Participant Handbook Risk Management Program - Agri …€¦ · Agricorp • Participant Handbook...

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Participant Handbook Risk Management Program RMP for livestock Cattle • Hogs • Sheep • Veal

Transcript of Participant Handbook Risk Management Program - Agri …€¦ · Agricorp • Participant Handbook...

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Participant HandbookRisk Management Program

RMP for livestockCattle • Hogs • Sheep • Veal

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Pig image on cover, courtesy of Ontario Agriculture Photo Library.

Risk Management Program (RMP) for livestock includes the following four plans:

• RMP:Cattle• RMP:Hogs• RMP:Sheep• RMP:Veal

CompletedetailsaboutallfourRMPforlivestockplansareavailableonagricorp.comandinthe participanthandbookandaccompanyinginformationsheets,describedbelow:

• RMPforLivestockParticipantHandbook– TheparticipanthandbookoutlineswhatyouneedtoknowabouttheRMPforlivestockplans,howtoenrolandyourresponsibilitiesasaparticipant.Theparticipanthandbookappliesstartingwiththe2015programyearandwillcontinuetoapplyforsubsequentprogramyears,untilitiscancelled,amendedorreplaced.Youshouldretaintheparticipanthandbookasitwillnotbeupdatedannually.Ifthereisanyconflictbetweentheparticipanthandbookandaninformationsheet,theinformationsheettakesprecedence.

• Rates,DatesandProgramChangesInformationSheet–Thisinformationsheetworksaspartofyourparticipanthandbooktoprovidedetailsspecifictotheprogramyear,andisupdatedannually.Youwillreceivetheinformationsheetwhenyouenrolintheprogramandwithyourannualrenewals.Itisalsoavailableonagricorp.com.

• CalculatingTargetandMarketPricesInformationSheet–ThisinformationsheetshowshowthetargetandmarketpricesfortheRMPforlivestockplansaresetandisacomplementarydocumenttotheparticipanthandbook.Thedataisspecifictotheprogramyearandisupdatedannually.Youcanfindtheinformationsheetonagricorp.comorrequestacopybycallingAgricorp.

For full particulars of RMP terms and conditions, refer to the documents listed below in effect for the current program year:

• RMP:CattleGuidelines• RMP:HogsGuidelines• RMP:SheepGuidelines• RMP:VealGuidelines• Order-in-CouncilNo.1309/2011,asamended

(Ontario Risk Management Program)• Order-in-CouncilNo.1310/2011,asamended

(BusinessRiskManagementReviewCommittee)

Wherethereisanyconflictbetweentheparticipanthandbook,informationsheets,andtheguidelines,theguidelines takeprecedence.Toobtaincopiesoftheguidelines,pleasecontacttheOntarioMinistryofAgriculture,FoodandRuralAffairs(OMAFRA).

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Table of contents

4 What is RMP?

4 What is RMP for livestock?

4 Eligibility

4 Howtoparticipate 4 New participants 5 New farmers 5 Existing participants 5 Continuous participation

5 Yourresponsibilities

6 Howtheprogramworks 6 Support levels 6 Market prices 6 Premiums 6 Premiumadjustments 7 Payingyourpremium 7 Payments 8 Link to AgriStability 8 Payment caps

8 BalancesowedtotheCrown

9 Program terms and conditions

11 RMP:Cattle

15 RMP:Hogs

19 RMP: Sheep

23 RMP: Veal

27 Definitions

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What is RMP?

Ontario’sRiskManagementProgram(RMP)helpsproducersmanagerisksbeyondtheircontrol,likefluctuatingcostsandmarketprices.Theprogramisavailableforthecattle,ediblehorticulture,grainandoilseed,hog,sheepandvealsectors.

Amaximumof$100millioninannualfundingisavailablethroughRMP.Traditionally,businessriskmanagementprogramsarefundedona60/40basisfromthefederalandprovincialgovernmentsrespectively.RMPisprovinciallyfundedonly,meaningtheOntariogovernmentfundsitstraditional40percentshare.The40percentfundingisreflectedinpaymentcalculationsandpremiumrates.

RMPcomplementsAgriStabilityandProductionInsurance.AgriStabilityisdesignedtostabilizewholefarmincomeandProductionInsurancehelpsmitigateproductionloss.

What is RMP for livestock?

RMPforlivestockwasdesignedinconsultationwithrepresentativesofthecattle,hog,sheepandvealindustryin Ontario.

RMPforlivestockworkslikeinsurancetohelpOntarioproducersoffsetlossescausedbyfluctuatingcommoditypricesandproductioncosts.Participantspaypremiumsbasedontheirinsuredproductionandtheirchosencoverage level.

Insuredproductionisyouranticipatedlivestock salesfortheyear.

Therearefourlivestockplans.Eachplan,exceptsheep,includesseveralcategoriesofproductionasshownbelow.Participantscanenrolinoneormoreplansandcanchoosesingleormultiplecategorieswithineachplan.

Plan Categories

Cattle •Cow-calf

•Backgrounder

•Feedlot

Hogs •Earlywean

•Feeder

•Grower/finisher

Sheep •Lamb

Veal •Grain-fed

•Milk-fed

Programpaymentsaremadeifthemarketpricesforsoldlivestockfallbelowyoursupportlevel,whichisbasedontheindustryaveragecostofproducinglivestock(targetprice)andthelevelofcoverageyouchoose.

Paymentsreflectavailablefunding.Aninterimpaymentrateisusedtomakesureeverysingleproducerhasequalaccesstothefunding,whethertheytriggerapaymentatthebeginningorendoftheprogramyear.Theinterimpaymentisbasedonmarketprices,supportlevelsatthetraditionalprovincialshareof40percentandavailableRMPfunding.

RMPpremiumsarecollectedbyAgricorpandmanagedseparatelybyeachparticipatingcommoditygroup.Thecommoditygroupsusethefundstosupplementpaymentsinyearsofgreaterneed.

Eligibility

TobeeligibleforRMPforlivestockyoumust:

• produceatleastoneeligiblecategoryoflivestock in Ontario,

•beabletodemonstratelivestockownership,• enrolallofyoureligibleproductionwithinaplancategory,•paythepremium,and•havepremisesidentification(newparticipants).

ToremaineligibleforRMP,payyourpremiumandsubmityourlivestocksalesreportsbytheprogramdeadlines.Evenifyouhadnosalesduringareportingperiod,youmustcontactAgricorpandreportzerosales.Failuretopayyourpremiumorsubmitasalesreportmayresultinthecancellation of your coverage.

How to participate

New participantsIfyouarenewtoRMP,orifyouwishtoenrolinanewRMPplan,youneedtosubmitanapplicationtoAgricorp.

Forgreaterconvenienceandtimelyprocessing,submityourcompletedapplicationformonline.Ifnotapplyingonline,contactAgricorpandrequestanapplication.Paperapplicationscanbesubmittedbymailorfax.Pleaseonlysubmityourapplicationonce.

Youcanapplyasasoleproprietor,unincorporatedassociation,corporation,trust,cooperative,communalorganization,partnership,limitedpartnershiporestate.Ifyouareapplyingonline,signaturesarenotrequired.

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Forpartnershipsandlimitedpartnerships,youshouldsubmitonlyoneapplication,signedbyallpartners.

New farmersIfyouareanewfarmer–meaningthecommodityyouwanttoenrolhadzerofarmincomeinthepreviousyear–youcanenrolaftertheapplicationdeadlinehaspassed,providedyouapplybeforetheendofyourfirstsalesreportingperiod.

Existing participantsIfyoualreadyparticipateinRMPforlivestock,youwillreceivearenewalpackage.Youdonotneedtoreapply.Allyourpreviouscoverageinformationwillberolledoverto the current year.

Whenyoureceiveyourrenewalpackage,reviewthecategories,coveragelevelsandinsuredproduction.

AddinganewcategoryIfyouarealreadyenrolledinalivestockplan,youmayaddnewcategoriesatrenewaltime.Forexample,ifyouhavecalvesenrolledinRMP:Cattle,youcanalsoaddcoverageunderthebackgrounderandfeedlotcategories.Similarly,ifyouhavehogsenrolledintheearly-weancategory,youcanalsoaddcoverageunderthefeederandgrower/finishercategories.Toaddnewcategoriestoyourexistingplan,simplycompleteandsubmitthecoveragechangerequestformorcallAgricorp.

Adding a new planIfyouwishtoenrolinanewplanforanotherkindoflivestock,contactAgricorpfirsttofindoutifyouare eligibleandhowtoapply.Forexample,ifyouareenrolled inRMP:SheepandyouwanttoenrolinRMP:Cattle, contactAgricorp.

