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Source verified July 8, 2026
Production Insurance – Soybeans
Protects soybean yields from production loss
Latest source updateLast Update: July 8, 2026Latest change: Agricorp updated the soybean publications and feature sheet to use Identity Preserved (IP) tofu and natto wording, with materially revised eligible variety listings.View change
Latest source update
Last Update: July 8, 2026
Latest change: Agricorp updated the soybean publications and feature sheet to use Identity Preserved (IP) tofu and natto wording, with materially revised eligible variety listings.
Soybean variety guidance updated
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.
Funding available
Up to 60% of project cost
Deadline
July 10, 2026
Location
Ontario, Canada
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.
/100
Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Ensure financial sustainability
Eligible Funding
- Up to 60% of project cost
Funds Providers
Eligible candidates
Eligible Industries
- All industries
Location
- Ontario
Legal structures
- For-profit business
- Sole proprietorship
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- All groups
Next Steps
1
Determine your project
2
Validate your eligibility
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.
Official resources
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.
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
Other components of this program
Explore related funding streams and grants that belong to the same program.
- Production Insurance – Bee HealthCoverage for overwintered bee colony losses
- Production Insurance – Winter wheatProtection against winter wheat yield losses
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
What expenses are eligible under Production Insurance – Soybeans?
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.
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