Organic producers are eligible for coverage under Agricorp's business risk management programs and specialized production insurance. The Grain Financial Protection Program ensures stability in the Ontario grain trade by protecting producers and owners from dealer or elevator failures. It provides coverage of up to 95% for claims resulting from non-payment or inability to access stored grain within required timelines, with lower coverage levels for longer deferred payment arrangements. Producers must sell only to licensed entities and notify Agricorp immediately of any payment or storage issues in order to make a claim through the Grain Financial Protection Board.

1. Tailoring Business Risk
Management to Organic
Geoff Smith, Agricrop
Henry Van Ankum, Grain Financial Protection Board

2. Overview of Grain Financial
Protection Program
April 2019
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3. Agricorp – programs we deliver
• Production Insurance (AgriInsurance)
• AgriStability
• Risk Management Program (G&O, Livestock, SDRM)
• Provincial Premise ID
• Farm Business Registration
• Farm Property Class Tax Rate Program
• Grain Financial Protection Program
• Ontario Beef Cattle Financial Protection Program
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4. Organics
• Organic production eligible for coverage under all
programs Agricorp delivers
• Business risk management programs based on
commodity value reflects organic production
(AgriStability, forage rainfall program)
• Specialized production insurance coverage to better
reflect production and market prices (corn, soybean,
winter wheat and spelt, carrots, cabbage, sweet corn)
• Financial protection available through Grain Financial
Protection Program and Ontario Beef Cattle Financial
Protection Program
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5. Organic corn salvage benefit
Tier Benefit amount
3-5 ppm $0.52/ bushel
5-8 ppm $0.79/bushel
8+ ppm $1.08/ bushel
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• On March 18, Minister Bibeau and Minister Hardeman announced
improvements to the salvage benefit
• New tiered approach reflects the increased costs associated with
higher DON levels and aligns with the industry's practice of
segregating affected corn by DON levels
• Leading up to harvest, Agricorp will provide more details to customers
about the enhanced corn salvage benefit.

6. Grain Financial Protection Program
Ensures confidence and stability in the Ontario grain trade for:
• producers who sell store canola, corn, soybeans and wheat to
licensed dealers.
• producers/owners who store grains and oilseeds at licensed elevators.
• Grains Act and Farm Products Payments Act sets out the authorities
and requirements of the Grain Financial Protection Program
• Dealers and elevator operators must be licensed annually and must
meet their payment or storage obligations.
• Industry and government share in the costs of the program.
• Commodity funds are established via producer check off from sales of
corn, soybeans, wheat, canola.
• Producers can apply for a claim against this fund in the event of a
dealer or elevator fails to pay or provide stored crop on request.
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7. Agricorp activities include
1. Licence dealers/elevators
• Assess financial strength of dealer/elevators
• Hold security if required
2. Audits and inspections
3. Respond to complaints
4. Program management
5. Communicate with stakeholders
• OMAFRA
• Ontario Agri-Business Association
• Producer organizations
• Grain Financial Protection Board
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8. Responsibilities for selling canola,
corn, soybeans, wheat
Producers:
1. Sell crops only to licensed
dealers.
2. Cash cheques within five
banking days of the date
the cheque is made
payable.
3. Notify Agricorp immediately
if the dealer fails to meet
the required payment
timelines.
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Grain dealers:
1. Hold and post a valid
dealer license.
2. Deduct your checkoff fees
and send to OCGA/GFO
3. Make payments to you
within required timelines
List of licensed dealers is
posted on Agricorp.com

9. Responsibilities for storing grains and
oilseed crops
Producers/owners:
1. Store only at licensed
elevator operators
2. Ensure you receive and
keep weigh tickets for each
delivery
3. Ensure you receive and
keep a complete, signed
and accurate grain storage
receipt within 45 trading
days
4. Notify Agricorp immediately
if the elevator fails to meet
storage obligations.
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Elevators:
1. Hold and post a valid
elevator license.
2. Issue a weigh ticket for
each load received
3. Issue grain storage
receipts within 45 trading
days or within 5 days of
request
4. Release grain to owner
upon request.
List of licensed elevators
is posted on Agricorp.com

10. Customer payment timelines
Payment
arrangement
Upon delivery or out of
storage
Deferred payment
arrangement
Sales upon
delivery
Paid within 10 trading days Paid by the date specified
in the deferred payment
arrangement
Sales out of
storage
Paid by 2 pm on the 5th
trading day after the sale
Basis Contracts Minimum of 60% of the
market price issued within
required timelines, according
to payment arrangement.
Minimum of 60% of the
market price issued within
required timelines,
according to payment
arrangement.
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11. If there is an issue
• Producers need to notify Agricorp immediately of any failure to meet
payment or storage conditions
• Agricorp will follow up on concern with dealer/elevator
• If appropriate, Agricorp will provide a claim package to complete
• Producer to submit claim package and documentation to Grain
Financial Protection Board Corporate Secretary
• Grain Financial Protection Board oversees management of funds
including adjudication of claims
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12. Grain Financial Protection Board (GFPB)
• Board was established in 1985, classified as a Board-
Governed Provincial Agency
• Operates under the authority of Farm Products Payments
Act and Ontario Regulation 70/12
• Board members are appointed by Minister of Agriculture,
Food and Rural Affairs (accountable to the Minister)
• Includes representation from producer commodity
organizations and dealer/elevator industry
• Board has a service contract with Agricorp for
Governance, Secretariat and Financial Services.
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13. Grain Financial Protection Board
Mandate:
• To administer its fund;
• To investigate all claims made to it under this Act and to
determine the extent of their validity;
• To grant or refuse the payment of claims or any part
thereof and determine the amounts and manner of
payment;
• To recover any money to which it is entitled under this
Act by suit in a court of competent jurisdiction or
otherwise.
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14. GFPB claim process
Board’s process starts when a producer submits an application for potential
payment from the Funds
• Producer submit claim package and documentation to Board Corporate
Secretary
• Claim application review and investigation
• Board meeting for consideration of claim
• Reviews, discusses and makes decision on claim
• It is the Grains Act, Farm Products Payments Act and Ontario Regulation
that provide the governance when board is considering and making
decisions on claims.
• Post-Decision (all parties informed of boards final decision)
• Recoveries to the Funds (Board takes the appropriate next steps to recover
any money to which they are entitles under the FPPA)
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15. Key points for producers/ owners
• Ensure you sell to a licenced dealer/ elevator.
• If dealer/ elevator fails to pay you within 10-days, call
Agricorp’s Chief Inspector immediately that payment was
not received (prompt notification).
• It is your responsibility to submit claim with
documentation to the board within the 30 day period
which runs from the first day on which grounds for
making the claim arose.
• Proper documentation such as weigh slips, tickets, contracts are used by
the board to validate amounts/ claim being made.
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16. Coverage Levels by Length of Deferred
Payment Arrangement
Length of deferral ** Maximum coverage on approved claims
No deferral 95%
1 to 45 calendar days 50%
46 to 90 calendar days 40%
91 to 135 calendar days 30%
136 to 180 calendar days 20%
Over 180 calendar days 0%
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In the case a claim made in respect to deferred payment arrangements
for grain that is sold, the following are the coverage levels by length of
deferred payment arrangement on approved claims:
** Length of deferral refers to the length of deferral after the 10th trading day
following sales on delivery, or after 2p.m. on the 5th trading day following
sales from storage.

17. Where can you get more information
1-888-247-4999
agricorp.com
contact@agricorp.com
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