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  • AFSC Reminds Producers of February 28 Deadline To Insure Hay and Pasture

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    The February 28 deadline approaches for Alberta farmers to insure their pasture and hay land this year. Dry conditions in early spring and late summer triggered more than $4. Million in hay and pasture insurance claims in some areas across the province. The highest payout years were during the droughts of 2009 when $56 million was paid in claims, and 2002 when $89 million was paid out.

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    AFSC Reminds Producers of February 28 Deadline to Insure Hay and Pasture

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    The February 28 deadline approaches for Alberta farmers to insure their pasture and hay land this year. Dry conditions in early spring and late summer triggered more than $4. Million in hay and pasture insurance claims in some areas across the province. The highest payout years were during the droughts of 2009 when $56 million was paid in claims, and 2002 when $89 million was paid out.

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    20 views2 pages

    AFSC Reminds Producers of February 28 Deadline To Insure Hay and Pasture

    Uploaded by

    lavigne550
    The February 28 deadline approaches for Alberta farmers to insure their pasture and hay land this year. Dry conditions in early spring and late summer triggered more than $4. Million in hay and pasture insurance claims in some areas across the province. The highest payout years were during the droughts of 2009 when $56 million was paid in claims, and 2002 when $89 million was paid out.

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    AFSCRemindsProducersofFebruary28DeadlinetoInsureHayand PastureinAlberta
    AstheFebruary28deadlineapproachesforAlberta farmerstoinsuretheirpastureandhaylandthisyear, aboveaveragetonormalsnowcoveracrossmuchof theprovincehasmanylivestockproducersfeeling hopefulaboutthepotentialgrowththeyllgetontheir hayandpastureoncethesnowmeltsthisspring. Wehadadryfallinmanypartsoftheprovincewith verylimitedmoistureinSeptemberandOctober,but theproducersItalktoarefeelingencouraged bytheamountofsnowwevegottensofarthiswinter, saysBarryYaremcio,aprovincialbeefandforage specialistwiththeAlbertaAgInfoCentre. DrySoilConditionsBeneaththeSnow WhilethedeepsnowhasbeenchallengingforsomeproducersincentralandnorthernAlbertapreventing cattlefromswathgrazingorwintergrazingearlierintheseasonthanusualitshouldhelpoffsetdrysoil conditionsthatliebeneaththesnowinmanyregionsdependingonhowitmelts,saysYaremcio. Ifwegetaslowmeltandthegroundtakesupmostofthemoisture,itshouldhelpkickstartgrowthonour hayandpasturesthisspring.Butifwegetaquickmelt,mostofthatmoisturewilllikelyrunoffandcollectin thesloughsandcreekswithminimalbenefittothedrysoil,heexplains. $4.4MillionPaidonHayandPastureInsuranceClaims Lastyear,dryconditionsinearlyspringandlatesummertriggeredmorethan$4.4millioninhayandpasture insuranceclaimsinsomeareasacrosstheprovince,saysJohnKresowaty,withAgricultureFinancialServices Corporation(AFSC).AFSCistheCrowncorporationthatprovidescropinsurancetoAlbertafarmersonbehalf oftheprovincialandfederalgovernments. WhentherainfinallycameinlateMayandJune,weendedupwithstronggrowthonhayandpasturein mostregions,saysKresowaty.Lastyearstotalpayoutisamongthelowestinmorethanadecadedueto favourableprecipitationandgoodgrowingconditionsinJuneandJuly.Thehighestpayoutyearsforhayand pastureinsurancewereduringthedroughtsof2009when$56millionwaspaidinclaims,and2002when$89 millionwaspaidout. Perennialhayandpasturecropsdependonplentyofmoistureearlyinthespringforhealthygrowth,says GrantLastiwka,aprovinciallivestockforagebusinessspecialistwithAlbertaAgricultureandRural Development(ARD).Asageneralrule,70to90percentoftheyieldpotentialofpastureandrangelandis determinedbyearlyJuneacrosssouthernAlberta,andbyearlyJulyacrosstherestoftheprovince,he explains.Sowhilesnowmeltcanhelp,gettingadequatespringmoistureandrainfallduringApril,May,and Juneultimatelydetermineswhetherproducerswillgetgoodproductionontheirhayandpastureeachyear, saysLastiwka.

    JohnKresowatywithAFSCremindsAlbertaproducersof theFebruary28deadlinetoinsurehayandpasture.

    Ofcourse,nobodycanpredictwhatwillhappenthisspring,saysARDprovincialsoilmoisturespecialist,Ralph Wright.Itcouldbewetorthesnowcouldmeltquicklyandthingscouldturnhotanddry.Ifitsacoldspring, thesnowcouldlinger,delayinghayandpasturegrowth.Therearestilltwomonthsofwinterleft.Anythings possible.Itsreallyawaitandseegamebecauseweatherissorandom,saysWright. UnpredictableweatheristhebiggestreasonAlbertaproducersinsureabout7.5millionacresofhayand pastureacrosstheprovinceeveryyearthroughAFSCPerennialInsuranceprograms,saysKresowaty. 12NewWeatherStationsAdded NewtoPerennialInsurancethisyearistheadditionof12newweatherstationstotheprovincialnetwork AFSCusestodeterminepayoutsonPerennialInsuranceprogramsforhayandpasture.Wenowhave238 weatherstationsacrossAlbertathatmeasureprecipitationandotherweatherdata,saysKresowaty. FarmerswhotakeMoistureDeficiencyInsuranceontheirpastureorincludeitasarideronhayinsurance selectuptothreeweatherstations,heexplains.Ifaccumulatedmoistureatthesestationsfallsbelownormal overthegrowingseason,aclaimistriggered.Kresowatysayshayinsurancealsoinsuresagainstyieldlosses causedbyperilssuchashail,flood,insects,disease,lightning,winterkill,andwildlifedamage. Mostproducerswhoinsurehayandpasturestayintheprogrameveryyear,saysKresowaty.Thepremium discountstheyearnlikelyinfluencethatdecision,hesays,notingaContinuousParticipationDiscount,an ExperienceDiscountforlowclaimsonhayinsurance,andanEarlyPaymentDiscountcanadduptoa reductionof60percentormoreonhayinsurancepremiums. FormoreinformationaboutPerennialInsurance,farmerscancontacttheirlocalAFSCBranchortheAFSCCall Centreat1877899AFSC(2372)beforetheFebruary28deadline.

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