Farms.com Home   News

Southeast Farmers Face Difficult Decisions With Insurance Deadlines Looming

The president of Keystone Agricultural Producers (KAP) is keeping an eye on the water situation in southeast Manitoba.
 
Bill Campbell talked about some of the challenges being faced by livestock producers.
 
"There is excess moisture on the fields. There may be required supplement feeding and with the challenges that the province has had with regards to forage production last year, it's not the time of year when you wish to be feeding cattle. Accessing feed, taking away from 2020's reserves, it really has a lot of implications with that type of moisture that has fallen."
 
Campbell says farmers in the southeast are facing tough decisions with the crop insurance deadlines looming.
 
David Koroscil, Manager of Claim Services with Manitoba Agricultural Services Corporation (MASC), was asked about insurance claims so far.
 
"Not a lot of claims so far, a bit of activity just to have the discussion," he said. "When we have a significant rainfall like we did last weekend, it takes a little bit of time to determine and assess what the damage is and as you can appreciate what we saw last week, some roads were impassable so there's certain fields people couldn't even get to."
 
Koroscil notes it could take several weeks before the full impact of the damage is known.
Click here to see more...

Trending Video

Funds are Long the Grain & Oilseed Complex for the 1st Time Since Feb of 2025! BULLISH PRICES!

Video: Funds are Long the Grain & Oilseed Complex for the 1st Time Since Feb of 2025! BULLISH PRICES!


The funds (managed money) crowd/spec are now net long the grain complex! The AI King Nvidia reported 4th quarter earnings that surpassed Wallstreet estimates but the stock falls? Trump retaliates against U.S. supreme court decision to impose an additional 15% global tariff. FDN (First Day Notice) and month end fund selling in March futures were absent in 2026. Crude oil futures adding more geo-politics, weather turns more active for March, plus South America weather and the latest CFTC report.