RMP in the budget but caps a concern for grain farmers

GUELPH, ON (March 28, 2012) – Grain Farmers of Ontario is pleased with the inclusion of the Risk Management Program in the budget, indicating the government’s ongoing commitment to the program, but more work will need to be done to ensure a program cap does not affect bankability, predictability and sustainability over the long term.

For the 2012 program year, our organization has been assured that the existing guidelines will remain in place and RMP will not be capped.  The details of the 2013 program year will be part of an ongoing discussion between government and Grain Farmers of Ontario to ensure the program continues to meet the insurance needs of grain farmers.

“The top priority of Grain Farmers of Ontario is to make sure the goals of the program and the needs of our farmer members are kept at the forefront of the discussions as we move forward,” says Henry Van Ankum, Chair.  “We are encouraged that the government is willing to work with us to build the framework of the 2013 program.”

Grain Farmers of Ontario understands the importance of managing spending in challenging fiscal times but our organization is concerned with the message this cap sends to one of the largest sectors in Ontario that is making a positive contribution to the growth of the provincial GDP. 

“Our hard working farmers are making such a significant contribution to the growth of the Ontario economy to overcome our province’s fiscal challenges,” says Van Ankum.  “Our objective in any future RMP discussions is to ensure we continue to have an insurance program in place to fall back on when our farmer members face challenging times.”

Grain Farmers of Ontario looks forward to more detail on the 2013 Risk Management Program and future discussions with Minister McMeekin on program guidelines.

Grain Farmers of Ontario

Grain Farmers of Ontario is the province’s largest commodity organization, representing Ontario’s 28,000 corn, 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.

Contact:

Barry Senft, CEO – 1-800-265-0550; bsenft@gfo.ca

Grain Farmers of Ontario congratulates new minister of agriculture Ted McMeekin

GUELPH, ON (October 20, 2011) – Grain Farmers of Ontario is pleased with the appointment of Ted McMeekin to the position of Minister of Agriculture, Food and Rural Affairs. 

Minister McMeekin has been a long time supporter of farmers in Ontario and an advocate for our Risk Management Program since the pilot program was introduced in 2007.  With his extensive experience as a minister, parliamentary secretary and in his municipality we are confident Minister McMeekin will be a strong leader for our agricultural industry.

“Our organization has many exciting new initiatives in market development and research that will benefit the province of Ontario,” says Don Kenny Chair of Grain Farmers of Ontario.  “We look forward to meeting with Minister McMeekin to discuss the many ways we can work together to ensure the success of the Ontario grain industry.”

Opportunities for market growth for Ontario’s grain farmers to discuss with the new minister will include a provincial bio-diesel mandate to match the federal two percent mandate announced earlier this year, a united strategy for research and market development, a Capital Cost Allowance acceleration for capital purchases and a tax credit for certified seed.

“Ontario’s grain farmers will be pleased with this announcement,” continues Kenny.  “Minister McMeekin is a supporter of his local farmers through a local food campaign and this support will now extend right across the province.” 

Grain Farmers of Ontario

Grain Farmers of Ontario is the province’s largest commodity organization, representing Ontario’s 28,000 corn, 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.

Grain Farmers of Ontario launches online RMP calculator

GUELPH, ON (August 16, 2011) – Grain Farmers of Ontario is once again launching an online Risk Management Program calculator to coincide with the release of the 2011 program applications, mailed the first week of August by Agricorp.

The changes in the 2011 RMP calculator reflect the recent program details announced for the first year of the permanent program namely; premiums are set to zero for the 2011 program year and the coverage level is fixed to 100% for the first year of the program.  Due to the timing of the release of the RMP calculator, before pre-harvest payment information is known, pre- and post-harvest prices are estimated with ranges built into the calculator for farmers to use to adjust prices based on their own price predictions. The calculator will be updated with actual pre- and post- harvest price information when they are available.

“This online calculator is a great resource for farmers interested in running different marketing scenarios using the actual numbers from the Risk Management Program,” says Barry Senft, CEO of Grain Farmers of Ontario.  “With no premium required for 2011 and 100 percent coverage for the provincial portion of the program, we hope for a high participation rate this year.”

Grain Farmers of Ontario is pleased with the details that were finalized regarding the permanent Risk Management Program and announced for Ontario’s 28,000 grain farmers by Minister Carol Mitchell. The program was designed by farmers for farmers to insure their businesses against risk factors out of their control like commodity price volatility, currency fluctuations and unexpected input cost increases.

The RMP calculator is available on the Grain Farmers of Ontario website at www.gfo.ca/rmp

If you have any additional questions about the details of the permanent Risk Management Program there are three ways to get answers:

  • For questions regarding the application process, deadlines or program details contact Agricorp at 1-877-257-1380.
  • For questions about the design of the program, future considerations or any other general questions about the program contact Erin Fletcher at Grain Farmers of Ontario at efletcher@gfo.ca or 519-767-4137.
  • This program is offered through the Ontario Ministry of Agriculture, Food and Rural Affairs.  Information about the program can be found on their website at http://www.omafra.gov.on.ca/english/about/rmp/rmpgrain.htm.

Grain Farmers of Ontario

Grain Farmers of Ontario is the province’s largest commodity organization, representing Ontario’s 28,000 corn, 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.