April 16, 2025
The Risk Management Program (RMP) helps Ontario farmers manage risks beyond their control, like fluctuating costs and market prices.
In
RMP: Grains and Oilseeds, payments are made if a crop's market price falls below the annual support level. The support level is based on the industry average cost of producing a crop (target price), which is calculated annually by the Ministry of Agriculture, Food and Agribusiness.
2025 premium rates are now available and renewal packages are in the mail. Premiums are based on insured production and chosen coverage levels. Farmers can choose from 80%, 90%, 95%, and 100% coverage levels.
The last day to make coverage changes or complete an
application for RMP: Grains and Oilseeds by May 10, 2025.
To be eligible for RMP: Grains and Oilseeds, customers also need to have
Production Insurance coverage. The last day to secure Production Insurance coverage is also May 10.
By taking part in RMP and
other programs Agricorp delivers, farmers can get the coverage they need when they need it most.
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