Youcanmakechangesby:

• submittingtheonlinecoveragechangerequestonagricorp.com,or

• fillingoutthecoveragechangerequestforminyourrenewalpackageandmailingorfaxingittoAgricorp,or

•callingAgricorp.

ContinuousparticipationThecoverageyouselecteachyearwillbeautomaticallyrolledovertothenextprogramyearusingyourenrolledcategories,

insuredproductionandyourselectedcoveragelevels.Youcanmakechangestoyourcoverageeveryyearwhenyourenew.

Participationinyourenrolledcategoriesmustbecontinuous.Ifafterafullyearofparticipation,youcancelordonotrenewinanenrolledcategory,youwillbeineligible for enrolling again in that category for the current yearplusthenexttwoyears.

Inyearswhenyouarenotproducingaparticularlivestockcategory, you can maintain enrolment in that category, withoutbeingcancelled,bysimplyreportingzeroproduction.Afterthreeconsecutiveyearsofreportingzeroproductioninacategory,yourenrolmentwillbecancelledwithoutaffectingyoureligibilityforsubsequentprogramyears.Ifyouwouldliketore-establishyourcoverage,contactAgricorp.

Your responsibilities

AswithallAgricorpprograms,youneedtoreadandunderstandtheRMPdetails,abidebytheapplicabletermsandconditions,andmeetthedeadlines,whicharepublishedinthisParticipantHandbookandaccompanyinginformationsheets.Otherrequirementsare:

• Report any changes to your business structure or farming operation,includingasignificantexpansionordecrease,orchangestothename,addressorshareholders,astheyoccur.

• NotifyAgricorpifyouexpectyourannualsalestochangebymorethan25percent.Thismeansyouractualsalesfortheyearwillbemorethan25percenthigherorlowerthanyouroriginalenrolledinsuredproduction.YouneedtonotifyAgricorpofthechangepriortothedeadlineforthenextsalesreportingperiod.Otherwise,yourcoveragemaynotbeadjustedandcouldbecancelled.

• Haveavalidpremisesidentificationnumber(premisesID).Ifyouareanexistingparticipant,AgricorpwillusethesamepremisesIDyouprovidedlastyear.Ifyourfarmlocationhaschanged,pleaseprovideAgricorpwiththecorrectpremisesIDforthenewfarmlocation.Fornewparticipants,yourapplicationcanonlybeprocessedonceyourpremisesIDisprovidedtousandverified.IfyouhavemorethanonepremisesID,providetheIDforyourhome or main farm location in Ontario.

ToobtainyourpremisesID,contacttheProvincialPremisesRegistryat1-855-697-7743orvisitwww.ontarioppr.ca.YouwillneedtoprovidetheProvincialPremisesRegistrywithyourpropertytaxassessment rollnumber(ARN)fromtheMunicipalPropertyAssessmentCorporation.

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Joint venture livestock feeding arrangements Whenalivestockownerandfeederoperationsharetheproductionandmarketingrisksoflivestock,eachpartymayreporttheirshareofeligiblesales.

Inthesearrangements,eachpartytypicallysharesthecostofdeathlossesandnointerest,commissionsorfeesarechargedbetweenparties.

IftheyparticipateinAgriStability,eachparty’seligiblesalesreportedinRMPshouldcorrespondwiththeeligiblesalestheyreportedinAgriStability.Eachparty’sshareofallowableincomeshouldcorrespondtotheshareoftheallowableexpensestheyreportedinAgriStability.

How the program works

Aswithotherinsurance-likeprograms,youreceiveapaymentwhenyouincuraloss.RMPpaymentsaremadeiftheOntarioaveragemarketpriceforyoursoldlivestockestablishedbytheprogramfallsbelowyoursupportlevelduringthepaymentcalculationperiod.Yoursupportlevelisthetargetpricemultipliedbyyourchosencoveragelevelfor that livestock category.

Thetargetpricerepresentstheindustryaveragecostofproductionforeachcategory.PleaserefertotheRMP for Livestock Calculating Target and Market Prices Information Sheetfordetailsonthecurrentprogramyear’scalculationsoftargetprices.

Youmaychooseacoveragelevelof80,90or100percentofthetargetprice.

Support levelThesupportlevelisdeterminedbythetargetpricemultipliedbyyourchosencoveragelevel.TheOntarioMinistryofAgriculture,FoodandRuralAffairs(OMAFRA)calculatesthetargetpriceforeachlivestockcategory usingamethoddevelopedinconsultationwithrepresentativesofthelivestockindustry.

Thetargetpriceforeachlivestockplanisbasedonproductioncostsderivedfromrelevantfarmexpenses andproductiondataincludinglivestockpurchasecosts,

feedcosts,yardageandlabour.Formostlivestockcategories,thetargetpriceisupdatedregularlythroughouttheyear.Forcow-calfandsheep,thetargetpriceiscalculatedannuallyatthebeginningoftheyear.

Market pricesMarketpricesforeachlivestockcategoryarecollectedweeklyandaggregatedoverthereportingperiodforeachlivestockcategorytodetermineanaveragemarketpriceforthelivestockcategory’spaymentperiod.AdditionaldetailsaboutthedataandmethodusedfordeterminingmarketpricesarepublishedintheRMP for Livestock Calculating Target and Market Prices Information Sheetwhichisavailableonagricorp.comorbycontactingAgricorp.

PremiumsPremiumratesarebasedonthelivestockcategoryandyourchosencoveragelevel.Annualpremiumsforyourinsuredproductionarecalculatedatthebeginningofeachyearandcanbepaidinfullorsemi-annuallywhenyoureceive the invoice.

Yourannualpremiumiscalculatedusingoneoftwoformulas,dependingonthelivestockcategory:

Premium rate x number of head enrolled

OR

Premium rate x total eligible weight gain enrolled

Customerswhoseannualpremiumislessthan$200willautomaticallybeinvoicedannually.Thepremiummustbepaidbeforeapaymentisissued.Failuretopaythepremiummayresultinthecancellationofyourcoverage.

RMPpremiumsarecollectedbyAgricorpandmanagedseparatelybyeachlivestockcommoditygroup.Thecommoditygroupswillusethefundstosupplementpaymentstoproducersinyearsofgreaterneed.Formoreinformation,pleasecontactyourcommoditygroup.

Premium adjustmentsYourpremiumisbasedonyourinsuredproductionfortheprogramyear.Ifyouractualsalesdifferfromyourinsuredproductionoverthecourseoftheyear(eitheranincreaseoradecrease),yourpremiummaybeadjustedasshowninthefollowingtable.

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Ifreportedsalesdiffer from insured productionby:

Premium adjustment

5% or less Nopremiumadjustments aremade.

Over 5% to 25% Premiums are automatically adjustedbyAgricorpatyear-end;youwillreceiveeither apremiumrebate(ifyour salesdecreased)oraninvoice (ifyoursalesincreased).

More than 25% ContactAgricorpimmediatelyifyouexpectyourannualsalestoincreaseordecreasebymorethan 25%.

PayingyourpremiumYoumustpayyourpremiumbythedeadlineshownonyourinvoiceusingoneoftheseoptions:•ByInternetbankingortelephonebanking•Atyourfinancialinstitution• Bymail,withachequepayableto: Agricorp–RiskManagementProgram POBox4685,Stn.A Toronto,ON M5W6B3

PaymentsPaymentstoparticipantsaretriggeredwhentheaveragemarketpriceforsoldlivestockfallsbelowthesupportlevelduringthepaymentcalculationperiod.

Paymentratesarebasedon:

• Thedifferencebetweenthemarketpricesandsupportlevelsatthe40percentprovincialshare

•AvailablefundingfortheRiskManagementProgram

Paymentsarecalculatedusinganinterimrate,soproducerswhotriggerpaymentsatdifferenttimesduringtheyearhavethesameaccesstofunding.Astheprogramyearprogresses,theinterimpaymentratemaybeadjusted.

Thepaymentschedulebelowshowsthepaymentsandadjustmentsyoumaybeeligibletoreceive.

PaymentschedulePaymentsareissuedsemi-annuallyforcow-calfandsheepproducersandthreetimesayearforallotherlivestockcategories.Anadditionalyear-endpaymentmaybemade,ifapplicable,dependingonremainingfunding.RMPpaymentsareconsideredincomeforincometaxpurposes.AgricorpissuesAGR-1statementsforincometax annually.

Programpaymentsmaynotbeassignedtoathirdparty.

OMAFRAandAgricorphaveabsolutediscretiontorefuseorwithholdanypaymentstoanyparticipant.

