Small Farm Acreage Loss Insurance (Pilot)
The Small Farm Acreage Loss Insurance program allows producers who grow crops under the Vegetable Acreage Loss minimum threshold of a half-acre to combine crops into a basket for small farm coverage.
Offered by Manitoba Agricultural Services Corporation
Amount
Coverage value based on cost of production (basket valued at the weighted average coverage value of the crops); premium cost shared 40 per cent by the producer, 36 per cent by the Government of Canada and 24 per cent by the Province of Manitoba; early loss indemnity of 25 per cent of coverage, acreage loss indemnity of (destroyed acres – deductible) x program coverage with a 10 per cent deductible
Quick eligibility check
Who can apply
Participating producers must select all crops under Vegetable Acreage Loss for coverage.
Small Farm Acreage Loss Insurance pilot must be selected on the Vegetable Acreage Loss application by March 31.
Combined crops selected for this program must exceed a half-acre minimum acreage.
All crops insurable under Vegetable Acreage Loss (Broccoli, Cabbage, Cauliflower, Carrots, Parsnips, Rutabagas, Sweet Corn, Cooking Onions, Other Onions, Leeks, Peppers, Pumpkins, and Winter Squash) are eligible for this program, with the addition of:
- Beets
- Garlic
- Lettuce
- Potatoes
Vegetables must be adequately irrigated.
About the funding
- The coverage value for each eligible crop under Vegetable Acreage Loss Insurance and Small Farm Acreage Loss Insurance is based on cost of production.
- The basketed coverage value for this pilot program is based on the weighted average coverage value of the crops in the basket.
- Crops seeded during the extended coverage direct seeding period will have coverage reduced by 20 per cent.
- The grade guarantee is ‘Marketable Production.’
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- Coverage ceases when the crop is harvested or when normal harvesting should have occurred.
The premium cost is shared 40 per cent by the producer, 36 per cent by the Government of Canada, and 24 per cent by the Province of Manitoba.
There is no discount or surcharge applied to premiums for this program.
- An early loss indemnity of 25 per cent of coverage applies for destroyed crops until the end of the extended coverage direct seeding deadline for reduced coverage.
- Early indemnity losses are calculated as: destroyed acres x program coverage x 25%.
- The affected acreage must be in contiguous blocks of one half-acre or more if the acreage of the small farm eligible crop is at or greater than five (5) acres. If the small farm eligible crop is less than five (5) acres, the affected acreage must be a minimum of one-tenth of an acre.
Acreage Loss Indemnity:
- Acreage loss indemnities are calculated as: (destroyed acres – deductible) x program coverage.
- Destroyed acres must be a minimum of one-tenth of an acre. The deductible for this program is 10 per cent of the total insured acreage of the affected small farm eligible vegetable crops.
- A 15 per cent salvage threshold applies to Small Farm Acreage Loss Insurance.
Similar programs
| Program | Type | Amount | Status |
|---|---|---|---|
| AgriInsurance for Organic Crops | Insurance | Organic crop insurance coverage based on individual yield history (50 per cent of the conventional average yield for each year of missing data), with the premium cost shared 40 per cent by the producer, 36 per cent by the Government of Canada and 24 per cent by the Province of Manitoba | Open |
| Basic Hay Insurance | Insurance | Coverage of 80 per cent of the Probable Yield, valued at the High Dollar Value ($114 per tonne) or Low Dollar Value ($68 per tonne) option | Open |
| Contract Price Option | Insurance | No fixed amount | Open |
| Corn Insurance | Insurance | Coverage of 50, 70, or 80 per cent of probable yield, or Crop Coverage Plus (CCP) up to 90 per cent coverage (excluding silage) | Open |
