Risk Management Program
Cattle

Overview

​​​​​​

Ontario's Risk Management Program (RMP) helps producers manage risks beyond their control, like fluctuating costs and market prices. RMP for livestock w​​as designed in consultation with representatives of the cattle, hog, sheep and veal industry in Ontario. RMP for livestock works like insurance to help Ontario producers offset losses caused by fluctuating commodity prices and production costs. Participants pay premiums based on their insured production and their chosen coverage level.​​​​

New in 2019

New coverage level

The provincial government announced a new 95 per cent coverage level starting in 2019. The new coverage level is a cost-effective alternative to the existing 100 per cent coverage level.

Customers need to select their 2019 coverage

Because of the new coverage level option, coverage is not automatically renewed this year. Customers will need to evaluate their options and contact Agricorp to select a coverage level that is best for their farms.

More time to make farm business decisions

For 2019, participation timelines have been adjusted to provide additional time for customers to make the best decisions for their farm businesses.

Adjusted timelines are available on the agricorp.com deadlines page.

​Funding partners

RMP is provincially funded only, meaning the Ontario government funds its traditional 40 per cent share. Producers pay part of the premium cost and none of the administration cost. Administrative costs are fully funded by the provincial government. The 40 per cent funding is reflected in the payment calculation and premium rates.​​

​​ ​​​

​​

DeadlinesAugust 2019
SuMoTuWeThFrSa
123
45678910
11121314151617
18192021222324
25262728293031

Ontario - Agricorp