September December March of following year June of following year

Q1/Q2 payment Q1/Q2 adjustment Q1/Q2 final adjustment Q1/Q2 adjustment

Q3 payment Q3 adjustment Q3 final adjustment

Q4 payment Q4 final adjustment

Paymentschedule

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LinktoAgriStabilitypaymentsAgriStabilityisanimportantpartofacomprehensivesuiteofprograms.Itprotectsyoufromlargedeclinesinyourfarmingincomecausedbyproductionloss,increasedcostsormarketconditions.Visitagricorp.comformoreinformation.

Startingin2015,youcanchooseifyouwantAgriStabilitycoverage, as it is no longer an eligibility requirement for RMP.Youwillneedtoconsiderwhatprogramsbestsuittheneedsofyourfarm.

IfyouchoosetoparticipateinAgriStability,yourRMPpaymentiscountedasanadvanceontheprovincialportionofyourAgriStabilitypaymentforthecorrespondingprogramyear.YoukeepthegreateroftheRMPpaymentortheprovincialportionoftheAgriStabilitypayment.BecauseRMPisprovinciallyfunded,ithasnoimpactonthefederalportionofAgriStabilitypayments.

IfyouparticipateinmorethanoneRMPplan,thesum ofallRMPpaymentswillbeoffsetagainstyourAgriStability payments.

Off-calendaryear-endsDependingonyouryear-end,theAgriStabilityprogramyearmaynotcoincidewiththeRMPyearasshownintheexamplebelow.

Yourfarmbusinessyear-end

RMP CorrespondingAgriStabilityyear

September 1 – December 31, 2015

2015 2015

January 1 – August 31, 2016

2015 2016

PaymentcapsRMPpaymentsforeachlivestockcategoryarecappedat$1.2millionperparticipant,perprogramyear.Forexample,ifyouparticipateinthecow-calfandthefeedlotcategoriesunderRMP:Cattleandthegrower/finishercategoryunderRMP:Hogs,yourpaymentforeachofthethreecategoriesiscappedat$1.2million.

TheRMPcapisappliedtoeachcategory’stotalpaymentfortheentireyearbeforecalculatinganyapplicableadjustmentstoAgriStabilitypayments.

Ininstanceswherethepaymentcapforaparticipantisreached,theparticipantmaybeentitledtoapartialrefundoftheirpremium.

Balances owed to the Crown

AgricorpisrequiredtorecoverbalancesowedtotheCrown,includinganyRMPoverpayments.Overpaymentsmayoccurasaresultofincompleteprogramapplications,processingerrors,changestofarmoperationsandthenatureofadvancepaymentstoproducersinfinancialdistress.

Ifyouhaveabalanceowing,youmustrepayit,includinginterest,withinthreeyearsofwhenyouwerenotifiedofthedebt.Youmustalsosubmitarepaymentplan.Interestischargedonoutstandingbalancesthatareowedformorethan30days.

Agricorpalsorecoversoverpaymentsfromanyotherprogramsfromwhichyoumaybeeligibletoreceivefunding.RMPoverpaymentscanberecoveredfromotherprogramspayments,andotherprogramoverpaymentsmayberecoveredfromyourRMPpayment.

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Program terms and conditions

BankruptcyordeathIntheeventofthebankruptcyordeathoftheparticipant,Agricorpneedstobecontactedsoprogramcoveragecanbeproperlyfinalized.

Farm saleIfyousellyourfarmingoperation,yourparticipationinRMPforlivestockiscancelled.Ifyouonlysellpartofyouroperation,thatpartofyourcoverageiscancelled.ContactAgricorpintheeventofanyfarmsale.

CollectingandprotectingyourinformationInformationcollectedunderRMPforlivestockisusedbyAgricorptoadministertheprogramonbehalfofOMAFRA.Informationcollectedmaybeusedanddisclosedtoadminister,auditandevaluatetheprogram.ThisincludessharinginformationwithOMAFRAandanyotherentityrequiredtoadministertheprogram.Agricorpmayalsousethisinformationtoadministerorauditothercostsharedandprovinciallyorfederallysubsidizedprograms.SocialinsurancenumbersandbusinessnumbersarecollectedandusedonlytomakeprogrampaymentsandaresharedwiththeCanadaRevenueAgencytoissuetaxreceiptsforpaymentsand,wherenecessary,forauditsandcollectingoverpayments.Ifyouhavequestions,

pleasecontactAgricorp’sComplianceandFreedomofInformation–PrivacySpecialistatPOBox3660,Stn.Central,Guelph,OntarioN1H8M4,1-888-247-4999.

OMAFRAorAgricorpmaydiscloseanyinformationasobligatedundertheFreedomofInformationandProtectionofPrivacyAct,R.S.O.1990,c.F.31,byanorderofthecourtortribunal,orpursuanttoalegalproceeding.

Retaining recordsYoumustretainallinvoices,receiptsandproductionrecordsrelatingtothelivestockcoveredbytheprogramforaperiodofsixyears.YoumustmakethesedocumentsavailabletoAgricorpintheeventofaninvestigation,inspection,auditortodetermineanymatterrelatedtoRMPforlivestock.

Right of accessWhenyouenrolinRMPforlivestock,youacceptthatAgricorphastherighttoaccessyourproductionandfinancialrecords,aswellasrecordsheldbythirdparties,including,butnotlimitedto,commodityboards,associationsandorganizations,grainelevatorsandprocessors.

Agricorpalsohastherightofreasonableentrytoalllandsorfacilitiesyouuse,ownorlease,orhaveothercontrolordirectionover,inordertosurvey,audit,inspect,estimateandexamineyour:

• Eligiblelivestock• Inventoryandproduction•Otherinformationthatisorshouldbeinyourrecords.

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Requesting a reviewIfyoudisagreewithadecisionaboutyourfile,apaymentoryoureligibilityforanyoftheRMPforlivestockplans,pleasecontactAgricorp.Youhave90calendardaysfromreceivingapaymentornoticetoraisetheissue.

Agricorpwillreviewandassesstheissue.Iftheassessmentisnotsatisfactory,youmayrequestareviewbytheBusinessRiskManagementReviewCommittee(BRMRC).Yourwrittenrequestmustbesubmittedwithin90calendardaysofreceivingthewrittenassessmentfromAgricorp.Thisrequestmustcontain:

• Thenatureoftherequestforthereview• Thegroundsthatyouintendtorelyonduringtherequest• Theinformationanddocumentationthatyouwillrelyonduringthereview.

TheBRMRCwillmakenon-bindingrecommendationstoAgricorpregardingyourreview.Agricorpmayaccepttherecommendationsinfullorinpart,ormaydeclinetofollowtherecommendations.Thereisnofurtherrightofreviewprocess.

AnAgricorprepresentativecanprovideyouwithinformationonhowtomakearequesttoBRMRC.Forfullparticularsinvolvedinrequestingareview,refertoOrders-in-CouncilNos.1309/2011and1310/2011,asamended,aswellastheprogramguidelines.

Consequencesofnon-complianceandmisconductIfyoudonotmeettherequirementsoftheprogram,yourcoveragewillbecancelled.Youwillalsohavetorepayanyorallpaymentsyoureceivedundertheprogramthatarenotinaccordancewiththeeligibilityrequirementssetoutintheapplicationmaterial,theguidelines,thisparticipanthandbookand/orthelawsofOntarioandCanada.Repaymentsareduewithin30calendardaysofthedateofAgricorp’snoticetoyou.Failuretomakerepaymentcreates adebttotheCrownthatcanberecoveredagainstanymoneytheCrownowesyou.

Coveragecanbecancelledifyouinanyway:

•Givefalseormisleadinginformation•Failtomeetprogramrequirements•Commitfraud.

Ifyourcoverageiscancelledforanyreason,youarenoteligibletoapplyagainforthecurrentyear,plusthefollowingtwoyears.

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Cattle

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RMP: Cattle

Selecting coverageEachyear,youmaychoosetoenrolinoneormoreofthefollowingcategoriesofcattle:

•Cow-calf•Backgrounder•Feedlot

RMP:Cattlecoversthecattlethatyousellduringthecurrentprogramyear.Toreceivefullcoverageforallofyourcattleproduction,youmust:

• Enrolallthecattleyouexpecttosellthroughouttheprogramyear.YourexpectedsaledatemustfallbetweenJanuary1andDecember31ofthecurrentprogramyear.Donotsimplyenrolyourentireinventory.

• Enrolinallthecategoriesthatapplytothecattle youwillsell.

