Ontario poultry farmers are encouraged to think about how AgriStability can help them manage their 2015 farm risk, notably in light of the recent outbreak of avian influenza. Producers who miss the April 30 deadline to apply are encouraged to contact Agricorp right away to discuss their options.
AgriStability helps protect against unexpected, large declines in income caused by any combination of production loss, market conditions and increased costs.
If a producer's net farming income falls below the disaster threshold of 70 per cent of their recent average, AgriStability will help offset the difference. Following 2013 program changes, supply managed and non-supply managed commodities have the same coverage available through the AgriStability program.
Producers in financial distress can apply to receive an advance on their estimated AgriStability payment to help them with cash flow.
For information about how payments are calculated, read What you need to know about AgriStability on agricorp.com or call 1-888-247-4999 to speak with a customer care representative.
AgriStability is an important part of a comprehensive suite of business risk management programs provided by the federal and provincial government.