GUELPH, ON (September 21, 2015) – As the federal election candidates turn their attention to agriculture policy, Grain Farmers of Ontario looks forward to commitments on business risk management programs for farmers.
Ontario grain and oilseed farmers require access to risk management programs that are timely, predictable, bankable, and straightforward, including a permanent suite of fully-funded federal Business Risk Management (BRM) programs.
“Grain farming is a high risk business and farmers face many challenges every year like volatile prices and weather patterns,” says Mark Brock, Chair of Grain Farmers of Ontario. “We also have to compete in a global marketplace that is influenced by government supports in other countries, requiring us to be innovative in order to remain competitive.”
BRM is a key to innovation and competition in a global environment, allowing grain farmers to adopt innovative practices in order to remain competitive while providing stability so that farmers have the confidence to invest in their operations.
“Right now, we have AgriStability as one of the federal-provincial Growing Forward 2 suite of BRM programs – but it’s not working for Ontario’s grain farmers,” says Brock.
Grain Farmers of Ontario is seeking a commitment from the federal leaders to review the AgriStability program for grain and oilseed producers with a view to replacing it with a more predictable and transparent program that works to provide income stabilization for grain and oilseed farmers.
Grain Farmers of Ontario
Grain Farmers of Ontario is the province’s largest commodity organization, representing Ontario’s 28,000 barley, corn, oat, soybean and wheat farmers. The crops they grow cover 6 million acres of farm land across the province, generate over $2.5 billion in farm gate receipts, result in over $9 billion in economic output and are responsible for over 40,000 jobs in the province.