2006-07-13
By: Chris Sumner

 

Manitoba producers received a record $295.2 million in production insurance payments in 2005.

That figure exceeds 2004's record setting payment of $197.7 million.

The 2005 season started with 1.4 million insured acres not being seeded resulting in $58.3 million being paid under excess moisture insurance.

As for crop production losses canola was the hardest hit with $70 million in losses paid, folowed by red spring wheat at $25 million, and dry edible beans at $23 million.

The 2006 crop is off to a good start, but Manitoba Agricultural Services Corporation estimates 125,000 acres were not seeded by the June 20th deadline.