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Production Insurance – Soybeans

Protects soybean yields from production loss

Offered by
Agricorp
Official source: agricorp.com

Source change captured

Funding available
Up to 60% of project cost
Deadline
Unspecified
Location
Ontario, Canada
Who can apply
Ontario soybean producers.
See full eligibility

Overview

Production Insurance for soybeans supports Ontario producers under a cost-shared model, with producers paying 40% of most premiums and the federal and provincial governments covering 60%. It covers conventional, organic, Identity Preserved (IP) tofu, Identity Preserved (IP) natto, and pedigreed seed soybeans, plus production loss, unseeded acreage, and replant coverage.

At a glance

Funding available

Maximum share of project costs
60%
Financing goals
  • Ensure financial sustainability

Eligible candidates

Location
  • Ontario
Eligible Industries
All industries
Annual revenue
All revenue ranges
Organisation size
All organization sizes
Audience
All groups
Legal structures
For-profit business, Sole proprietorship

Receipt of requests is now closed

Get notified about updates to this grant.

Availability timeline

2026
Periods: 2

Latest changes

Soybean variety guidance updated

Agricorp updated the soybean publications and feature sheet to use Identity Preserved (IP) tofu and natto wording, with materially revised eligible variety listings.

See more

Agricorp updated the Insurable Varieties Identity Preserved (IP) Tofu and Natto Soybeans 2026 Feature Sheet and the soybean publications list to use IP tofu and IP natto wording. The eligible variety tables were materially revised, with added and removed varieties and distributor reordering across the IP listings. The contact section on the feature sheet also lost the TTY phone line. No program dates, deadlines, funding amounts, or coverage rates were changed.

Official source: agricorp.com
July 8, 2026

Eligibility

Who is eligible?

  • Ontario soybean producers.
  • Landlords and sharecroppers insuring their respective shares of the crop.
  • Producers growing conventional, organic, Identity Preserved (IP) tofu, Identity Preserved (IP) natto, or pedigreed seed soybeans.

Ineligible Costs and Activities

  • Loss or damage due to storage conditions.

Activities funded

  • Production loss coverage for soybeans.
  • Unseeded acreage coverage for spring-seeded crops.
  • Replant coverage when an insured peril forces you to replant some or all acres.
  • Quality factoring for soybeans with green soybeans, Identity Preserved (IP) tofu and natto, and pedigreed seed soybeans.

How to apply

  • Apply for coverage for the 2026 program year by May 10, 2026 if you are a new customer.
  • Add or remove commodities by May 10, 2026 if you are an existing customer.
  • Change existing coverage, including coverage levels, claim price, and other coverage options, by May 10, 2026.

Processing and Agreement

  • A claim may be paid if an insured peril causes your yield to fall below your guaranteed production.
  • Claim payments for unseeded acreage are made to the landlord only, and claim payments under replant coverage are paid to sharecroppers only.

Additional information

  • When a deadline falls on a weekend or public holiday, Agricorp considers it completed on time if it is received on the next open business day.
  • Contact Agricorp immediately if your business structure changes, including name, address, shareholders, and farm management practices.
  • Payments are made within the year the loss occurred in most cases.

Contacts

contact@agricorp.com
1-888-247-4999

Official sources

Deadlines

Program guide

Appeal decisionContract of InsuranceContract of Insurance - General Terms

Application form

Assignment of Indemnity - Production Insurance

Supporting document

Commodity-Specific Terms: Grains and OilseedsGood Farm Management Practices Feature SheetInsurable Varieties Identity Preserved (IP) Tofu and Natto Soybeans 2026 Feature SheetPublicationsSupporting document
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Frequently Asked Questions about the Production Insurance – Soybeans Program

What is the Production Insurance – Soybeans?

Production Insurance for soybeans supports Ontario producers under a cost-shared model, with producers paying 40% of most premiums and the federal and provincial governments covering 60%. It covers conventional, organic, Identity Preserved (IP) tofu, Identity Preserved (IP) natto, and pedigreed seed soybeans, plus production loss, unseeded acreage, and replant coverage.

How much funding can be received?

Production Insurance – Soybeans Funds up to 60% of admissible expenses.

Who is eligible for the Production Insurance – Soybeans program?

To be eligible for the Production Insurance – Soybeans program, you must: Grow an insurable soybean type Insure 100% of your acres for each crop Follow good farm management practices

Who can I contact for more information about the Production Insurance – Soybeans?

You can contact Agricorp by email at contact@agricorp.com or by phone at 1-888-247-4999.

Where is the Production Insurance – Soybeans available?

The Production Insurance – Soybeans program is available the province of Ontario.

Is the Production Insurance – Soybeans a grant, loan, or tax credit?

Production Insurance – Soybeans is a Grant and Funding

Who are the financial supporters of the Production Insurance – Soybeans?

Production Insurance – Soybeans is funded by Agricorp