Forexample,ifyouhaveacow-calftofeedlotoperation,youmaychooseallthreecategoriesinordertobepaid foralltheeligibleweightgainfrombirthtoslaughter. Ifyousellonlyheifercalvesupto500pounds,thenchoosethecow-calfcategoryandenrolthenumberofcalves youexpecttosell.

Pleasebeawarethatbyselectingacategoryforcoverage,youarerequiredtoenrol,paythepremiumandreportallyoureligiblecattlesaleswithinthatcategory.Youwillbeeligibleforpaymentonlyunderyourchosencategories.

YoucanapplyforRMP:Cattleasaneworexistingparticipant.

• IfyouareenrollingintheRMPplanforcattleforthefirsttime,youmustfilloutanapplicationform.

• IfyoualreadyparticipateintheRMPplanforcattle,youwillautomaticallyreceivearenewalform.Reviewthecategories,coveragelevelsandinsuredproductionandmake coverage changes if necessary.

New participantsWhencompletingtheapplication,followthesesteps:

1. Selectplan−SelectRMP:Cattleonyourapplication.

2.Selectcategory−Choosethespecificcattlecategoriesinwhichyouwishtoenrol.Considertheanimalsyoutypicallysell,theiraveragesaleweights,andhowmuchofthatweightyouproduced.Ifyoutypicallysellcattleat1,500poundsandraisethemfrombirth,youmayenrolin all three categories. If you usually sell cattle at 1,500 poundsbutpurchasethemat900pounds,youwouldenrolinthefeedlotcategoryonly.

3. Selectyourcoveragelevel−Youmaychoosea

coveragelevelof80,90or100percentforeachlivestockcategory.Youmaychooseadifferentcoveragelevelforeachcategory.Yoursupportlevelisthetargetpriceforthelivestockcategorymultipliedbyyourchosencoveragelevel.

4.Recordyourprojectedsales−Completetheprojectedsaleschartbyenteringyouranticipatedcattlesalesfortheyearforeachofyourchosencategories.Todetermineaveragesaleweightforeachcategory,takethetotalweightforallcattleyouexpecttosellanddividebythenumberofhead.Theaveragesaleweightshouldcloselycorrespondtotheweightrangesshownbelow.

EligiblecattleCattlethatmeetallofthefollowingrequirements areeligible:

•Mustbesoldinthecurrentprogramyear.*• MustbeproducedandownedbyyouinOntarioforaminimumof120consecutivedays(this120-dayperiodcanspanmultiplecategories).**

•Mustbe30monthsofageorless• Cannotbeusedforbreedingpurposes(restriction forthebackgrounderandfeedlotcategoriesonly).***

• Cannotbeenrolledandhavesalesreportedunder RMP:Veal.

* Breeding stock enrolled in the cow-calf category may qualify for a cow-calf payment without being sold. See “Requests for payment without sale” section for more information.

** Agricorp considers ownership, price risk and production risk in determining eligibility for program purposes.

*** For the cow-calf category, calves may be sold or retained for future breeding purposes and still be eligible. In other words, breeding stock are eligible for payment under the cow-calf category only.

Thethreecattlecategoriesspanproductionfrombirthtofeedlotintheweightrangesshownbelow.Usetheseweightrangestohelpyoudeterminethecategoriesinwhichyoushouldenrol.Paymentsaremadeonweightgainwithintheseranges.

Cattleproduction

Steer production (live weight)

Heiferproduction (live weight)

Cow-calf Upto550lb. Upto500lb.

Backgrounder Over550–900lb. Over500–850lb.

Feedlot Over900–1,500lb. Over850–1,400lb.

Cattlesoldbeyondthemaximumfeedlotweightmay stillbeenrolled;however,paymentsarebasedonlyontheweightrangeslistedabove.Forcow-calfandbackgroundercategories,anyadditionalweightgainbeyondthemaximumwillbecoveredinthenextweightcategory,ifyou’reenrolled.

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Forexample,aheifercalfweighing600poundswillbepaidforweightgainupto500poundsinthecow-calfcategoryandcanbepaidfor100poundsifenrolledinthebackgroundercategoryaswell.Afeedlotsteerweighing1,650poundswillonlybepaidforweightgainupto1,500pounds.

Cow-calfcategory• Calvesmustweighmorethan350poundsat

time of sale.• Calvesmustberaisedfrombirthunderthecow-calfcategory.Calvesthathavebeenpurchasedarenoteligibleforpaymentunderthecow-calfcategory, butmaybeeligibleundertheothertwocategories.

• Dairycalvesarenoteligibleforenrolmentin cow-calfcategory.

PaymentsRMPpaymentsareissuedforyoursoldcattlewhentheaveragemarketpricefallsbelowyoursupportlevelduringapaymentcalculationperiod.Theyarebasedonthedifferencebetweenthesupportlevelandtheaveragemarketprice.Ineachcategory,theaveragemarketprice,supportlevelandpaymentsarecalculatedseparately.Paymentschedulesalsodifferbycategory.

Cow-calfcategory• Paymentsarecalculatedtwiceperyearaftereachsalesreportingperiod.

• Thesupportlevelremainsconstantfortheprogramyear.• Marketpricesarecalculatedtwiceperyear,fromJanuary1toJune30andfromJuly1toDecember31ofthecurrentprogramyear.

• Steerandheiferpaymentratesareblended(50/50)toformacommonpaymentrate.

• Whilecoverageforcalvesisprovidedonaper-headbasis,thoseweighinglessthanthemaximumweight(500poundsforheifersand550poundsforsteers)willhavepaymentspro-ratedbasedontheiractualweight.Calvessoldatlessthan350poundsarenoteligibleforpayment.

Backgrounder and feedlot categories• Paymentsarecalculatedeveryweekandcompiledaftereachsalesreportingperiod.

• Boththesupportlevelsandthemarketpricesarecalculatedeveryweek,andwillvaryfromweektoweekdependingonfluctuatingcommodityprices.Thesupportlevelandmarketpricearebasedonthereporteddateofsale.Ifyouareenrolledinmultiplecategories,thesupportlevelsandmarketpricesarecalculatedbacktheappropriatenumberofweekstomatchtheproductionperiodofyourenrolledprogramcategories.

• Steerandheiferpaymentratesareblended(64/36) toformacommonpaymentrate.

• Coverageisprovidedonaper-poundbasis.Paymentsarecalculateduptothemaximumliveweightineachcategory.Anyreportedweightabovethemaximumisnoteligibleforpaymentinthatcategory.

Additionaldetailsonthesupportlevel(targetpricemultipliedbyyourcoveragelevel)andmarketpricesarepublishedin the RMP for Livestock Calculating Target and Market Prices Information Sheetwhichisavailableonagricorp.comorbycontactingAgricorp.

ConversionfromrailweighttoliveweightAgricorpwillconvertsalesreportedasrailweightto liveweightasshownbelow:

• Forheifers,railweightiscalculatedas58.5percent ofliveweight

• Forsteers,railweightiscalculatedas60percent ofliveweight

Note: Report the weights as either “live” or “rail” – as they appear on your receipt – do not convert the weights yourself.

CoverageinmultiplecategoriesIfyouenrolinmultiplecategories,yourpaymentwillbecalculatedbasedonallofthematthetimeofsale.

Forexample,ifyouraisecalvesfrombirthandsellthemat800pounds,yourpaymentcalculationwillcovertheweightgainwithinboththecow-calfandthebackgroundercategories,providedyouhaveenrolledinbothcategories.

Ifyouraisecalvesfrombirthandsellthemat1,500pounds,yourpaymentcalculationwillcovertheweightgainunderallthreecategories–cow-calf,backgrounderandfeedlot,providedyouhaveenrolledinallthreecategories.

Paymentcalculationsforalleligiblecategoriesaretriggeredwhentheanimalisultimatelysold.Inlimitedcircumstances,calvesinthecow-calfcategorymaybeeligibleforapaymentwithoutbeingsold(seebelow).

RequestsforpaymentwithoutsaleCalvesenrolledinthecow-calfcategorythatarenotbeing soldmayqualifyforapaymentiftheyarebeingkeptforbreedingpurposes.

Youmayrequestapaymentwithoutsalecalculationforthesecalveswhentheyreachthemaximumeligibleweightinthecow-calfcategory(500poundsforheifersand550poundsforbulls).Torequestpayment,youmustsubmitaPaymentwithoutSaleformtoAgricorp.Thisformisincludedwithyoursalesreportandisalsoavailableonagricorp.com.

Animalssubmittedforpaymentwithoutsalearenoteligibleforcoverageunderthebackgrounderorfeedlotcategories.

