In March 2012, the provincial budget announced that the Risk Management Program (RMP) will continue and that $100 million in annual government funding will be available for the program.
The program is available for the cattle, edible horticulture, grain and oilseed, hog, sheep and veal sectors.
The program will run essentially as it did in 2012, with payments being triggered when the average market price falls below the support level.
Producer premiums will be collected by Agricorp but will be placed in a separate fund that will be managed by the participating commodity groups. This fund will provide additional support to farmers when they need it most.
Renewals and applications will be available in the spring. Agricorp will keep producers updated as more information becomes available. Producers can find more information on commodity group websites:
Ontario Cattlemen’s Association
Grain Farmers of Ontario
Ontario Fruit and Vegetable Growers' Association
Ontario Sheep Marketing Agency (OntarioSheep)
Ontario Veal Association