By Kevin Hursh

Better crop insurance

Feb 25, 2011 | 6:10 AM

for paNOW

Strong grain prices are making the Saskatchewan Crop Insurance program more attractive.

Under the program details announced yesterday, coverage is going from an average of $131 an acre in 2010 to $173 an acre this year.

You only need to look at the crop insurance base prices to know why. The crop insurance price for canola is $10.89 a bushel, spring wheat is $6.04, durum is $6.34, flax is $12.70, barley is $3.48 and field peas are $5.62 a bushel.

Large green lentils have a crop insurance base price of 28 cents a pound, red lentils are 24, canaryseed is 25, and yellow mustard is just under 25 cents a pound. In most cases, the prices are considerably better than last year and that has boosted coverage levels.

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Of course, both government and producers will pay a higher premium for that increased protection.

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