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Cow-calf category – Sales reporting schedule

Sales reporting period Deadlinetoreport Informationtoreporteachperiod

January1toJune30 July31 • Numberofsteercalvessold,theiraveragesaleweight, andtheprimarypointofsale

• Numberofheifercalvessold,theiraveragesaleweight, andtheprimarypointofsale

•Dateofsale

•Ifapplicable–PaymentwithoutSaleformforcalves retainedforbreedingpurposes

July1toDecember31 January31ofthenextyear

Backgrounder and feedlot categories – Sales reporting schedule

Sales reporting period Deadlinetoreport Informationtoreporteachperiod

January1toMarch31 April30 •Numberofsteersorheiferssold,theiraveragesaleweight,andtheprimarypointofsale

•Originofallsoldanimals(e.g.,thenumberraisedfrombirth,thenumberpurchasedand,ifpurchased,averagepurchaseweightandpurchasedate)

•Dateofsale/slaughter

April1toJune30 July31

July1toSeptember30 October31

October1toDecember31 January31ofthenextyear

ReportingyourinformationSubmityoursalesreporttoAgricorpaccordingtothescheduleintheRMP for Livestock Rates, Dates and Program Changes Information Sheet.Toremaineligibleforallthecategories,youhavetosubmitasalesreportevenifyouhavezerosalesforthatreportingperiod.Reporttheactualsaleweightasshownonthesales/slaughterreceipt.Reporteachanimalonlyonce,atthefinalsaleweight.Iftheanimalisenrolledinmultiplecategories,theprogramwillautomaticallycalculateallcategorypaymentsbasedonthefinalsaleweight.

ReceiptsCopiesofsales/slaughterandpurchasereceiptsmust beavailableuponrequesttohelpAgricorpverifyprogrampayments.

Whensalesreceiptsarerequested,theymustclearlyshowthefollowing:

• Weight(liveorcarcass)bycertifiedscale–ifacertifiedscaleweightisnotavailable,thereceiptmustshowtheestimatedweightandbesignedbyboththebuyerandtheseller.

•Numberofhead.•Dateofsale.•Nameofsellerandbuyer.•Transactionvalue.

OntarioCornFedBeefLedger Account ProgramThisisariskmanagementtoolofferedbytheOntarioCattleFeeders’Association(OCFA).Theprogram helpsstabilizepricingforparticipatingcattleproducers,encouragingfurthergrowthinthesector.

HowtheLedgerAccountprogramandRMP worktogether:

•Producerscanenrolinbothprograms• CattlesoldthroughtheLedgerAccountprogramarenoteligibleforRMPfeedlotcategorypayments.

• Participantsneedtoreportalleligiblecattlesalesontheirsalesreport,includingthosesoldthroughtheLedgerAccountprogram.AllcattleneedtobeaccountedforbyRMPtomaintainaccurateinsuredproduction.

FormoreinformationontheLedgerAccountprogram,contacttheOCFAat519-686-6226orvisitontariocornfedbeef.com

Please refer to the RMP for Livestock Rates, Dates and Program Changes Information Sheet fordetailsonthecurrentprogramyear’spremiumrates,programandsalesreportingdeadlines.

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Hogs

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RMP: Hogs

Selecting coverageEachyear,youmaychoosetoenrolinoneormoreofthefollowingcategoriesofhogs:

•Earlywean•Feeder•Grower/finisher

RMP:Hogscoverstheeligiblehogsthatyousellduringthecurrentprogramyear.Toreceivefullcoverageforallofyourhogproduction,youmust:

• Enrolalltheeligiblehogsyouexpecttosellthroughout theprogramyear.YourexpectedsaledatemustfallbetweenJanuary1andDecember31ofthecurrentprogramyear.Donotsimplyenrolyourentireinventory.

• Enrolinallthecategoriesthatapplytothehogsyousell.Forexample,ifyouhaveafarrowtofinishoperation,youwouldneedtoenrolinallthreecategoriesinordertobepaidforalleligibleproductionfrombirthtoslaughter.

Pleasebeawarethatbyselectingacategoryforcoverage,youarerequiredtoenrol,paythepremiumandreportallofyoureligiblehogsaleswithinthatcategory.Youwillbeeligibleforpaymentonlyunderyourchosencategories.

YoucanapplyforRMP:Hogsasaneworexistingparticipant.

• Ifyouareenrollinginthehogsplanforthefirsttime, youmustfilloutanapplicationform.

• Ifyoualreadyparticipateinthehogsplan,youwillautomaticallyreceivearenewalform.Reviewthecategories,coveragelevelsandinsuredproductionoutlinedonyourrenewalandmakecoveragechangesifnecessary.

New participantsWhencompletingtheapplication,followthesesteps:

1. Selectplan−SelectRMP:Hogsonyourapplication.2. Selectcategory−Choosethespecifichogcategories

inwhichyouwishtoenrol.3. Selectyourcoveragelevel−Youmaychoosea

coveragelevelof80,90or100percentforeachcategory.Youmaychooseadifferentcoveragelevelforeachcategory.Yoursupportlevelisthetargetpriceforthelivestockcategorymultipliedbyyourchosencoverage level.

4.Recordyourprojectedsales−Completetheprojectedsaleschartbyenteringyouranticipatedhogsalesfortheyearforeachofyourchosencategories.Todetermineaveragesaleweightforthegrower/finishercategory,takethetotalweightforallhogsyouexpecttosellanddividebythenumberofhead.Theaveragesaleweightshouldroughlyfallwithin87.5to159kilogramsliveweight.Ifitdoesn’t,contactAgricorptoensureyouareenrollinginthecorrect categories.

EligiblehogsHogsthatmeetallofthefollowingrequirements areeligible:

•Mustbesoldinthecurrentprogramyear.• Mustnotbeenrolledinthesamecategorymore

than once• MustbeproducedandownedbyyouinOntariofor aminimumlengthoftimeasshownbelow*

• Grower/finisherhogsmustbesoldforslaughtertobeeligibleforpaymentinthegrower/finishercategory

•Mustnothavebeenbred**

* Agricorp considers ownership, price risk and production risk in determining eligibility for program purposes.

** Hogs may be sold for future breeding purposes and still be eligible for coverage under the early wean and feeder categories only.

Hogsmaybeenrolledinanyofthefollowingthreecategories. Remember, you must enrol all of your eligible hogs in each category.

Earlyweans:Youmustowntheseforaminimumof15days.Theytypicallyweighuptosevenkilograms.

Feeders:Youmustowntheseforaminimumof35days.Theytypicallyweighupto25kilograms,andincludeoff-typeanimalssuchasbarbecuepigssoldbetween25and87.5kilogramsliveweightandbreedinghogssoldabove25 kilograms.

Grower/Finishers:Youmustownforaminimumof70days.Thesehogsmustweighatleast87.5kilogramstobeeligibleforpayment,butpaymentisbasedoneligibleweightgainstartingfrom25kilograms.

Ownershiprequirementsarecumulative.Forafarrowtofinishoperation,youmustownthehogsfor120daystobeeligibleunderallthreecategories(15+35+70=120).

Hogssoldoutsidetheseweightrangesmaystillbeenrolled;however,paymentsarebasedontheweightrangesabove.Ifahogissoldabovethemaximumweightrangeforacategory,youarestilleligibleforapayment.

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PaymentsRMPpaymentsareissuedforyoursoldhogswhentheaveragemarketpricefallsbelowyoursupportlevelduringthepaymentcalculationperiod.Theaveragemarketpriceandsupportlevelarecalculatedseparatelyforeachhogcategory.Eachcategoryalsohasaseparatepaymentcalculation.

Forallthreehogcategories:

• Paymentsarecalculatedeveryweekandcompiledaftereachsalesreportingperiod.

• Boththesupportlevelsandthemarketpricesarecalculatedeveryweek,andwillvaryfromweektoweekdependingonfluctuatingcommodityprices.Thesupportlevelandmarketpricearebasedonyourreporteddateofsale.Ifyouareenrolledinmultiplecategories,thesupportlevelsandmarketpricesarecalculatedbackanumberofweekscorrespondingtoeachproductionperiodcategory.

Additionaldetailsonthesupportlevel(targetpricemultipliedbyyourcoveragelevel)andmarketpricesarepublishedintheRMP for Livestock Calculating Target and Market Prices Information Sheetwhichisavailableonagricorp.comorbycontactingAgricorp.

