WINNIPEG – Payouts to Western Canadian farmers for crop hail damage are up more than 50 per cent this year over last year.
The Canadian Hail Crop Association estimates payments of just over 256-million dollars were made this year on nearly 20-thousand claims — up from 167-million dollars in 2015.
The association says Manitoba was hardest hit in terms of loss ratio, followed by Alberta and Saskatchewan.
David Koroscil with Manitoba Agricultural Services Corporation tells 680 CJOB, this has been an unusually bad year for claims.
“This year we saw over 47-hundred claims, and so far we’ve payed over 39-million dollars to date. We’re expecting probably 2 to 3 million more payed out by the time all the claims are processed.”
An unusually large number of claims from late-season storms last month and into the first week of this month are still being assessed.