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Crop Hail Claims Down In 2017, Manitoba Hardest Hit

 
The Canadian Crop Hail Association (CCHA) has released its final hail report for the year.
 
2017 recorded one of the lightest hail claim years since 2009 with just over 8,600 claims in western Canada producing insurance payouts of $96 million.
 
Producer premiums totaled just over $286 million for an industry loss ratio of 33.8%.
 
A lack of moisture across much of the western Prairies meant little in the way of convective storm activity resulting in hail losses.  
 
Source : Steinbachonline

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Farm Succession Planning: Agricultural Estates Navigate Fair and Equal

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Succession and estate planning may sound similar—but they’re not the same. And here’s the kicker: only 20–30% of farms actually have a succession plan in place. Why? Because talking about death, taxes, and who gets what isn’t exactly dinner-table conversation. Mike Downey, Succession Planning Manager at Uncommon Farms, returns to break down the realities of passing the farm to the next generation whether the heirs are on or off-farm. We start the conversation so you can avoid common pitfalls, navigate sensitive family dynamics, and take the first steps toward a smoother transition for your operation.