Originally posted by Taiga
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media and the BTOs and a rant
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I agree a Crop Insurance top up the way to go. I don’t care in Monette gets 100 million, but I think it should be measured as if you are already insured from 80%. So regardless of your actual coverage or if you use Gars or Just Solutions the government should assume you have the income from an 80% coverage claim. If you make the management decision to insure at a lower rate, or just use Just Solutions, or no insurance at all that is fine and maybe a good decision for your farm and risk profile but you can’t say “80% coverage is too high I’m going to insure at 60†and then ask for a bailout because you didn’t buy enough insurance. The government should do an individual average payout to say 90-100% of your yield, but with the assumption that everyone is insured to 80%. So you have regular crop insurance that you purchased at say 60% and 100% of your canola is 40 BPA. And let’s say you grow exactly a 24 bushel crop so you collect nothing from Crop Insurance. The government adds an extreme drought rider that assumes you purchased 80% coverage and covers you from 32 to 40 bpa. So you would receive 8bpa payment at whatever their number is.
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This should be the easiest way to proceed I agree grahamp
Then look after the livestock producers with a feed assistance program. Have that include grain screenings and chaff pallets.
Producers on both side could benefit somewhat at least then
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Originally posted by Sodbuster View PostA top up in crop insurance would be the reasonable way to go, the first thing they should do is top up the crop prices they low balled us on some of the crop prices this year knowing that fall prices were much higher than theirs.
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Originally posted by Grahamp View PostI agree a Crop Insurance top up the way to go. I don’t care in Monette gets 100 million, but I think it should be measured as if you are already insured from 80%. So regardless of your actual coverage or if you use Gars or Just Solutions the government should assume you have the income from an 80% coverage claim. If you make the management decision to insure at a lower rate, or just use Just Solutions, or no insurance at all that is fine and maybe a good decision for your farm and risk profile but you can’t say “80% coverage is too high I’m going to insure at 60†and then ask for a bailout because you didn’t buy enough insurance. The government should do an individual average payout to say 90-100% of your yield, but with the assumption that everyone is insured to 80%. So you have regular crop insurance that you purchased at say 60% and 100% of your canola is 40 BPA. And let’s say you grow exactly a 24 bushel crop so you collect nothing from Crop Insurance. The government adds an extreme drought rider that assumes you purchased 80% coverage and covers you from 32 to 40 bpa. So you would receive 8bpa payment at whatever their number is.
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Originally posted by GDR View PostI would like to see crops get wrote off now even if they might still yield say 25% or so to make feed. If they wait another month there wont be much feed value left.
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Originally posted by Hamloc View PostThe most difficult part on livestock is that we are not talking about a single year crop failure, we are talking about years of genetic selection. Not sure how you replace that. The issue is timing and how it is possible to get feed to the producers fast enough to prevent liquidation. Governments moved quickly for Covid not sure they will to help livestock producers. Baling or silaging drought ravaged crops is necessary but must work for everyone.
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