AgriStability: Separating fact and fiction

It’s time to dispel some common myths about AgriStability.

Fiction: Crop insurance is the only risk management tool that’s needed.

Fact: While crop insurance provides protection against specific perils, AgriStability provides comprehensive protection when events have a direct and significant impact to the farm’s margin.

AgriStability helps producers manage financial losses, including those caused by tariffs. It factors in any impact to margins, whether from reduced income and inventory value or increased input costs.

Fiction: The application process is too complicated and time-consuming.

Fact: It’s easy to apply to be part of AgriStability. All you need to do to enrol in AgriStability is complete an Application for Fee Notice form. Once enrolled, you will receive an enrolment/fee notice. Simply pay the fee and you are in the program.

Fiction: AgriStability is complex and requires a lot of paperwork.

Fact: AgriStability is a nuanced program that requires participants to submit certain details about their operation. However, these details are what gives AgriStability its strength, allowing it to respond to individual situations.