Forearlyweanandfeeders(includingofftypeanimals)Paymentismadeonaper-headbasis,regardlessofactualweight.Thepaymentrateisbasedontheaveragecostofraisingtheanimaltotheweightslistedabove.Forexample,anearlyweansoldat9kilogramsiseligiblefortheearlyweanper-headpaymentifyouowneditforatleast15days.Afeedersoldat35kilogramsiseligibleforthefeederpaymentifyouowneditforatleast35days.

Off-typeanimalsincludebreedinghogsover25kilogramsandhogssoldforbarbecuebetween25and87.5kilogramsliveweight.Theseanimalsaretreatedasfeedersforyoursalesreportingandpaymentcalculation.

Forthegrower/finishercategoryOnlyhogsover87.5kilogramsliveweightthataresoldforslaughterareeligibleforpayment.

Grower/finisherpaymentsarecalculatedonaper-kilogramweightgainbasis,uptoamaximumof134kilogramsweightgainperhog(themaximumloadaverageweightof159kilogramsliveweightminusthedeemedstartingweightof25kilograms).Forexample,ahogweighing175kilogramscanonlybepaidforweightgainupto159kilograms.Anyadditionalweightgainbeyondthemaximumisnotcovered.

Theminimumeligiblesaleweighttotriggerapaymentinthegrower/finishercategoryis87.5kilogramsliveweight.Grower/finisherhogsweighinglessthan87.5kilograms(e.g.,barbecuepigs)andbreedingstockmaybeeligibleforpaymentunderthefeedercategory.

ConversionfromdressedweighttoliveweightAgricorpwillconvertsalesreportedasdressedweighttoliveweightasshownbelow:

•Whentheheadremainswiththecarcass,dressedweightis80percentoftheliveweight•Whentheheadisremovedfromthecarcass,dressedweightis74percentoftheliveweight.

Note: Report weights as either carcass or live as they appear on your receipt. Do not convert the weights yourself.

CoverageinmultiplecategoriesIfyouenrolyourhogsinmultiplecategories,yourpaymentwillbecalculatedbasedonallofthematthetimeofsale.

RaisinghogsfrombirthIf you raise hogs from birth for sale, you may be eligible forpaymentinoneormorecategoriesasshownbelow,dependingonthesaleweightofthehogs.

• Ifyouraiseearlyweansforsale,youmayenrolintheearlyweancategoryonly.

• Ifyouhaveafarrowtofeederoperation,youmayenrolintheearlyweanandfeedercategories.

• Ifyouhaveafarrowtofinishoperation,youmayenrolinallthreecategories:earlywean,feederandgrower/finisher.

• Ifyouselloff-typehogs(i.e.,breedinghogsandbarbecuepigs)raisedfrombirth,youmaybeeligiblefortheearlyweanandfeedercategories.

Purchasing hogsIfyoupurchasehogsandraisethemforsale,youmay beeligibleforthefeederorthegrower/finishercategory,orboth,dependingonthepurchaseandsaleweight ofthehogssold.

• Ifyoupurchaseearlyweanstoraiseforslaughter,youmayenrolinboththefeederandgrower/finishercategories.

• Ifyoupurchaseearlyweanstosellasfeeders,youmayenrolinthefeedercategoryonly.

• Ifyoupurchasefeederstoraiseforslaughter,youmayenrolinthegrower/finishercategoryonly.

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ReportingyourinformationSubmityoursalesreporttoAgricorpaccordingtothescheduleintheRMP for Livestock Rates, Dates and Program Changes Information Sheet.Toremaineligibleforallenrolledcategories,youmustsubmitasalesreport.Ifyouhavezerosales,youmustreportthattoo.Reportonlyhogsthataresoldandeligiblefortheprogram.

• Off-typeanimals:Reportbarbecuepigssoldbetween 25and87.5kilogramsliveweight,andbreedinghogssoldabove25kilogramsliveweight,asfeedersales.

• Liveorcarcassweight:Reporttheactualsaleweightasshownonthesalesreceipt–donotconvertthesaleweight. Alsoindicatewhethertheweightisliveorcarcass,headonorheadoff,asspecifiedonthesalesreceipt.

• Reporteachsoldanimalonlyonce,atthefinalsaleweight.Forexample,a120-kilogrammarkethogyouraised fromfarrowtofinishwouldonlybereportedonce,asagrower/finishersale.Youwouldalsoindicatethat youraisedtheanimalfrombirth.

ReceiptsCopiesofsales/slaughterandpurchasereceiptsmust beavailableuponrequesttohelpAgricorpverifyprogrampayments.

Whensalesreceiptsarerequested,theymustclearlyshowthefollowing:

• Weight(liveorcarcass)bycertifiedscale–ifacertifiedscaleweightisnotavailable,thereceiptmustshowtheestimatedweightandbesignedbyboththebuyerandtheseller.

•Numberofhead•Dateofsale•Nameofsellerandbuyer•Transactionvalue

Feeder and grower/finisher categories – Sales reporting schedule

Sales reporting period Deadline Informationtoreporteachperiod

January1toMarch31 April30 •Numberofhogssold

•Averagesaleweight

•Primarypointofsale

•Originofallsoldanimals(numberraisedfrombirtha ndnumberpurchased)

•Dateofsale/slaughter

•Anyoff-typehogsales(barbecuepigsorbreedinghogs) asfeeder

April1toJune30 July31

July1toSeptember30 October31

October1toDecember31 January31ofthenextyear

Early wean category – Sales reporting schedule

Sales reporting period Deadline Informationtoreporteachperiod

January1toMarch31 April30 •Numberofhogssold

•Averagesaleweight

•Primarypointofsale

•Dateofsale

April1toJune30 July31

July1toSeptember30 October31

October1toDecember31 January31ofthenextyear

Please refer to the RMP for Livestock Rates, Dates and Program Changes Information Sheet for detailsonthecurrentprogramyear’spremiumrates,programandsalesreportingdeadlines.

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Sheep

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RMP: Sheep

Selecting coverageIfyouchoosetoparticipateintheRMPplanforsheep,youarerequiredtoenrolallyourlambproduction,paythepremiumandreportallofyoureligiblelambsales.Youmustalsoprovidetheaveragenumberofewesinyourbreedingflockfortheyear,andindicateifyoupurchaselambsforfurtherfinishing.

RMP:Sheepcoverstheeligiblelambsthatyousellduringthecurrentprogramyear.Toreceivefullcoverageforallofyourlambproduction,youmustenrolalltheeligiblelambsyouexpecttosellthroughouttheprogramyear.YourexpectedsaledatemustfallbetweenJanuary1andDecember31ofthecurrentprogramyear.

YoucanapplyforRMP:Sheepasaneworexistingparticipant.

• IfyouareenrollingintheRMPplanforsheepforthefirsttime,youmustfilloutanapplicationform

• IfyoualreadyparticipateintheRMPplanforsheep,you willautomaticallyreceivearenewalform.Reviewthe coveragelevelsandinsuredproductionoutlinedonyourrenewalandmakecoveragechangesifnecessary.

New participantsWhencompletingtheapplication,followthesesteps:

1. Selectplan−SelectRMP:Sheeponyourapplication.2. Selectcategory − Lambs is the only category available

intheRMPplanforsheep.3. Selectyourcoveragelevel−Youmaychoosea

coveragelevelof80,90or100percent.Yoursupportlevelwillbethetargetpriceforthelivestockcategorymultipliedbyyourchosencoveragelevel.

4. Recordyourprojectedsales−Completetheprojectedsaleschartbyenteringyouranticipatedlambsalesfortheyear.Todetermineaveragesaleweight,takethetotalweightforalllambsyouexpecttosellanddividebythenumberofhead.Theaveragesaleweightmustfallwithin30to126pounds.

EligiblelambsTobeeligibleforpayment,lambsmust:

• Besoldinthecurrentprogramyear• BeproducedandownedbyyouinOntarioforaminimumof30days*

• Weigh30to126pounds(liveweight)attimeofsale•Belessthanoneyearofage•Notbepregnant**

* Agricorp considers ownership, price risk and production risk in determining eligibility.

** Lambs may be sold for future breeding purposes and still be eligible for program coverage.

PaymentsRMPpaymentsareissuedforyoursoldlambswhentheaveragemarketpricefallsbelowtheRMPsupportlevelduringthepaymentcalculationperiod.Paymentsarebasedonthedifferencebetweenthesupportlevelandtheaveragemarketpriceofa75poundlambonperpoundbasis.

• Paymentsarecalculatedsixtimesperyearfollowingeachtwo-monthpaymentperiod,andissuedaftereachsemi-annualsalesreporthasbeensubmittedandprocessed.

• Marketpricesarecollectedweeklyandaveragedforeachtwo-monthpaymentperiod.

