A review of the Business Risk Management programs is set to begin next year.

Federal Agriculture Minister Lawrence MacAulay has set up an 11 member external review panel that consists of academics, industry representatives, farmers and ranchers.

Lane Stockbrugger, a grain and oilseed producer from Humboldt, is one of the 11 member panels and is looking forward to the challenge.

"These programs can become very convoluted and difficult to understand," he said. "I think making sure that it's a program that is as easy as possible for the farmer to understand and apply for, and a kind of a key underlying theme that I will be looking forward as we get into it."

Business Risk Management programs help farmers manage risks that threaten the viability of the farm that is outside of their control.

Stockbrugger talked about their role.

"Looking at all of the business risk management programs to determine what's their level of effectiveness today," he said. "What would we like to see regarding recommendations or changes to be made to those, and the big programs, like Agri-stability, Agri-insurance, Agri-invest, and Agri-recovery."

Business Risk Management programs help farmers manage risks that threaten the viability of the farm that is outside of their control.

The panel will meet through the winter and spring of 2018 and will have a final report ready for the Federal, Provincial and Territorial Agriculture ministers Annual Meeting in July.