Subscribe to our daily newsletter

Agriculture Roundup for Tuesday December 20, 2022

Dec 20, 2022 | 11:03 AM

MELFORT, Sask. – It was a busy year for the Canadian Crop Hail Association (CCHA).

With increasing input costs, inflation and stronger crop prices farmers bought a record-setting $10 billion in insurance coverage.

Insurance payments to prairie producers topped $265 million with producer premiums totaling more than $375 million.

The CCHA reported Saskatchewan had a 68 per cent loss ratio, compared to 133 per cent in 2021.

The final report of the season said farmers who waited to purchase hail coverage late in 2022 likely had a problem finding it due to the unanticipated 20 per cent increase in demand.

CCHA president Scott McQueen added producers should plan for their 2023 insurance needs early.

McDonald’s Canada and 4-H Canada will be launching the National Youth Scholarship program.

Through this partnership, 16 scholarships totaling $80,000 will be awarded over two years to senior youth leaders interested in advancing sustainability and educational pursuits in agriculture.

McDonald’s Canada Senior Director Gemma Pryor said the company wouldn’t be where it is today without Canadian farmers, ranchers, and growers.

“McDonald’s World-Famous Fries come from 100 per cent Canadian potatoes. Our menu is filled with iconic burgers made from 100 per cent Canadian beef. Your favourite McMuffin always comes with a freshly cracked Canada Grade A egg and those are just a few examples,” Pryor said. “This new National Youth Scholarship program in partnership with 4-H Canada will help advance educational pursuits in agriculture across Canada and help support the next generation of Canadian farmers.”

The McDonald’s Canada and 4-H Canada National Youth Scholarships will be awarded in 2023 and 2024.

The 4-H Canada website will be updated when scholarship applications open in 2023.

The Manitoba government has shared its first early look at the potential for flooding in the spring.

The province’s fall conditions report said soil moisture levels at the time of freeze-up are near normal or below normal in most areas.

After near-record precipitation last winter and spring, the summer and fall proved drier.

Environment and Climate Change Canada’s long-term forecast for the coming months is predicting above-normal precipitation for northern Manitoba and near-normal precipitation for southern Manitoba.

alice.mcfarlane@pattisonmedia.com

On Twitter: @farmnewsNOW