Risk Management Program
Veal

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 ve​​​al

To be eligible for payment, veal cattle must be:

  • Sold for slaughter during the program year
  • Produced and owned by you in Ontario for a minimum of 90 days
  • Within the weight ranges shown below
Veal categoryWeight range at time of sale (live we​​​ight)
Veal cattle
600 – 769 lb. (individual weight)*

 * Veal cattle veal sold on a group weight basis are not eligible for payment.

Estimating your ins​ured production

Use the weight ranges shown in the table above when estimating your insured production.

Veal cattle example:

A veal producer plans to sell:

  • 200 veal cattle weighing approximately 700 lb.

Veal cattle insured production = 200 head



Ontario - Agricorp