Crop Insurance and AgriStability work together to protect you from production and income losses. Together, the programs offer comprehensive coverage whether it is responding to weather-related damages, increased expenses or reduced income. When you are enrolled in both programs, they work to your advantage. Consider Crop Insurance and AgriStability as part of a sound plan for your farm.
Saskatchewan Crop Insurance Corporation is working for you to ensure you are getting the most out of your business risk management. That is why for 2013, enhancements have been made to our programs.
Yield Trending
Yield trending increases the coverage offered to producers to reflect improved yields resulting from agronomic advancements. This year, trending will be applied to three new crops: hard red spring wheat, hard white spring wheat and oats. Irrigated acres of these crops, as well as fall rye and winter wheat will also see improved coverage.
Soybean Coverage
SCIC has been insuring soybeans since 2010. With new varieties, soybean acres are increasing. For 2013, SCIC is adding a second insurable zone as well as expanding the primary insurable zone. This expansion means more producers are eligible to insure their soybean crops.
Corn Heat Unit Program
The Corn Heat Unit Program is a weather-based program that provides coverage for a lack of corn heat units over a growing season. This year, four weather stations will be added to the program. These stations are located near Swift Current, Estevan, Yorkton and Virden, Manitoba. In 2012, 55 per cent of corn acres were insurable. With these changes, insurable corn acres increase to 95 per cent.
Establishment Benefit
For 2013, the Establishment Benefit for canola and identity-preserved canola will increase from $50 to $60 per acre and to $40 per acre for field peas, up from $35 per acre.
