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AgriStability funding can offset production challenges

Agristability enrolment deadline extended to June 30.
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In the last five program years, Saskatchewan producers have received over $435 million in benefit payments.

REGINA — The deadline for enrolment in the AgriStability for the 2022 program year has been extended without penalty to June 30.

This step, agreed to by federal, provincial, and territorial governments, will help producers manage the impact of avian influenza (bird flu), current market disruptions, increased expenses and production challenges facing many farm operations, according to a press release.

AgriStability coverage is personalized for each farm by using historical data to calculate a program year margin and a reference margin, the release explains. AgriStability helps protect a producer's bottom line against production loss, increased costs or market conditions. In the last five program years, Saskatchewan producers have received over $435 million in benefit payments.  

Recent changes to the AgriStability Program make it more responsive for producers. Removing the reference margin limit from the AgriStability Program means payments are more predictable, more equitable and more efficient across all agriculture sectors. 

To enrol in the program, Saskatchewan producers can provide all the necessary information over the phone. Producers can also complete a contact form to begin the application process and request a call back from AgriStability staff. The contact form is available at https://www.scic.ca/agristability/how-to-enrol. Staff are available to assist producers over the phone at 1-866-270-8450 or through email (agristability@scic.ca), Monday to Friday, 8 a.m. to 5 p.m.

 

 

 

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