Business Risk Management

Federal, provincial and territorial (FPT) Ministers of Agriculture have reached agreement on the five-year Sustainable Canadian Agricultural Partnership policy framework. Governments will continue to deliver a complete and effective suite of business risk management (BRM) programs.

Business Risk Management (BRM) programs are in place to help farmers in managing risks from income declines resulting from drought, flooding, low prices, and increased input costs. The programs work together by providing protection for different types of losses, as well as cash flow options.

• AgriInvest helps cover small margin declines. 
• AgriInvest Publications and Forms
• AgriStability assists in cases of large margin declines caused by circumstances such as low prices and rising input costs. 
• AgriStability Publications and Forms
• Agristability Benefit Calculator
• AgriInsurance offers protection for production losses related to specific crops or commodities caused by natural hazards.
• Pasture Days Insurance Calculator (Excel)
• Forage AgriInsurance Calculator (Excel)
• MASC Forage Insurance 
  
• MASC Pasture Days insurance
  
• MASC AgriInsurance Programs 
  
• Excess Moisture Insurance
  
• MASC Hail Insurance
• Livestock Price Insurance Program is a risk management tool for cattle and hog producers to help withstand volatility in the market.
• MASC Livestock Price Insurance 
• LPI Calf Decision Calculator (Online, Excel)
• LPI Feeders Decision Calculator (Online, Excel)
• AgriRecovery is a disaster relief framework that provides a coordinated process for federal, provincial and territorial governments to respond rapidly to disasters affecting producers. It is designed to help producers with extraordinary costs incurred to resume operations after a disaster.Under the AgriRecovery framework, the following two programs have been developed in consultation with industry to meet the needs of Manitoba livestock producers.
  
• Advance Payment Program 

Additional Risk Management Resources

• Production Shortfalls in Grain Contracts (PDF) 
  
• Cost of Production Calculators