Federal money to manage grain farm risk
OTTAWA — The federal government is spending 1.2 million dollars to help grain farmers manage risk and build public trust.
Ottawa says the Canada Grains Council will get about 430,000 dollars to develop a pilot insurance product for grain exporters to address the risks they face of having their shipments rejected at the border of the importing country.
The government says it wants to ensure insure that grain farmers are protected against the unpredictability of the international market and the risks of regulatory trade barriers, particularly around input residues on seeds.
The council will also get 789,000 dollars to develop a Code of Practice for farm production of Canadian grains.


