AgriStability

Overview

AgriStability is an important part of a comprehensive suite of risk management programs. AgriStability protects producers from large declines in their farming income caused by production loss, increased costs or market conditions.

Your allowable income and expenses for all the commodities you produce are used to calculate your margins, protecting the income of your whole farm.​

Program updates

Secure AgriStability coverage by June 30

The federal and provincial governments have extended the deadline for 2022 AgriStability applications and fee payment to June 30, 2022. The extension gives new and existing AgriStability customers more time and flexibility to assess evolving risks and consider how AgriStability can help manage those risks.

Read more in Farmers now have until June 30 to secure AgriStability coverage.

Ontario compensation rate increased

The provincial portion of the compensation rate for AgriStability has been increased from 70% to 80%.  This is being paid as top‑up, which will be paid separately from any initial AgriStability payments.

To learn more, read How AgriStability enhancements improve support for farmers.

Removal of reference margin limit increases coverage for farmers

With the removal of the reference margin limit, which was based on a farm's average expenses, the reference margin is once again based on recent average net income, potentially leading to a higher reference margin. A higher reference margin means less of a production margin decline is needed for payments to get triggered, improving coverage for many farmers.

To learn more, read How AgriStability enhancements improve support for farmers.

Reminder

AgriStability interim payments

An AgriStability interim payment could provide cash flow now – when producers need it most. Customers whose income has declined substantially and have completed six months of their fiscal year can submit an interim payment application. Interim payments are 50 per cent of a producer's estimated final payment.

Do you have private income insurance?

To increase the potential for AgriStability payments, private insurance indemnity payments will be excluded from calculating a participant's program year margin. How Production Insurance is treated remains unchanged.

Private insurance refers to third-party, producer-funded coverage for revenue losses of allowable commodities. Private insurance does not refer to Production Insurance or non-agricultural insurance coverage, such as property insurance.

For more information, see the AgriStability program guidelines or call Agricorp.

Your AgriStability Pr​​​otection

Why include AgriStability in your busi​​​​​​​​​ness risk management plans?

A visual representation of AgriStability benefits​Funding part​​​n​ers

AgriStability is part of the suite of programs established under the Canadian Agricultural Partnership agreement on agricultural policy. The costs of AgriStability are shared by the federal and provincial governments on a 60:40 basis. In Ontario, AgriStability is delivered by Agricorp.

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Canadian Agricultural Partnership – Agricorp – Ontario – Canada