Agriculture and Aquaculture

New insurance plan offered for fresh-market vegetable acreage loss (08/04/17)

NB 463

April 17, 2008

FREDERICTON (CNB) - A new insurance plan that provides coverage for commercial vegetable growers has been launched by the New Brunswick Crop Insurance Commission.

The Fresh Market Vegetable Acreage Loss Insurance Plan will provide coverage for total losses of acreage of eligible fresh-market vegetable crops due to insured perils. The program will help vegetable producers address challenges and explore opportunities to ensure the growth and viability of agriculture in New Brunswick.

The plan has been created by the New Brunswick Crop Insurance Commission. It is open to commercial producers who grow two or more hectares (five or more acres) of vegetables for the fresh or wholesale market.

Eligible crops under this plan include direct seeded and transplanted acreage. Insurance is based on three vegetable categories, with separate insured values per acre. Vegetables accepted into the program must be adequately irrigated in order to be covered for drought.

The producers must complete the application form by May 1 in order to be eligible. More information on the Fresh Market Vegetable Acreage Loss Insurance Plan is available online at http://www.gnb.ca/Agriculture; click on the "Risk Management" icon.

The Fresh Market Vegetable Acreage Loss Insurance Plan is offered through AgriInsurance, a federal-provincial program under the Growing Forward initiative, which provides insurance against production losses for specified perils (weather, pests, disease.) Production insurance products have been developed for and in consultation with New Brunswick farmers.

08/04/17

MEDIA CONTACT: Alain Bryar, communications, Agriculture and Aquaculture, 506-444-4218.

08/04/17