Farmers will have more time to enroll in AgriStability.
Federal Ag Minister Marie-Claude Bibeau and Agriculture Minister David Marit have extended the 2022 AgriStabaility program enrollment deadline without penalty to June 30, 2022.
The move is designed to help producers manage the impact of avian influenza (bird flu), current market disruptions, increased expenses and production challenges.
Bibeau says many producers are facing stress and uncertainty due to circumstances beyond their control.
"This step to extend the enrollment deadline will help more producers manage the impact of challenges facing their farm operations and provide them with more time to take advantage of the support available under AgriStability."
AgriStability helps protect a producer's bottom line against production loss, increased costs or market conditions.
Marit says the uncertainty of this year's growing season it reinforces the importance of the Business Risk Management Programs, noting the deadline extension gives producers additional time to customize their risk management package for their operations.
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 program means payments are now more predictable, more equitable and more efficient across all agriculture sectors.
More information on the program is available at https://www.scic.ca/agristability/how-to-enrol, by email at agristability@scic.ca or by calling 1-866-270-8450.
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