April 4, 2025
The Risk Management Program (RMP) for livestock can help Ontario farmers cover losses caused by fluctuating market prices and input costs. It's designed to work like insurance and help farmers manage risks beyond their control.
2025 rates are now available for cattle, hog, sheep, and veal farmers to help them consider their coverage options.
More time and flexibility to apply
The government of Ontario has extended the deadline to apply or make coverage changes.
For 2025, farmers have until May 1 to submit an RMP for livestock application on agricorp.com. Existing customers have until May 1 to make coverage changes, such as changing their coverage levels. Renewal packages are in the mail.
About RMP payments
An RMP fund holds sector-specific annual Ontario government allocations and producer premiums.
Farmers receive payments if market prices for sold livestock fall below their support level, which is based on the industry average cost of producing livestock and the chosen coverage level. Yearly funds not used for payments are accrued for future program years.
By participating in RMP for livestock and other programs Agricorp delivers, farmers can get comprehensive coverage that meets their needs, when they need it most.
