Farms.com Home   News

MASC Expects Lower Claims This Year

Farmers have until November 30th to fill out their Harvested Production Reports for annual crops.
 
David Koroscil is Manager of Claims Services with Manitoba Agricultural Services Corporation (MASC).
 
"Early indications are it was a pretty good year overall," he said. "I won't say bumper crop by any means, but well above coverage for most producers. It looks like our claim load will be less than it has been in the last three or four years. Still some issues though. Canola, soybeans seeing some pockets where the yields were reduced and again I think it just related to whether or not those specific areas missed out on some timely rains at key points in the growing season."
 
Koroscil notes hail claims were also down this year.
Click here to see more...

Trending Video

2026 USDA Acreage Fireworks Next Week? + RVO’s Old new

Video: 2026 USDA Acreage Fireworks Next Week? + RVO’s Old news


Next week’s USDA reports (acreage/stocks) could be a surprise/market moving. RVO’s (new blending biofuel requirements) were as expected with no big surprises and already baked into futures. E15 summer waiver just simply good optics. Markets are skeptical that the war in Iran ends soon with no diplomatic off ramp. The Trump/Xi meeting in China now May 14 – 15. March 1 USDA hogs and Pigs report was friendly/bullish + CFTC and more.