The planting season is coming to an end, and most crops across Ontario got planted. Now producers need the weather to cooperate for their crops to grow.
Rainfall has varied throughout Ontario, with dry weather in some parts of the province and lots of rain in others. Producers who are covered by Production Insurance should call Agricorp if they have questions about their coverage.
Production Insurance is designed for situations like this
Production Insurance compensates producers for production losses caused by insured perils.
- An unseeded acreage benefit helps cover costs when rainfall prevents planting in a reasonable timeframe.
- A reseeding benefit helps producers cover the costs of getting a new crop in ground if they need to replant.
- At the end of the growing season, if yield falls below a producer's guaranteed production level, a claim may be paid on the difference.
Source: AgriCrop