Will you survive, or thrive this year?

Looming drought, record high input costs, and the possibility of record high grain prices makes 2022 uncertain.

But, along with big risk, you also have big opportunity. With the right insurance this year could yield the crop of a lifetime for many farmers across the Prairies. Farmers who have the flexibility to make bold agronomy and marketing decisions will be in the best position to seize the opportunity in 2022 and make intergenerational wealth a reality.

Farmers are familiar with options for protecting against risk in traditional ways—like insuring against specific perils or covering a yield threshold. These are great options, but what makes Production Cost Insurance different is it protects a farm’s bottom line by ensuring revenue, no matter what mother nature or the markets throw at you.

Production Cost Insurance (PCI) de-risks your farm. We work with you to determine your cost of production and customize an insurance program based on those costs. PCI covers the cost three main inputs—seed, fertilizer and chemical, plus a gross margin of your choosing over and above those costs.


Here’s an example of how it works; let’s say you’re going to spend $150/acre on inputs, and, considering other costs of operating your business, (like fuel and land costs) you decide to insure an extra $150/acre of margin coverage - the total plan is set at $300/acre. A 5,000 acre farm, for example, can move into the year with certainty and $1,500,000 in floor revenue before seeding. Because we cover actual costs, if input costs go up—let’s say you want to top dress—coverage goes up, but your premiums do not.
Not only do you get to make more flexible agronomic decisions, based on your needs at various points in the growing season, but you can also stick to your marketing plans and not have to worry about fulfilling contracts in the event of a claim. Once you lock in your coverage, you will know exactly what revenue you’re insured for before you even go to seed.

The farms that de-risk with the right insurance will go into this season protected from the more challenging aspects of this year—drought uncertainty, record high fertilizer costs and the risk of not fulfilling contracts, and ready to capitalize on record high commodity prices.

Our licensed Advisors are located across the Prairies and ready to talk with you about your options. You can talk to an Advisor or start a no-obligation quote by visiting agrisksolutions.ca.