Alberta’s farmers and ranchers are seeking ways to safeguard their operations amid market uncertainty and other pressures in the ag industry.
With that in mind, federal, provincial and territorial governments have extended the AgriStability enrolment deadline to July 31 for the 2025 program year. This extension allows producers more time to assess their risks and understand how AgriStability can assist in managing them.
AgriStability, a margin-based program, helps producers manage financial losses due to production loss, increased costs or changing market conditions.
“AgriStability is a comprehensive proactive risk management program, providing financial support when an operation has a sharp drop in their farming income,” explained Daniel Graham, Agriculture Financial Services (AFSC) manager of AgriStability and Pricing.
“Assistance is triggered when the operation’s current income is less than 70 per cent of the historical average, helping a farm maintain financial viability in times of uncertainty.”