RMP: Grains and Oilseeds helps Ontario producers offset losses caused by low commodity prices and rising production costs. Payments are made if a crop's market prices fall 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 Ontario Ministry of Agriculture, Food and Rural Affairs (OMAFRA).
This plan was designed in consultation with representatives of the grain and oilseed sector and the Ontario Federation of Agriculture.
Funding partners
RMP is provincially funded only, meaning the Ontario government funds its traditional 40% 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% funding is reflected in the payment calculation and premium rates.
