This program for managing market risk was first introduced in 1991, when international subsidies depressed grain and oilseed prices. With an enrollment of 22,000 Ontario farmers, the program currently covers more than 85 percent of the eligible acreage in the province. If the average price for the current crop year is less than the support price, enrolled growers receive two-thirds of the difference. Since crop producers do not pay premiums for this coverage, one-third of their payment is deducted in lieu of premiums. The crop insurance and market revenue support programs are separate.
Growers can enroll in either program or in both.
These services have included the third-party grading, inspection and acreage measurement of tomatoes, cucumbers, carrots, cauliflower and red beets. Call Action Center opened to allow customers more convenient access to our programs and resources. January 1999 Launch of Optional Unit Coverage Pilot program which provides much needed risk management tool for diversified farm operations. Underwrite over 18,000 Ontario growers for agricultural insurance and 22,000 for market revenue support annually, covering 3.5 million acres in Ontario.