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Record-setting crop insurance program enhancements are expected this year, according to the provincial and federal governments.
Through a partnership between the two levels of government, coverage will reach a record level of $273 per acre due to higher commodity prices and increased yield coverage, up from $224 in 2020 a 22 per cent increase in coverage, the province announced on Tuesday.
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The changes “will continue to build on previous program announcements,” Saskatchewan deputy premier and finance minister Donna Harpauer said during a virtual media conference.
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