Pre-harvest market prices are now available on agricorp.com for the 2013 Risk Management Program (RMP) plan for grains and oilseeds. In this payment period, cheques will be mailed for the following crops and coverage levels:
- Canola – 90%, 100% coverage levels
- Corn – all coverage levels
- Soybeans – 100% coverage level
- Spring grain – all coverage levels
- Spring wheat – 100% coverage level
Last year’s provincial budget included the continuation of RMP, with $100 million in available funding each year. To ensure that all producers have equal access to the funding, an interim payment rate was used to calculate initial payments. The rate is based on market prices and support levels, and available funding.
Additional details on the interim rate are available in payment calculation summaries mailed to producers who triggered payments.
For more information, visit the Publications page of the RMP: Grains and Oilseeds section of agricorp.com and download
How your payments work – RMP: Grains and Oilseeds.