AFSC Spring 2023 Crop Insurance Prices

[TOM4CWB]

We are very blessed to have this insurance in Alberta.

Cheers

[goalieguy847]

We are very blessed to have this insurance in Alberta.

Cheers

Hahahha the feed barley value is already more than 20% higher than local bids near edmomton for fall 2023. Those values are fine and dandy but now that we have lost the spring price endorsement it doesnt much help if you arent in a shortfall..
May as well seed some feed barley at 0.02 bushels per acre and act " amazed" at why it only yielded 5 bpa.

Those numbers are moot to me without spring price endorsement. Has anyone purchased any SPE via third party here in alberta? Afsc website says there are " options" out there..

[Freightshaker]

May as well seed some feed barley at 0.02 bushels per acre and act " amazed" at why it only yielded 5 bpa.

In SK you’d get a $35/ac establishment benefit and your yield claim would be denied. Not sure how AB works.

[TOM4CWB]

Commodity Options are obviously viable risk management opportunities…. Lower cost than SPE significantly better opportunities to assure revenue.

When combined with cash sales opportunities… staged as the growing season commences… good option for those willing to spend financial resources on risk management.

Buying puts, while financing a chunk of the premiums with options sales to offset…cost… can be opportunities to reduce option insurance premiums.

Cheers

[blackpowder]

Only if you have the correct mindset and discipline. Of which I lack.

[woodland]

Meh……… prices in the future are irrelevant when the ground is currently too dry to grow anything right now. Putting in mostly cereals this year and if poo hits the fan the chopper will turn it into cow chow.

Expectations are very “tempered” after the last few interesting years of weather here😉

[ColevilleH2S]

Flax priced less per bushel than Canola (similar to Manitoba's crop insurance pricing). The plunge in acres ought to be epic.

[makar]

Meh……… prices in the future are irrelevant when the ground is currently too dry to grow anything right now. Putting in mostly cereals this year and if poo hits the fan the chopper will turn it into cow chow.

Expectations are very “tempered” after the last few interesting years of weather here😉

No such thing as ground to dry to seed, to wet is another matter.

[poorboy]

No such thing as ground to dry to seed, to wet is another matter.

You are so incorrect with that statement. You get it real dry and you will understand, it can be as bad as too wet for the seeds. Fertilizer kills seeds when dry and some soils lump up in 10” diameter clods.

Usually not as hard on equipment, operators and mental health as too wet though.

[makar]

You are so incorrect with that statement. You get it real dry and you will understand, it can be as bad as too wet for the seeds. Fertilizer kills seeds when dry and some soils lump up in 10” diameter clods.

Usually not as hard on equipment, operators and mental health as too wet though.

No I am not, been there often. No fertilizer burn if it never sees the field.

[Oliver88]

Yes you are blessed with a better crop insurance program !

All scic is premiums for nothing !

Can hardly wait to hear more stories about how scic screwed Farmers over on claims the last few drought years !

When does SCIC release their version?

[wmoebis]

When does SCIC release their version?

10 AM today Feb 27th.

[TOM4CWB]

[TOM4CWB]