Risk Management Program
Sheep

Eligibility

To be eligible you must:

  • Produce livestock in at least one eligible category in Ontario
  • Enrol all your eligible production within a livestock category
  • Pay premium
  • Have a premises identification number
  • Be able to demonstrate ownership

    For program purposes, ownership means the right of possession of a commodity and their associated risks. Agricorp considers legal ownership, price risk (such as fluctuating market prices or input costs) and production risk (such as mortality or health of the animal) in determining eligibility.

    To determine whether you are eligible to enrol your livestock, Agricorp will ask for additional details about your business, including any custom feeding or private financing agreements you may have.

    Custom feeding: There are many different types of custom feeding agreements. If you pay another person (e.g. price per pound of weight gain) to feed and house your livestock, Agricorp will need to confirm that you retain exposure to production and price risk before confirming that you are eligible to enrol the livestock.

    Private financing: If another person receives legal title of your livestock as collateral for a loan or investment, and you compensate that person through pre-negotiated interest charges, commissions, or fees, you may have the price and production risk. Be sure to disclose the details of your agreement so that Agricorp can determine which person is eligible to enrol the livestock.

To remain eligible for RMP, pay your premium and submit your livestock sales reports by the pr​​ogram deadlines. Even if you had no sales during a reporting period, you must contact Agricorp and report zero sales. Failure to pay your premium or submit a sales report may result in the cancellation of your coverage.​

Eligible lamb​​s

Eligible lambs must:

  • Be sold during the program year
  • Be produced and owned by you in Ontario for a minimum of 30 days
  • Weigh 30 to 126 pounds (live weight) at time of sale
  • Be less than one year of age
  • Not be pregnant*

* Lambs may be sold for future breeding purposes and still be eligible for program coverage.

Estimating y​​our insured production

Estimate your insured production based on weight gain up to 115 lb. (live weight) per head at time of sale.

Example:

A producer plans to sell:

  • 40 lambs at approximately 90 lb. (raised from birth)
  • 10 lambs at approximately 120 lb. (raised from birth)

Insured P​roduction

40 lambs x 90 lb. = 3,600 lb.
10 lambs x 115 lb. = 1,150 lb.
Total= 4,750 lb.​


Ontario - Agricorp