Search
Better Farming OntarioBetter PorkBetter Farming Prairies

Better Farming Ontario Featured Articles

Better Farming Ontario magazine is published 11 times per year. After each edition is published, we share featured articles online.


Provincial livestock insurance would be of interest to farmers says OFA president

Friday, November 21, 2014

by SUSAN MANN

If a production insurance program were developed for livestock, there would definitely be a lot of interest from farmers, says Ontario Federation of Agriculture president Mark Wales.

The Ontario government introduced the agriculture insurance bill at Queen’s Park Wednesday afternoon that, if passed, would allow more types of agricultural products to be covered by production insurance. Currently crop insurance is available for about 90 commercially grown crops, including grains, oilseeds and certain fruits and vegetables.

But designing a livestock production insurance program is “a lot more complicated” for animals than crops because some animals are kept indoors while others are outside, Wales says. “What is it that you’re actually insuring? Are you insuring weight gain? Are you insuring mortality rates?”

Production insurance is about insuring a crop for a number of perils, such as weather, disease or drought, he notes.

For livestock production insurance, Wales says there would be interest from pork producers for mortality insurance, particularly with situations such as porcine epidemic diarrhea virus. There have been 64 confirmed cases of the virus in Ontario since it first showed up on a Middlesex County farm in January.

Other farmers, such as beekeepers might be interested in insurance for bees. There already is production insurance for honey, but not for the bees themselves. Wales says he could see a strong demand for insurance for bees because of “the high mortality rates we had by some beekeepers in 2012 and 2013 and then the overwintering losses last year.”

The model of premium costs being shared by farmers, the province and the federal government would be used for any new programs, he says. If the bill passes, commodity groups would go to the ministry and Agricorp, which delivers production insurance in Ontario, and request a program. “A lot of times it will take a year or so to develop a program.” BF

 

Current Issue

January 2025

Better Farming Magazine

Farms.com Breaking News

Re-defining waste in Canada

Friday, January 17, 2025

Agriculture and Agri-Food Canada (AAFC) has provided an update on some of its ongoing research in biomass and bioproducts. Biomass is a renewable organic material that comes from plants and animals, including crops grown for non-food uses, leaves and stalks, fruit skins, and... Read this article online

Canada's 2024 crop harvest insights

Friday, January 17, 2025

The 2024 Canadian crop harvest showed mixed results says Statistics Canada, with some crops performing exceptionally well, while others faced challenges. It is the time of year when farmers have a chance to reflect on last year's harvest and prepare for the upcoming season. Wheat... Read this article online

The tax impact on farmers of proroguing Parliament

Friday, January 17, 2025

The Ontario Federation of Agriculture (OFA) is advising farmers to be cautious when preparing their taxes this year. With Prime Minister Trudeau stepping down and proroguing Parliament until March 24,Ontario farmers are learning the suspension ofparliament impacts various proposed... Read this article online

BF logo

It's farming. And it's better.

 

a Farms.com Company

Subscriptions

Subscriber inquiries, change of address, or USA and international orders, please email: subscriptions@betterfarming.com or call 888-248-4893 x 281.


Article Ideas & Media Releases

Have a story idea or media release? If you want coverage of an ag issue, trend, or company news, please email us.

Follow us on Social Media

 

Sign up to a Farms.com Newsletter

 

DisclaimerPrivacy Policy2025 ©AgMedia Inc. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Back To Top