MCIC Annual Report 2004/05 - Manitoba Agricultural Services ...

2004-05 Progress on Business Goals
STRATEGIC DIRECTION:
Enhance service to our clients through new and
improved programs, which more effectively
stabilize risk; and to provide superior delivery
of programs and services.
RESULTS:
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Researched and developed enhancements to
existing programs, including:
• offering a separate insurance program for
Canada Western Hard White Wheat, with
250,000 acres insured;
• expanding the pasture insurance program to
the entire province, with over 1,400 insured
producers and $5.9 million of coverage;
• providing more individualized coverage for
dry edible bean types, affecting over 1,000
producers;
• eliminating the producer administration fee,
which helped offset an increase in the
producers’ share of premium costs; and
• removing the restrictions on the varieties of
soybeans that can be insured.
In 2004-05, MCIC paid 800 ($4 million) reseeding
claims, 3,000 ($25 million) Excess Moisture
Insurance claims, 2,500 ($62 million) pre-harvest
claims and 7,300 ($107 million) post harvest
claims. The high claim load was adjusted and
paid within acceptable performance standards.
Administered four separate BSE-related ad
hoc programs that provided over $33.6 million in
compensation to Manitoba producers.
Developed a number of new products for the
2005 crop year, including:
• adding a vegetable acreage loss program that
will cover seven types of vegetables;
• expanding the insurable area for silage corn;
• adding a quality guarantee to soybeans,
greenfeed and silage corn;
• expanding the pedigreed seed program to
cover all types of wheat;
• adding organic insurance coverage for wheat,
oats and flax;
• introducing a basket of crops (whole farm)
option that will provide coverage of up to 90%;
and
• adding sorghum and sudan grass to greenfeed
insurance.
STRATEGIC DIRECTION:
Ensure that the governing legislation and
policies provide producers with effective risk
management alternatives.
RESULTS:
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MCIC’s General Manager represented Manitoba
on the federal-provincial Business Risk
Management Policy Working Group. MCIC’s
Director of Research represented Manitoba on
the federal-provincial Production Insurance
Working Group. Through the Agricultural Policy
Framework (APF) Agreement, and the related
guidelines developed by the federal-provincial
working groups, the scope of programming
provided through Production Insurance has
been expanded.
MCIC staff assisted in developing amendments
to the Federal Regulation, which were approved
in April 2005. The amendments provide greater
program flexibility.
MCIC staff were involved in the development of
the linkages between the Canadian Agricultural
Income Stabilization (CAIS) program and
Production Insurance. The purpose of the
linkages is to keep CAIS and Production
Insurance in balance, thereby encouraging
producers to participate in both programs.
MANITOBA CROP INSURANCE CORPORATION
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