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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.
New to 2021: Crop insurance program enhancements unveiled thestarphoenix.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestarphoenix.com Daily Mail and Mail on Sunday newspapers.
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CHICAGO/WINNIPEG, Manitoba (Reuters) - Beer made from rice grown with less water, rye planted in the off-season and the sale of carbon credits to tech firms are just a few of the changes North American farmers are making as the food industry strives to go green.
FILE PHOTO: An agronomist examines cotton plants in Batesville, Mississippi, U.S. in 2018. Indigo Agriculture/Handout via REUTERS.
The changes are enabling some farmers to earn extra money from industry giants like Cargill, Nutrien and Anheuser-Busch. Consumers are pressuring food producers to support farms that use less water and fertilizer, reduce greenhouse gas emissions and use more natural techniques to maintain soil quality.
North American farmers profit as consumers pressure food business to go green reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.