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Participant HandbookRisk Management Program
RMP for livestockCattle • Hogs • Sheep • Veal
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).
Agricorp • Participant Handbook • RMP for livestock 3
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
Agricorp • Participant Handbook • RMP for livestock4
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.
Agricorp • Participant Handbook • RMP for livestock 5
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.
Agricorp • Participant Handbook • RMP for livestock6
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.
Agricorp • Participant Handbook • RMP for livestock 7
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
Agricorp • Participant Handbook • RMP for livestock8
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.
Agricorp • Participant Handbook • RMP for livestock 9
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.
Agricorp • Participant Handbook • RMP for livestock10 Agricorp • Participant Handbook • RMP for livestock10
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.
Agricorp • Participant Handbook • RMP for livestock 11Agricorp • Participant Handbook • RMP for livestock 11Agricorp • Participant Handbook • RMP for livestock 11
Cattle
Agricorp • Participant Handbook • RMP for livestock12
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.
Agricorp • Participant Handbook • RMP for livestock 13
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.
Agricorp • Participant Handbook • RMP for livestock14
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.
Agricorp • Participant Handbook • RMP for livestock 15
Hogs
Agricorp • Participant Handbook • RMP for livestock16
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.
Agricorp • Participant Handbook • RMP for livestock 17
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.
Agricorp • Participant Handbook • RMP for livestock18
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.
Agricorp • Participant Handbook • RMP for livestock 19
Sheep
Agricorp • Participant Handbook • RMP for livestock20
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.
Agricorp • Participant Handbook • RMP for livestock 21
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.
Agricorp • Participant Handbook • RMP for livestock22 Agricorp • Participant Handbook • RMP for livestock22
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.
Veal
Agricorp • Participant Handbook • RMP for livestock 23
Agricorp • Participant Handbook • RMP for livestock24
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.
Agricorp • Participant Handbook • RMP for livestock 25
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
Agricorp • Participant Handbook • RMP for livestock26
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.
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.
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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:
NoliabilitytotheCrown:HerMajestytheQueeninrightofOntarioisnotliabletoyou,youragent,employeesorassociatesforanydamage,injury,claimorlosswhatsoeverandregardlessofcause,arisingoutoftheriskmanagementprogramsforlivestockandparticipationinany ofthefollowingplans:RMP:Cattle,RMP:Hogs,RMP:SheeporRMP:Veal.
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
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