In a bid to alleviate the administrative burdens faced by Alberta’s farmers, the Governments of Canada and Alberta have announced significant changes to Agriculture Financial Services Corporation (AFSC)’s AgriStability program. These changes are set to reduce paperwork and lower costs for producers. Starting in 2025, a new option will allow farmers to align their AgriStability…
Historical AgriStability analysis demonstrates that capturing full winter feed and pasture cost, along with removing feed inventory price swings during droughts, could significantly improve the responsiveness of the AgriStability program for Alberta’s cow-calf sector. A pilot study will be undertaken to determine the most appropriate program design under various winter-feeding practices. In early 2023, AFSC…
The cattle market is strong right now, and that’s a relief to a lot of cattle producers. But why don’t we have new producers flocking to the industry? A major barrier is the lack of effective agri-insurance. Cattle producers have managed through drought in the last five years, and that’s something current insurance options don’t…
Farmers and ranchers impacted by drought and wildfires can now enroll in the newly reopened AgriStability program. While enrolment for this year’s AgriStability program previously closed in the spring, the Government of Alberta and Agriculture and Agri-Food Canada announced last week that producers can sign up for late participation until September 29. “Our government has…
The Federal, Provincial, and Territorial Ministers of Agriculture announced the Sustainable Canadian Agricultural Partnership following their Annual Meeting. This five-year agreement, in principle, will see $500 million in new funds, increasing the cost-shared portion of funding by 25 percent. Ministers agreed to improve Business Risk Management (BRM) programs, with a raise to the AgriStability compensation…
Farming in Alberta can be unpredictable, but Agriculture Financial Services (AFSC) is committed to providing solutions to help Alberta’s producers do what they do best – build, grow and succeed. We offer a range of lending and risk management options. Lending AFSC offers a dependable source of financing for Alberta farmers and agribusinesses through our…
Since I joined ABP in November 2020, there has been a constant flurry of activity tackling an unprecedented number of issues. I am grateful for the learning experience but more candidly, we all keep hoping and expecting things to return to normal. I work with politicians and other government staff to provide input on programs…
The Canadian government has extended the 2022 AgriStability enrolment deadline from April 30 to June 30, 2022, giving farmers more time to sign up for the program. According to the release, this step was agreed up by the federal, provincial, and territorial governments to help farmers manage the impact of challenges related to production loss,…
With severe drought conditions affecting livestock operations across the prairies, beef producers are urging government action on drought relief. Perspectives – Conditions across the province – Insurance and alternate feed options – Contact your local municipality – Additional resources Perspectives “The lack of moisture and extremely high environmental temperatures in our area are quickly decimating…
Alberta Beef Producers (ABP) is imploring farmers and ranchers who are experiencing significant impacts due to extremely dry or drought conditions, to contact their municipality and urge them to declare a municipal agricultural disaster. Concerns over limited feed resources and access to quality water, have some beef producers struggling to maintain their herd sizes. “[ABP…
In light of the recent changes to AgriStability, the enrolment deadline has been extended, without penalty, from April 30 to June 30, 2021. The extension will give producers a chance to review the program following the removal of the reference margin limit, retroactive to the 2020 program year. ABP welcomes decision on removal of AgriStability…
At the 2021 Annual General Meeting (AGM), held virtually, the Canadian Cattlemen’s Association (CCA) Board Members re-elected Bob Lowe (AB) and Reg Schellenberg (SK) as President and Vice President, respectively, and set CCA’s path forward for the upcoming year. During a productive AGM, CCA discussed the beef industry’s priorities for the year ahead, including focusing…
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