•Thesupportlevelremainsconstantfortheprogramyear.

Thecalculationisrepeatedforeachtwo-monthproductionperiodandthepaymentsforthefirstthreeproductionperiodsarecompiledintothefirstsemi-annualpayment.

Additionaldetailsonthesupportlevel(targetpricemultipliedbyyourcoveragelevel)andmarketprices arepublishedintheRMP for Livestock Calculating Target and Market Prices Information Sheetwhichisavailableonagricorp.comorbycontactingAgricorp.

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Conversionfromdressedweighttoliveweight

Agricorpwillconvertsalesreportedasdressedweighttoliveweightasshownbelow:

• Whentheheadremainswiththecarcass,dressedweightis56percentofliveweight

• Whentheheadisremovedfromthecarcass,dressedweightis53percentofliveweight

Note: Report the weights as either ‘carcass’ weight or ‘live’ weight as they appear on your receipt – do not convert the weights yourself.

PaymentcalculationsLambsweighingfrom30poundsupto115poundsliveweightwillhaveapaymentcalculationbasedontheiractualliveweight.

Lambsweighingmorethan115poundsupto126poundsliveweightwillhaveapaymentcalculationbasedonamaximumof115pounds.

Paymentswillnotbemadeforlambsweighinglessthan30poundsormorethan126poundsliveweight.

Note: For lambs born and raised on the farm, the eligible weight gain will be the sale weight. For lambs purchased, the eligible weight gain will be the average sale weight minus the average purchase weight.

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ReportingyourinformationSubmityoursalesreporttoAgricorpaccordingtothescheduleintheRMP for Livestock Rates, Dates and Program Changes Information Sheet.Toremaineligible,youmustsubmitasalesreportevenifyouhavezerosales.Toreportzerosales,youmayindicatezerosalesonyoursalesreportandsubmitonlineorcontactAgricorp.Reportonlylambsthataresoldandeligiblefortheprogram.

Forliveorcarcassweight,reporttheactualsaleweightasshownonthesalesreceipt–donotconvertthesaleweight.Alsoindicatewhethertheweightisliveorcarcass,headonorheadoff,asspecifiedonthesalesreceipt.

ReceiptsCopiesofsales/slaughterandpurchasereceiptsmustbeavailableuponrequesttohelpAgricorpverifyprogrampayments.

Whensalesreceiptsarerequested,theymustclearlyshowthefollowing:

• Weight(liveorcarcass)bycertifiedscale–ifa certifiedscaleweightisnotavailable,thereceiptmustshowtheestimatedweightandbesignedbyboth thebuyerandtheseller.

•Numberofhead•Dateofsale•Nameofsellerandbuyer•Transactionvalue

Sales reporting schedule

Sales reporting period Deadline Informationtoreporteachperiod

January1toJune30 July31 • Numberoflambssold

•Averagesaleweight

•Primarypointofsale

• Originofallsoldanimals(numberraisedfrombirth,numberpurchasedandifpurchased,averageweightatpurchase)

•Dateofsale

July1toDecember31 January31ofthenextyear

Please refer to the RMP for Livestock Rates, Dates and Program Changes Information Sheet fordetailsonthecurrentprogramyear’spremiumrates,programandsalesreportingdeadlines.

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Veal

Agricorp • Participant Handbook • RMP for livestock 23

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RMP: Veal

Selecting coverageEachyear,youmaychoosetoenrolinoneorbothofthefollowingcategoriesofveal:

•Milk-fedvealcalves•Grain-fedvealcalves

RMP:Vealcoverstheeligiblevealcalvesthatyousellduringthecurrentprogramyear.Toreceivecoverageforallyourvealsales,youmustenrolallofthevealcalvesyouexpecttosellthroughoutthecurrentprogramyear.YourexpectedsaledatemustfallbetweenJanuary1andDecember31ofthecurrentprogramyear.

Pleasebeawarethatbyselectingacategoryforcoverage,youarerequiredtoenrolallofyourproduction,paythepremiumandreportallofyoureligiblevealsaleswithinthatcategory.Youwillbeeligibleforpaymentonlyunderyourchosencategories.

YoucanapplyforRMP:Vealasaneworexistingparticipant.

• IfyouareenrollingintheRMPplanforvealforthefirsttime,youmustfilloutanapplication.

• IfyoualreadyparticipateintheRMPplanforveal,youwillautomaticallyreceivearenewalform.Reviewthecategories,coveragelevelsandinsuredproductionoutlinedonyourrenewalandmakecoveragechangesifnecessary.

New participantsWhencompletingtheapplication,followthesesteps:

1. Selectplan−SelectRMP:Vealonyourapplication.2. Selectcategory−Choosethespecificvealcategoriesin

whichyouwishtoenrol.3. Selectyourcoveragelevel−Youmaychoosea

coveragelevelof80,90or100percentforeachlivestockcategory.Youmaychooseadifferentcoveragelevel foreachcategory.Yoursupportwillbethetargetpriceforthelivestockcategorymultipliedbyyourchosencoveragelevel.

4. Recordyourprojectedsales−Completetheprojectedsaleschartbyenteringyouranticipatedvealsalesfortheyear for each of your chosen categories.

EligiblevealcalvesTobeeligibleforpayment,vealcalvesmustbe:

• Soldforslaughterinthecurrentprogramyear. • ProducedandownedbyyouinOntarioforaminimum

of90consecutivedays*• Withintheweightrangesshownbelow(salesreceipts forgrain-fedvealmustshowindividualliveweights)

* Agricorp considers ownership, price risk and production risk in determining eligibility for program purposes.

Vealcalvesmaybeenrolledineitherofthefollowing twocategories:

Vealcategory Weight range (live weight at time of sale)

Rail Weight

Grain-fed Between600–752lb.

(individualweight)*

Between327–410lb.(individualweight)

Milk-fed Between340–675lb. Between199–396lb.

* Grain-fed veal calves sold on a group weight basis are not eligible for payment.

Grain-fed veal calves weighing more than 725 poundsGrain-fedvealcalvesthatweighmorethan725poundsareconsideredoverweight,butmaystillbeeligibleforpartialpaymentaslongastheyweighlessthan752pounds.Thesecalvesareeligibleforapaymentcalculationataratioofoneoverweightgrain-fedvealcalfforevery10eligiblegrain-fedvealcalvessoldat725poundsorless.

Forexample,ifyouhave50eligiblegrain-fedvealcalvesthatweigh720poundsand10grain-fedvealcalvesthatweigh750pounds,yourpaymentwillbecalculatedasfollows:

• Fullpaymentratefor50calvesweighing720pounds(individualliveweight)

• Fullpaymentrateforfivecalves(10%of50)weighing 750pounds(individualliveweight)

• Nopaymentfortheotherfivecalvesweighing750pounds(individualliveweight)

Ifthenumberofoverweightanimalsforthequarterexceedsthe1:10ratio,thefirstreportedsalewillbeusedforcalculatingpaymentsuntilthemaximumratiohasbeenreached.Theseanimalswillbepaidatthepaymentratefortheweektheyweresold.

Usingtheaboveexample,thefirstfiveanimalssoldinthequarterwillbepaidatthepaymentratefortheweektheyweresold.Allanimalswillneedtobeweighedindividuallytobeeligible.

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PaymentsPaymentsareissuedforyoursoldvealcalveswhentheaveragemarketpricefallsbelowthesupportlevelduringthepaymentcalculationperiod.Theaveragemarketpriceandsupportlevelarecalculatedseparatelyforeachvealcategory.Eachcategoryalsohasaseparatepaymentcalculation.

Forbothgrain-fedandmilk-fedveal:

• Paymentratesarecalculatedeveryweekandaccumulatedintoasinglepaymentissuedthree times a year.

• Boththesupportlevelsandthemarketpricesarecalculatedeveryweek,andwillvaryfromweektoweekdependingonfluctuatingcommodityprices.Thesupportlevelsandmarketpricesarebasedonthereporteddateofsale.

Additionaldetailsonthesupportlevel(targetpricemultipliedbyyourcoveragelevel)andmarketprices

arepublishedintheRMP for Livestock Calculating Target and Market Prices Information Sheetwhichisavailableonagricorp.comorbycontactingAgricorp.

ReportingyourinformationSubmityoursalesreporttoAgricorpaccordingtothescheduleintheRMPforLivestockRates,DatesandProgramChangesInformationSheet.Toremaineligibleforallenrolledcategories,youmustsubmitasalesreportevenifyouhavezerosales.Toreportzerosales,youmayindicatezerosalesonyoursalesreportandsubmitonlineorcontactAgricorp.Ifapplyingonline,youwillreceiveaconfirmationnumberwhenyouclickSubmit.WritethisnumberonyoursalesrecordsandsendthemtoAgricorp.Reportonlyvealcalvesthataresoldandeligiblefortheprogram.

