For Immediate Release
Crop Insurance headed in the right direction
SARM is optimistic about the announcement of the 2007 Saskatchewan Crop Insurance Program, but is cautiously awaiting the details.
Saskatchewan Agriculture Minister Mark Wartman announced highlights of the program yesterday, which included Variable Price Option, refined unseeded acreage program, and overall increased coverage.
“There are some encouraging points in yesterday’s announcement,” said SARM President David Marit. “On average, premiums have gone down and coverage levels have gone up; however, these levels will vary throughout an area and for individual producers, and we have to be aware that many may not see these improvements.”SARM is eager to see the details of the program unfold. The success of the new program options for Variable Price Option, I.P Canola, and the gopher component of the establishment coverage will depend on details such as premium levels and coverage rates.
While SARM recognizes the positive steps the program has taken, it is disappointed spot loss hail coverage was not reinstated.
“Our members have made it clear that they want spot loss hail reinstated,” Marit continued. “It is an affordable, valuable program and would have been a welcome option.”
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