Resolution Title: | Hedging Risk for Livestock and Grains |
Year: | 2013 |
Resolution #: | L-03-2013 AGM |
Resolution: | Department: Canadian Federation of Agriculture & Agriculture and Agri-Food Canada WHEREAS producers now more than ever need to actively manage their own risk through forward pricing and hedging due to deficient government business risk management programs; WHEREAS the financial risk involved in hedging (margin calls) is a real barrier to increased producer participation in hedging livestock and grain; WHEREAS the federal government has commissioned a study to investigate the feasibility of providing loan guarantees for margin calls; BE IT RESOLVED that APAS work through the CFA to lobby the federal government to initiate a pilot program for the pork industry for this concept. |