Wednesday, May 15, 2019

Farmers to shoulder greater risk

Farmers will have to shoulder five per cent more risk under the revised rules for AgriCorp-administered risk management programs for cattle, hogs, veal, sheep, grains and oilseeds.

Coverage used to be offered up to 100 per cent which I thought was ridiculous, putting taxpayers at greater risk than farmers.

And this year farmers will have to contact AgriCorp to renew their coverage; no longer will they be able to simply wait for previous-year coverage levels to be rolled over.