Farms.com Home   News

New funding to support potato growers

Fredericton, New Brunswick – Agriculture and Agri-Food Canada

New Brunswick potato producers who endured extraordinary costs resulting from excessive moisture during last year's growing season will have access to financial assistance starting this November.

The 2023 Canada-New Brunswick Potato AgriRecovery Initiative will compensate eligible potato producers for the extraordinary costs incurred to grow, harvest, store or dispose of last year's potato crop.

AgriRecovery is a disaster relief framework to help agricultural producers with the extraordinary costs associated with recovering from disasters. Its initiatives are cost-shared – 60% federally and 40% provincially/territorially – as outlined under the Sustainable Canadian Agricultural Partnership.

The program will offer up to $25 million in funding provided by Agriculture and Agri-Food Canada and the Department of Agriculture, Aquaculture and Fisheries through the AgriRecovery Framework.

Source : Canada.ca

Trending Video

In the Markets - Doug Simon

Video: In the Markets - Doug Simon

After a sharp rally to start the week, the grain markets have spent the last few days digesting those gains. Traders are continuing to monitor weather across the corn belt, strong export activity and the critical pollination period for much of this year's corn crop.