Reporttheactualsaleweightasshownonthesales/slaughterreceipt.Reporttheweightsaseither“live”or“rail”–donotconverttheweightsyourself.Salesreceiptsmustaccompanyallsalesreportsforgrain-fedveal.

Milk-fed veal – Sales reporting schedule

Sales reporting period Deadline Informationtoreporteachperiod

January1toMarch31 April30 •Numberofeligiblecalvessoldaccordingtotheir weighttype: -340to675lb.liveweight -upto396lb.railweight

•Copiesofyourslaughter/transactionrecordsor auctionmarketinvoicesshowinganimalweights (grouporindividualweights)

•Dateofsale/slaughter

April1toJune30 July31

July1toSeptember30 October31

October1toDecember31 January31ofthenextyear

Grain fed veal – Sales reporting schedule

Sales reporting period Deadline Informationtoreporteachperiod

January1toMarch31 April30 •Numberofcalvessoldbyliveweightinthefollowingranges: -600to725lb. -over725lb.upto752lb.

•Numberofcalvessoldbyrailweightinthefollowingranges: -327to396lb. -over396lb.upto410lb.

•Dateofsale/slaughter

•Copiesofreceiptsshowingindividualanimalweightsmustaccompanyyoursalesreport

April1toJune30 July31

July1toSeptember30 October31

October1toDecember31 January31ofthenextyear

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ReceiptsCopiesofpurchasereceiptsforbobcalvesorpreconditionedcalvesmustbeavailableuponrequesttohelpAgricorpverifyprogrameligibility(e.g.,minimumownershipof90days).

Sales/slaughterreceiptsarealwaysrequiredforbothgrain-fedandmilk-fedvealcalvesandmustclearlyshowthefollowing:

•Liveorrailweight(mustshowindividualweightforgrain-fedveal) •Numberofhead •Dateofsale •Nameofsellerandbuyer

Please refer to the RMP for Livestock Rates, Dates and Program Changes Information Sheet for detailsonthecurrentprogramyear’spremiumrates,programandsalesreportingdeadlines.

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Definitions

Thesetermsareusedinthisparticipanthandbook,intheinformationsheetsorinboth.

AgriStabilityAprogramdeliveredbyAgricorpinOntariothatprotectswholefarmsagainstlargemargindeclinescausedbyanycombinationofproductionlosses,adversemarketconditionsorincreasedcosts.Asof2015,participationinthisprogramisnolongeraneligibilityrequirementforRMP.

BFOBeefFarmersofOntario

BRMRCTheBusinessRiskManagementReviewCommitteereviewsdecisionsbyAgricorpforproducerswhorequestthem.Producersmustprovidevalidgroundsandinformationtowarrantreviews.

CattleAbovineofabeef-typebreedraisedprimarilyformeatandproducedinOntarioforatleast120consecutivedays;includescalves,steersandheifers.

CoveragelevelThepercentageofthetargetpricethatwillbecoveredforalivestockcategory,whichdeterminesthesupportlevel.Participantsmaychooseacoveragelevelof80,90or100percentforeachcategory.

Dressedweight

Cattle:Thecarcassorrailweightofaslaughtered steerorheifer.Forheifers,dressedweightis58.5percentofliveweight;forsteers,dressedweightis60percent ofliveweight.

Hogs:Thecarcassweightofaslaughteredhog.Dressedweightis80percentoftheliveweightwiththeheadon,and74percentofliveweightwiththeheadoff.

Sheep:Thecarcassweightofaslaughteredlamb.Dressedweightis56percentoftheliveweightwiththeheadon,and53percentoftheliveweightwiththeheadoff.

Veal:Thecarcassorrailweightofaslaughteredvealcalf.Dressedweightis54.5percentoftheliveweightforagrain-fedcalfand58.5percentofliveweightforamilk-fedcalf.

EligibleproductionTheproductionorweightgainofOntario-grownlivestockwithintheallowableweightrangesofacategory,andcoveredbytheprogram.

EligiblesaleAcommercialtransactioninwhichpossessionofananimalistransferred.Salesmusttakeplacewithinthecurrentprogramyear.Eligiblesalesdonotincludethetransferofcondemnedanimalsordeadstock.Transferoftitle(legalownership)forthepurposeofsecurityofinterestisnotconsideredaneligiblesale.

InsuredproductionAnestimateofthetotaleligibleproductionpercategorythattheparticipantplanstosellduringtheprogramyear.

LiveweightTheactualweightofananimalnotyetslaughtered(beforeanydeductionsareapplied)ortheconvertedweightofacarcassafterprogramdressedweightpercentagesareapplied.Participantsmustreportactualcarcassweightsorliveweights-whicheverisshownonthesalesreceipt.

Market priceTheaveragesalepriceforananimalwithinalivestockcategory.Thesearegatheredovertheproductionorsalesperiodandcomparedtothesupportleveltocalculateanyeligibleprogrampayments.AdditionaldetailsonthemarketpricesarepublishedintheRMP for Livestock Calculating Target and Market Prices Information Sheetwhichisavailableonagricorp.comorbycontactingAgricorp.

Agricorp • Participant Handbook • RMP for livestock 27

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New participant

Aproducerwhoisnotcurrentlyparticipatinginanyof theRMPforlivestockplans.

Ontario PorkOntarioPorkProducers’MarketingBoard

OSMAOntarioSheepMarketingAgency

OVAOntarioVealAssociation

Ownership Therightofpossessionoflivestockandtheirassociatedrisks.Agricorpconsidersownership,priceriskandproductionriskindeterminingeligibilityforprogrampurposes.Possessionoftitleforthesolepurposeofsecurityofinterestisnotsufficientforprogrameligibility.

PaymentwithoutsaleCalvesenrolledinthecow-calfcategorythatarenotbeingsoldmayqualifyforapaymentwithoutsaleiftheyarekeptforbreedingpurposes.Thedateofeligibilitymustoccurwithinthecurrentprogramyear.

PremisesIdentificationAprogramofferedbytheProvincialPremisesRegistrythatassignsauniqueidentifyingnumbertoaparceloflandassociatedwithagriculturalactivities.PremisesIDnumbersarerequiredforcoverageunderallRMPforlivestockplans.

PremiumTheamountofmoneyaproducerisrequiredtopayforcoverage of their livestock.

Production periodThemaximumtimeinwhichthetargetpriceiscalculatedandappliedwithinacategory.Thesevarybythetypeoflivestockandcategory.

ProgramyearThecalendaryearfromJanuary1toDecember31.

RaisedfrombirthLivestockhavingbeenweanedinacow-calf,farrow, orlambingproductionsystem.

Reporting periodThetimelineswhenactuallivestocksalesmustbereportedinordertocalculatepayments.

Support level Thetargetpriceforalivestockcategorymultipliedbytheparticipant’schosenlevelofcoverage.

TargetpriceTheindustryaveragecostofproducinglivestockwithinaproductionperiodasdeterminedbytheMinistryofAgriculture,FoodandRuralAffairs,formerlyknownascostofproduction.Additionaldetailsonthecurrentyear’stargetpricesarepublishedintheRMP for Livestock Calculating Target and Market Prices Information Sheetwhichisavailableonagricorp.comorbycontactingAgricorp.

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Notes:

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Notes:

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NoliabilitytotheCrown:HerMajestytheQueeninrightofOntarioisnotliabletoyou,youragent,employeesorassociatesforanydamage,injury,claimorlosswhatsoeverandregardlessofcause,arisingoutoftheriskmanagementprogramsforlivestockandparticipationinany ofthefollowingplans:RMP:Cattle,RMP:Hogs,RMP:SheeporRMP:Veal.

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AnagencyoftheGovernmentofOntario,Agricorpworkswithgovernmentandindustrypartnerstocontributetoavibrantandsustainableagriculturalindustry.Agricorpdeliversprogramstohelpproducersacrossallsectorsmanageallkindsofrisksincludingfinancial,environmentalandmarket-driven.Theagencywasestablishedin1997bytheprovincialgovernmentunderauthorityoftheAgricorpAct,1996.AgricorpadministersRMPforlivestockonbehalfoftheOntarioMinistryofAgriculture,FoodandRuralAffairs.

Contactus1-888-247-4999Fax:519-826-4118TTY:1-877-275-1380Accessible formats [email protected],7a.m.to5p.m.

Versionfrançaisedisponible

2015

-02-

03