• You will need to login or register before you can post a message. If you already have an Agriville account login by clicking the login icon on the top right corner of the page. If you are a new user you will need to Register.

Announcement

Collapse
No announcement yet.

What is fair?

Collapse
X
Collapse
 
  • Filter
  • Time
  • Show
Clear All
new posts

    #11
    Just remember Hopper, even though any compensation from Crop insurance or a adhoc federal/provincial too wet acres payments would reduce any entitlement from Agristability that you are way better off by receiving payments from these departments.

    By understanding the percentages that the Agristability program pays on each tier you would realize that you are only being compensated for approx 60% of your loss.

    Also remember that participating in crop/hail insurance is also helping insure your reference margin for future years as any process are considered eligible sales.

    Everyone can manage their risk differently but make sure you understand that it is not a complete offset if you forgo compensation from another program(s).

    Comment


      #12
      Not neccessarily 99, hail ins. is a tuff sell here as we are in a high coverage area. I don't think it pays especially when your premium gets deducted from your agristability coverage and payments get deducted from your payment. Although added to your coverage. Kinda like a lose lose scenario.

      Comment


        #13
        I know where you are coming from hopper, our hail premiums here are sometimes over 8 as well, howvever as mentioned in previous post you need to understand two things:

        1) The cost sharing of the program tiers. The program only covers at best, an average of 65 percent of your loss. Even though you will have any payments from crop/hail ins included in your agristability payment calculation, you are way better off because relying on agristability would only compensate you at a lesser value.
        2) There is a part in the agristability payment calculation that llooks at the premiums you have paid verses the income received in your reference margin. If you have less of a amrgin because of self insuring you will have your reference margin recalculated and the additional benfits paid to you.

        Comment


          #14
          $50 per acre x 10 000 000 unseeded acres =
          $500 million dollars.

          Comment


            #15
            Yeah, its not that much is it. The feds just found a billion to host a G8/G20 meeting and I am pretty sure there are alot less people involved.

            Throw a billion or two at ag in western canada right now because it would be far cheaper than what will happen if farmers are left hanging.

            For sure their support will go down in the next election. And no political party wants that.

            Now I am hoping for more rain, it makes decisions alot easier.

            It beats getting dizzy on the drill trying to find a place to seed.

            Comment


              #16
              your right bucket! Getting stuck with drill and sprayer. Haveing to re spray what was sprayed before rain to get new growth. Ruts in field to watch for in crop spaying hard on equipment etc. All is going to cost a lot. Dizzy and hard on nerves. More expensive spray to kill weeds when crop got too far advanced.

              $50 for too wet and for seeded!! "Stress payment".

              Comment

              • Reply to this Thread
              • Return to Topic List
              Working...