Support for an alternative program to AgriStability continues to gain momentum. Canadian agricultural ministers are continuing to consider replacing AgriStability with a margin-based income protection program as soon as 2023. Complaints of AgriStability being costly and ineffective, particularly on the Prairies, prompted governments in those jurisdictions to explore other options. Talks to reform AgriStability, thus […] Read more
Tag Archives business risk management
Farm groups put pressure on provinces over AgriStability
Producers turn up the heat as they demand that provincial governments accept Ottawa’s business risk management proposal
Leaders of several Canadian producer groups called on provincial governments to accept Ottawa’s proposal to improve business risk management programs. During an end-of-year virtual meeting, Canadian Federation of Agriculture president Mary Robinson said federal Minister of Agriculture Marie-Claude Bibeau’s proposal to fix AgriStability, a leading irritant of the BRMs, “represents a fundamental shift in the […] Read more
Provinces ponder feds’ BRM counter proposal
No consensus on changes to business risk management programs was reached during the latest round of federal-provincial-territorial agriculture minister meetings. After the meetings ended this afternoon, federal agriculture minister Mari-Claude Bibeau said Ottawa was willing to maintain the current cost sharing of the programs at a 60-40 split between her government and the provinces. Bibeau’s […] Read more
AgriStability talks could dominate meetings
Ag ministers will likely focus on removing reference margin limit, but different cost share arrangement may be needed
Prairie agriculture ministers may be under pressure to pay up as they head into the first of two federal-provincial-territorial virtual meetings this week. The agenda for the annual meetings on Nov. 20 and 27, delayed from July due to COVID-19, hasn’t been released but will include discussion on the perennial problem of AgriStability and how […] Read more
Groups urge AgriStability reform
Business risk management programs available to farmers need to be reworked and improved, according to witnesses providing testimony to the House of Commons agriculture committee. In particular, the AgriStability program requires immediate improvements to protect farm incomes against recurring economic losses caused by rising operating costs, lower net returns and unexpected market disruptions that affect […] Read more
BRM review advisory panel members appointed
The members of the external panel for Canada’s business risk management program review were announced today. The 11 experts are: Mark Brock, Grain Farmers of Ontario director and AgGrowth Coalition member Chris Simpson, Alberta beef producer and MNP accountant Mary Robinson, Prince Edward Island crop farmer and chair of the Canadian Agriculture Human Resource Council […] Read more
Ag ministers must decide on program review at meeting
Several Canadian farm organizations say they expect agriculture ministers will approve a review of business risk management programs at their annual meeting this week in St. John’s. Federal, provincial and territorial ministers are meeting July 20-21. Canada’s AgGrowth Coalition said a comprehensive policy review could be done over the next year, followed by another year […] Read more
Cattle risk management is a numbers game
Controlling losses | With small margins in the feedlot business, operators must closely monitor their operations
Knowing what he knows now, Greg Appleyard would have found someone to help with risk management 10 years ago. The former owner of Cattleland Feedyard at Strathmore, Alta., had to learn the hard way as he spent 20 years plotting a course through the vagaries of the beef and grain markets. “Eight years ago, if […] Read more
