Winter Wheat Insurance
No fixed amount
Insurance
Description:
Winter Wheat Insurance provides compensation to producers who experience a significant production shortfall or need to reseed due to winterkill or other designated perils. Coverage for winter wheat is slightly different than other cereal crops: Winter wheat and fall rye crops destroyed prior to June 20 are not eligible for a Stage 1 indemnity (50% coverage), but are eligible for a 25% reseed benefit for losses prior to June 20. Losses occurring after June 20 and prior to harvest are deemed Stage 2 losses, and are eligible for 100% coverage.
Comments on Funding:
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.
Rolling deadline
Eligibility:
Applicants must be winter wheat growers
Application Steps:
Applicants must contact Service Centres
https://www.masc.mb.ca/masc.nsf/contact.html
Documentation Needed:
No specific documentation has been identified.
Other Things to Note:
Winter wheat can be insured at 50, 70, or 80 per cent coverage.
Winter wheat planted from August 15 to September 25 will have full coverage.
Winter wheat planted from September 26 to September 30 will have coverage reduced by 20 per cent.
About the author
Maurice
