutting-edge research, headed by Dr. Lysa Porth in the Warren Centre for Actuarial Studies and Research at the University of Manitoba’s I.H. Asper School of Business, will play an important role in contributing to the stability to the cattle sector.
Working with the Saskatchewan Cattlemen’s Association (SCA), with $988,000 in federal funding, the project consists of collaborative research with Alberta Beef Producers (ABP) to use new satellite-based technology to reliably estimate forage growth at the farm level in each province, and to develop a forage production index, which would form the basis for the development of new insurance tools.
Source : Agriculture and Agri-Food Canada