Risk Management Program
Grains and oilseeds

Overview

​​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 an​​nual 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.​

Program updates

More time to secure coverage

To give farmers more time and flexibility to make decisions, the government of Ontario has extended the 2023 deadline to apply or make coverage changes to June 30, 2023.

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.


DeadlinesFebruary 2024
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Ontario - Agricorp