The rate of assistance has fallen with some hiccups from approximately 40 percent in the late 1980s to the present; it has fallen faster than that of the EU and is now comparable to the rate provided by the U. [...] Thus, the federal government ended the CWB system with the Marketing Freedom for Grain Farmers Act (2011), and the Wheat Board ceased to be the sole marketer of western wheat and barley in 2012. [...] Under GF2, the coinsurance component is 30% (payouts are based on 70% of the coverage of the eligible decline) regardless of the degree to which income falls (as was the case with GF). [...] One can think of the former as protecting agricultural producers against the loss of variable costs that have been invested at the time of planting and throughout the growing season; these are costs related primarily to the buying and planting of seed, the purchase and application of fertilizers, herbicides and pesticides, and the costs of operating machinery. [...] 5.1 Recommendations for EU Policymakers The choice to rely on agricultural business risk management programs is a political choice that needs to take into account two factors: (1) the extent to which the authority wishes to subsidise farmers, and (2) the efficiency (or perhaps the effectiveness) of the BRM suite is chosen.
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- Canada
