The Honourable Lawrence MacAulay, Minister of Agriculture and Agri-Food and Manitoba Agriculture Minister, Ron Kostyshyn announced details of the 2025 AgriInsurance program, administered by Manitoba Agricultural Services Corporation (MASC).
After a lower-than-average claim year in 2024, Manitoba farmers will benefit from lower premium rates for most insurable crops in 2025. For annual crops, the average premium for producers will be $13.01 per acre in 2025 compared to $15.43 per acre in 2024. MASC calculates premium rates using methodologies that are reviewed and approved by Agriculture and Agri-Food Canada (AAFC).
Volatility in global commodity markets continues to impact AgriInsurance dollar values for the 2025 season. Some crops such as flax and field peas will have higher dollar values. For the majority of crops, however, dollar values are lower than in 2024 based on market forecasts. Total coverage for 2025 is expected to be $4.2 billion.
MASC is further enhancing the AgriInsurance program by adding birdsfoot trefoil as an eligible crop for Forage Establishment Insurance. The Wildlife Damage Compensation program is also being enhanced by increasing the maximum value used to calculate livestock predation claims from $3,000 to $7,000 per animal.
